• “To provide short term, hassle free credit facility for Micro units to tackle liquidity crunch in their business operations.”

• The Scheme is available to Udyam registered individual and proprietary firms.
• Minimum Age of the borrower/ proprietor is 25 Years and Maximum age is 55 years.
• Satisfactory Credit history as per bank policy

• Minimum Loan Amount – Rs 10,000, Maximum – Rs. 50,000

• Minimum : 12 Months, Maximum: 36 Months

Working Capital & Term loans:

Note: For Term loans repayable more than 1 year up to 5 years, the liquidity premium to be loaded to the Card rates additionally, as given below:

• Hypothecation of assets created out of loan

• Aadhar Card
• Pan card
• Udyam Registration Certificate
• Bank Statement

• Short term loan

• For Mudra loan under Shishu Category (Loans up to Rs.50000) – Nil

• Digital Mode using Aadhar OTP

• Guarantee Coverage: CGFMU