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At First Step Wealth Planner, we believe in supporting the spirit of entrepreneurship. Whether you're starting a new business, expanding your current one, or need working capital, our Mudra Loans are tailored to help small and micro enterprises grow. With minimal documentation, flexible repayment options, and government-backed support, we make business financing easy and accessible. Take the first step toward building your dream venture today.
A Mudra Loan empowers small businesses and entrepreneurs by providing easy access to funds without the need for collateral. Whether you're launching a new venture, expanding operations, or upgrading your equipment, Mudra helps fuel your ambitions with ease. Here's why it's a powerful financial tool for growth:
Whether you're starting out or looking to grow, Mudra Loans offer tailored support for micro and small enterprises across sectors.
No security or guarantor required—get the funds you need without putting your assets on the line.
Use Mudra funds for daily operations, machinery upgrades, inventory, or business expansion plans.
Benefit from competitive interest rates offered by partnered banks and NBFCs under the Mudra scheme.
Minimal documentation and quick processing make it easy for entrepreneurs to access timely funding.
At First Step Wealth Planner, we offer customized Mudra Loan solutions under the Pradhan Mantri MUDRA Yojana to support aspiring entrepreneurs, small business owners, and startups. Whether you’re starting a new venture or expanding an existing one, our Mudra Loans provide easy access to funds with zero collateral, flexible terms, and expert support to help your enterprise grow.
Get funding up to ₹10 Lakhs without any security or guarantor, making it easier for micro and small businesses to grow.
Enjoy a smooth and simple loan process with minimal paperwork and quick approvals to support your business needs.
Choose from Shishu, Kishor, or Tarun loan categories based on your business stage and funding requirements.
Avail loans at competitive interest rates through banks, NBFCs, and MFIs under the Mudra Yojana framework.
Our team will support you through the loan process and beyond, helping you make informed financial decisions for your business growth.
Applicants must be between 18 to 65 years of age.
Loans available from ₹50,000 up to ₹10 Lakhs based on business requirements and eligibility.
Startups, artisans, small vendors, shopkeepers, retailers, manufacturers & MSMEs are eligible under Pradhan Mantri Mudra Yojana.
Private & Public Ltd. Companies, Partnerships, LLPs, NGOs, Trusts & Co-operative Societies.
Must have no past loan defaults with any bank and a valid savings or current account.
PAN Card, Aadhaar Card, Valid Email ID, Active Mobile Number (linked with SB/CA account), Udyam Registration Certificate (linked number must match CBS).
Access Mudra Loans under various government schemes
A Mudra Loan is part of the Pradhan Mantri Mudra Yojana (PMMY), which provides collateral-free funding to small and micro-businesses in manufacturing, trading, and services sectors. The loan is designed to boost self-employment and entrepreneurship.
Mudra Loans are classified into three categories: Shishu (up to ₹50,000), Kishore (₹50,001 to ₹5 lakh), and Tarun (₹5 lakh to ₹10 lakh), catering to businesses at various growth stages.
No, Mudra Loans are completely collateral-free. They are backed by a government credit guarantee, making them accessible for micro and small enterprises without property or assets to pledge.
You can apply online via participating bank portals, NBFCs, or government sites like Udyami Mitra. Upload necessary documents like Aadhaar, PAN, business proof, and submit your business proposal.
Interest rates vary by bank and loan type but generally range between 7% to 12% annually. Repayment tenure can go up to 5 years, depending on the loan amount and purpose.
Required documents include Aadhaar Card, PAN Card, proof of business address, income tax returns (if applicable), and a detailed business plan with projected income and expenses.
