SBI e Mudra Loan Online Apply 2025: Over the past few years, helping small and micro-enterprises financially has been a main concern of the Indian government. One major effort in this area is the Pradhan Mantri Mudra Yojana (PMMY) which gives collateral free loans to micro and small business enterprises not involved in farming. Under this scheme, the State Bank of India (SBI) plays a key role by providing simple ways to get a loan through its e-Mudra portal.
Because everything is becoming digital, applying for a Mudra loan has been updated. In 2025, there is no need to go to an SBI branch when applying for an e Mudra loan online. If you are a business owner, a street vendor or planning to launch a new small business, learning about the digital application process might speed up your approval and save you trouble.
What is SBI e Mudra Loan?
SBI e Mudra Loan is a digital initiative by the State Bank of India to offer Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) through an online platform. This facility is designed for micro and small enterprises needing financial support to expand or stabilize their businesses.
Features of SBI e Mudra Loan:
| Feature | Details |
|---|---|
| Loan Type | Unsecured (Collateral-free) |
| Maximum Loan Amount | ₹10 Lakhs |
| Categories | Shishu (up to ₹50,000), Kishore (₹50,001 – ₹5 Lakhs), Tarun (₹5 Lakhs – ₹10 Lakhs) |
| Interest Rate | As per RBI/SBI guidelines |
| Tenure | Up to 5 years |
| Processing Fee | Nil to minimal |
| Application Mode | Online via SBI e-Mudra portal |
Types of Mudra Loans Available Under SBI
Under the PMMY, SBI offers three categories of Mudra loans based on the funding requirement:
1. Shishu Loan
- For businesses in the early stages.
- Loan amount up to ₹50,000.
- Minimal documentation required.
2. Kishore Loan
- For established businesses seeking moderate expansion.
- Loan amount between ₹50,001 and ₹5 Lakhs.
- Moderate documentation and business proof needed.
3. Tarun Loan
- For well-established businesses looking for significant growth.
- Loan amount from ₹5 Lakhs to ₹10 Lakhs.
- Detailed documentation including financial statements required.
Who Can Apply for SBI e Mudra Loan in 2025?
Applicants must fall under the non-corporate, non-farm small/micro enterprises sector, such as:
- Small manufacturers
- Artisans
- Fruit/vegetable vendors
- Truck operators
- Shopkeepers
- Service providers (salons, repair shops, etc.)
Eligibility Criteria:
| Criteria | Requirement |
|---|---|
| Age | 18 to 65 years |
| Existing SBI Customer | Yes (SAVINGS or CURRENT account holder) |
| Business Vintage | At least 6 months for Kishore and Tarun loans |
| KYC Compliance | Aadhaar, PAN, Voter ID, etc. |
| Business Proof | Required for loans above ₹50,000 |
Documents Required for SBI e Mudra Loan Online Apply 2025
To apply for the SBI e Mudra Loan online, applicants must submit digital copies of the following documents:
| Document | Purpose |
|---|---|
| Aadhaar Card | Identity and Address Proof |
| PAN Card | Income tax and identity verification |
| Business Address Proof | Business registration certificate/utility bill |
| Bank Account Statement | Past 6 months (for Kishore and Tarun loans) |
| Business Plan/Quotation | Projected use of loan funds |
| GST Registration (if applicable) | Proof of business turnover |
How to Apply for SBI e Mudra Loan Online in 2025?
Follow the steps below for a successful application via the official SBI e Mudra portal:
- Visit the SBI e-Mudra Portal https://emudra.sbi.co.in
- Select ‘Apply Now’ Option, choose whether you are applying for Shishu, Kishore, or Tarun loan.
- Enter Account Details, provide your SBI savings/current account number and registered mobile number.
- Complete eKYC via OTP, use Aadhaar-linked mobile number for OTP-based verification.
- Scan and upload required documents including business proof and photos.
- Agree to terms and conditions, and submit your application.
- Use the same portal to check the status of your SBI e Mudra Loan application.
Benefits of Applying for SBI e Mudra Loan Online
- Convenience: 100% online application process; no branch visits required.
- Faster Disbursement: Loans approved within 7–10 working days (subject to verification).
- Zero Collateral: No need to pledge assets or guarantee.
- Flexible Repayment: Up to 60 months repayment with optional moratorium.
- Low Interest Rate: Attractive interest as per government guidelines.
SBI e Mudra Loan Repayment Terms
Repayment terms are designed to be flexible and business-friendly:
| Loan Category | Repayment Tenure | EMI Option Available | Moratorium Period |
|---|---|---|---|
| Shishu | Up to 3 years | Yes | 3–6 months |
| Kishore | Up to 5 years | Yes | 3–6 months |
| Tarun | Up to 5 years | Yes | 6 months |
Prepayment is allowed without any penalty, encouraging early closure for lower interest liability.
Conclusion
By offering online applications, SBI e Mudra Loan Online Apply 2025 gives Indian micro and small businesses many more opportunities. Because digital applications happen quickly, approvals are fast and the government helps, signing up for this is a sensible way to finance business growth. Knowing what is involved and matching the requirements can help you obtain the financing for success in 2025 and afterward.
FAQs About SBI e Mudra Loan Online Apply 2025
Is there any subsidy available on Mudra loans?
Yes, certain sectors under PMMY are eligible for interest subvention or capital subsidy, particularly under government-supported schemes.
Can new businesses apply for an SBI e Mudra Loan?
Yes, but only under the Shishu category (up to ₹50,000) where minimal business history is required.
What if my SBI account is inactive?
You must first activate your account or open a new one. An active account is mandatory for application.
Is a CIBIL score required?
Not for Shishu loans, but a good credit history improves chances for Kishore and Tarun categories.
Can I reapply if rejected?
Yes, after resolving the issues cited in the rejection. Ensure documentation is accurate.
Shubhankar Mishra is the founder of Softloan.in and a popular YouTuber. With expertise in automobiles and finance, he creates valuable content to help his audience make informed decisions about car purchases and financial planning.