Loans & Finance Centre
MSME / MUDRA Loan
Prdhanmantri Mudra Loan Yojana
Home Loan
Mortgage Loan (LAP)
Personal Loan
Business Loan
Car Loan
Credit Cards
Overdraft Facility (OD/CC)
Startup India Loan
MSME / MUDRA Loan
Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) can be obtained via a nearby branch office of a bank, NBFC, MFI, or other financial institution. Borrowers may now apply for MUDRA loans online using the Udyamimitra portal (www.udyamimitra.in).
Prdhanmantri Mudra Loan Yojana
Mr. Pradhan Mantri MUDRA Yojana (PMMY) is a plan introduced by the Hon’ble Prime Minister on April 8, 2015, to provide non-corporate, non-farm small/micro entrepreneurs with loans of up to 10 lakh. Under PMMY, these loans are categorised as MUDRA loans. Commercial banks, RRBs, Small Finance Banks, Cooperative Banks, MFIs, and NBFCs make these loans. Borrowers can visit any of the above-mentioned lending institutions or apply online using this platform. Under the auspices of PMMY, MUDRA has developed three products, namely ‘Shishu,’ ‘Kishore,’ and ‘Tarun,’ to represent the stage of growth / development and funding requirements of the beneficiary micro unit / entrepreneur, as well as to serve as a reference point for the next phase of graduation / growth.
Home Loan
A mortgage is an arrangement between you and a lender that allows you to borrow money to buy or refinance a house and provides the lender the right to repossess your property if you fail to repay the loan.
Mortgage Loan (LAP)
A loan against property (LAP) is a secured loan provided by banks, home finance firms, and non-bank financial institutions (NBFIs) against residential or commercial property. These loans are often given at a cheaper interest rate than a personal loan or company loan and are disbursed in a timely manner.
Personal Loan
A personal loan is money obtained from a bank, credit union, or online lender that you repay in fixed monthly instalments, or instalments, usually over the course of two to seven years.
Business Loan
A business loan is a loan that is only for business reasons. As with other loans, it entails the formation of a debt that must be repaid with interest.
Car Loan
A car loan is secured against the vehicle you want to buy, therefore the vehicle acts as collateral for the loan. If you fail to make your payments, the lender may confiscate your vehicle. Throughout the loan, fixed monthly payments are made.
Credit Cards
A credit card is a sort of credit facility offered by banks that allows clients to borrow monies up to a pre-determined credit limit. It allows customers to make purchases of products and services.
Overdraft Facility (OD/CC)
An overdraft facility is a financial facility or instrument that allows you to withdraw money from your bank account (savings or current) even if there is no money in your account. When you use the overdraft facility, the bank charges you interest, just like any other credit facility.
Startup India Loan
The Stand Up India Scheme provides bank loans ranging from 10 lakh to 1 crore to at least one scheduled caste (SC) or scheduled tribe borrower and at least one woman per bank branch for the establishment of a greenfield firm. This business might be in manufacturing, services, or trading. In the case of non-individual firms, a SC/ST or woman entrepreneur must possess at least 51% of the ownership and controlling interest.