Documents Required for MUDRA Loan

The documents required for MUDRA loans vary depending on the lender you choose. However, here are some basic documents you need to submit when applying for a MUDRA loan:

Proof of Identity

You need to provide any of these proof of identity documents:

• Aadhaar card

• PAN card

• Driving licence

• Voter’s ID

• Passport

• Any other government-issued photo ID card

Proof of Residence

You need to submit any of these documents as your proof of address:

• Aadhaar card

• Passport

• Voter’s ID

• Government-issued domicile certificate

• Utility bills like electricity, telephone, gas, or house tax bills

Proof of Business 

To prove your business’ existence, address, and ownership, you must provide any of these documents:

• Proof of Business Continuity 

• Business registration

• Business licence

• Business certificate

• Partnership Deed, Memorandum, or Article of Association

Other Documents

Here is the list of other documents to submit when applying for a MUDRA loan:

• Duly-filled MUDRA loan application form

• Passport-size photographs of business owners and partners

• Government-issued caste/community certificate for Scheduled Castes (SCs), Other Backward Castes (OBCs), and Scheduled Tribes (STs)

• Balance sheet for the last two years

• Estimated balance sheet for the next financial year or the loan tenure

• Bank account statement

• Sales record for the last year

• A robust and well-documented business plan 

• Trade references