What is SBI E Mudra Loan?

*= SBI E Mudra Loan is an ideal option for individuals who require funds to meet their various business-related requirements.

*= Through SBI E Mudra Loan, micro enterprises in the country can have better and greater access to funds.

*= Through SBI E Mudra Loan, those who need money for business needs can get loans at affordable interest rates.

*=The processing fee charged through SBI E Mudra Loan is comparatively less. Zero processing fee is charged from MSE units availing Kishor and Shishu loans, while 0.50% tax is levied for Tarun Yojana.

Amount of SBI e-Mudra Loan:- Infant: Up to Rs 50,000 Kishore: Between Rs 50,001 to Rs 5 lakh Tarun: Between Rs.5,00,001 to Rs.10 lakh

SBI e-Mudra Loan Tenure:- 3 Years to 5 Years (Moratorium period up to 6 months may be offered)

SBI e-Mudra Loan Interest Rate:- Linked to MCLR

SBI e-Mudra Loan Processing Fee:- Nil for Kishor and Shishu loans; 0.50% plus tax for Tarun

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