Union Bank of India Digital Mudra loan:The Union Bank of India is providing Digital Mudra loan where customers can ask up to 10 lakh Mudra loan from the Union Bank of India. If you apply for Shishu Mudra loan of Union Bank of India then you will get instant loan amount in your bank account without uploading extra documents. This will save your time and energy and you will get instant Mudra loan amount to start your business. So if you are interested in restarting your business with Pradhan Mantri Mudra loan scheme then you can read this article to know all about this Union Bank of India Digital Mudra loan scheme and the Union Bank of India Digital Mudra loan eligibility criteria to apply in Union Bank of India Digital Mudra loan 2023.
Union Bank of India Digital Mudra loan 2023
Union Bank India is one of the famous bank in India which is providing various facilities to their customers. The bank is also providing Mudra loan to their customers. the central government has launched Mudra loan scheme in 2015 to provide instant business loan for business-minded person who want to start there micro, small and medium enterprises – MSMEs. the government has divided Mudra loan into three parts the minimum loan is 50000 rupees which is known as Shishu Mudra loan. this is also known as digital Mudra Loan. You can take Kishore Mudra loan for up to 5 lakh rupees and Tarun Mudra loan for up to 10 lakh maximum. If you are looking for Kishore and Tarun Mudra loan then you should physically visit to the branch of Union Bank of India Digital Mudra loan. however if you need up to 50000 rupees and want to get it through Mudra loan then you can apply it digitally by using your mobile phone.
Features of Union Bank of India Digital Mudra loan 2023
- The bank is providing Aadhaar based authentication system where you need not to submit your all the documents through physically.
- The bank is charging interest rates from 7% to 9% and it will be increase according to the eligibility of the customer.
- the bank is not asking any guarantee to provide Mudra loan
- If you are applying for Digital Shishu Mudra loan then you will get the facility of EMI up to 36 months to repay the loan amount. However the maximum EMI is 84 months for maximum 10 lakh rupees
- The loan amount will be provided instantly in the bank account if you apply for Union Bank of India Digital Mudra loan 2023.
Union Bank Mudra loan Eligibility 2023
The age of the applicant should be more than 18 years old. you can take the Mudra loan only for the business purpose only. if you want to start your fruit and vegetable stall, service providing company, small manufacturing units, purchase at tractor or a taxi for providing services etc. or other MSMEs activities can be done through Union Bank of India Mudra loan 2023. there is no any specific eligibility as this is very Flexible loan scheme for Indians
Documents for Union Bank of India Digital Mudra loan
You should have your GST number, and business registration information to apply for Union Bank of India Digital Mudra loan. the bank will not ask any document physically or online. you need to only verify your Aadhar information by entering the Aadhar OTP in the website of Union Bank of India. after that your information will be sent to the Union Bank of India by the government.
Apply online for Union Bank of India Digital Mudra loan
Follow this procedure to apply online for Union Bank of India Digital Mudra loan to ask up to 50000 through online amount instantly:
- First of all you have to visit to the official website of Union Bank of India. https://www.unionbankofindia.co.in/
- Now you have to click on the digital banking section and select the Mudra loan in this section.
- After that you have to click on the Union Bank of India Digital Mudra loan apply now link
- Now you have to accept all the terms and condition of the Union Bank of India which will be available on your screen. you can check the information of the Mudra loan which will be provided by the Union Bank of India on the screen and click on the accept button if you are agree.
- Enter your mobile number you will receive OTP message in your mobile number which you have to enter on the website
- after that online application form will appear in your screen where you have to enter your personal details and other information in the website.
- Now you have to verify your Aadhar information by entering the OTP message in the website which will be send by the government of India for your verification purpose only.
Once you have enter your all the details you can click on the submit button. company will provide you the Union Bank of India Digital Mudra loan after few minutes in your bank account direct.