Mudra Loan Eligibility Documents 

Mudra loans are offered by various banks and financial institutions that can be used by the applicants with a minimum age of 18 years and a maximum age limit of 65 years. The applicant should not have any past loan defaults with any financial institution and primarily should have a good repayment history.  

These loans are often availed by individuals, self-employed professionals, business owners, women entrepreneurs, MSMEs, and other business entities engaged in the services, trading, and manufacturing sectors. There are the following categories and required documents are motioned below: 

 Vehicle Loans  

• Mudra Application Form 
• Vehicle loan application form 
• 2 passport size color photographs 
• Photo Identity proof 
• Address proof 
• Income proof 
• Bank statement (last 6 months) 

Business Installment Loan 

• Mudra Loan application form 
• BIL application form 
• Photo identity proof 
• Address proof 
• Establishment proof 
• Bank statement (last 6 months) 
• Ownership proof of residence/office 
• Proof of continuity of business 
• Proof of qualification 
• Trade references 
• 2 years ITR 
• CA certified financials

Business Loans Group and Rural Business Credit 

• Mudra application Form 
• BIL/RBC application form 
• Photo identity and age proof 
• Address proof 
• Ownership proof of residence/office 
• Business vintage proof 
• Bank statement (last 12 months) 
• Income tax return (last 2 years)