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Business & MSME

MSME / MUDRA Loan

Government-backed loan under PMMY for micro & small enterprises.

Interest rate
8.5% – 12% p.a.
Loan amount
Up to ₹20 lakh (Shishu/Kishore/Tarun/Tarun Plus)
Tenure
Up to 7 years
Processing fee
Nil – 0.5%

Eligibility

  • Non-corporate small business
  • Udyam registration
  • Indian citizen

Documents required

  • KYC
  • Business proof (Udyam/GST)
  • 6 mo bank statement
  • Quotation if equipment

Best for: First-time borrowers, micro units, no collateral up to ₹10L (CGTMSE).

Insider tip: Apply via Jan Samarth or PSB Loans in 59 Minutes portal for fastest in-principle approval.

Why apply through Moneymax Fingrow

  • 19 years of lending expertise and ₹1,048 Cr+ disbursed.
  • 48+ banks & NBFCs compared in a single application.
  • Doorstep document pick-up across Chennai, Bengaluru, Hyderabad and Mumbai.
  • Transparent fees, lowest negotiated rates, end-to-end handholding till disbursal.
Moneymax

Ramesh K. from Chennai got Business Loan of ₹38,00,000

Sanctioned via Moneymax • 2 minutes ago