SBI e Mudra Loan Apply Online 2025

If you want to start a small business and are unable to start it due to lack of funds, then the e-Mudra loan scheme of State Bank of India (SBI) can prove to be beneficial for you. Under this scheme, you can get a loan of up to ₹ 50,000 online in just a few minutes from home. This loan under Pradhan Mantri Mudra Yojana (PMMY) has been launched specifically with the aim of providing financial assistance to micro, small and medium enterprises (MSME).




What is SBI e Mudra Loan Apply Online 2025?

SBI e-Mudra Loan is a digital loan service launched by SBI to provide financial assistance to small traders, startups and self-employed people. The main objective of this loan is to provide simple and quick loans to small enterprises according to their financial needs.

Under this scheme, State Bank of India provides loans ranging from ₹50,000 to ₹1 lakh to its customers. For an amount up to ₹50,000, one can apply online, while for an amount higher than this, one has to visit the bank branch and complete the required documentation.

Types of SBI e Mudra Loan

1. Loan up to ₹50,000: If you want to take a loan amount up to ₹50,000, then you can apply for it online from home. On completion of eligibility, this amount is transferred to your account in just five minutes.

2. Loan up to ₹50,000 to ₹1,00,000: For this amount, you have to apply by visiting the branch where you have your SBI savings or current account. After completing the document verification and required formalities at the branch, you will receive an SMS on your registered mobile number, which will contain instructions for further process. It is mandatory to complete this process within 30 days of loan approval. 

Benefits of SBI e Mudra Loan 

  • Completely online application process.
  • Minimum documents required,
  • Loan up to ₹50,000 can be availed in a few minutes.
  • Loan is sanctioned without any guarantee.
  • Facility to avail loan amount up to ₹1 lakh.
  • Available at low interest rates.
  • Repayment period is long so can be easily paid in installments

Eligibility for SBI e Mudra Loan

  • Applicant should be a micro, small or medium entrepreneur.
  • Should have a current or savings account at least six months old in SBI.
  • KYC process must be completed.
  • Mobile number must be linked to Aadhaar card.

Documents required for SBI e Mudra Loan

  • Aadhaar card
  • PAN card
  • Business certificate (if available)
  • Bank account number and branch details
  • GST registration (if applicable)
  • Shop and establishment certificate (if available be)
  • Registered mobile number and email id

How to Apply Online SBI e Mudra Loan

  • Visit the official website: Visit the official website of SBI and find the “SBI e Mudra Loan” option.
  • Fill the online form: Enter personal information (name, address, Aadhaar card number, PAN card number) and business information (business name, type, annual turnover etc.).
  • Do OTP verification: Enter the OTP received on the registered mobile number and submit the form.
  • Upload documents: Upload the required documents like Aadhaar card, PAN card, GST number (if applicable), business registration certificate.
  • Get loan approval: After reviewing the application, if your loan is approved, an amount up to ₹50,000 will be transferred to your account immediately.

If you want a loan of more than ₹50,000, you will have to visit your SBI branch and complete the documentation. After loan approval, information regarding further process will be given through SMS.



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