The Pradhan Mantri MUDRA Yojana, which emphasizes the expansion of microenterprises, encourages the younger generation to pursue entrepreneurship by providing them with financial support. The Pradhan Mantri MUDRA Yojana (PMMY) has given MUDRA involvements the names “Shishu,” “Kishore,” and “Tarun” to represent the various stages of development and finance requirements of the recipients who are micro, small, and medium-sized business owners, as well as for the subsequent stage of business growth. The sum includes:

• Shishu: providing up to $50,000 in loans
• Kishore: lending up to five lakhs and beyond fifty thousand dollars
• Tarun: paying loans up to 10 lakhs and more than 5 lakhs

What are the Important Fields and sections of the MUDRA Loan Application Form?

The MUDRA application form’s following sections are listed below:

A. For office use:

1. Enterprise Name
2. Application Serial Number
3. Name of the branch
4. Category – Shishu/Tarun/Kishor

B. Business Information:

1. The name of the business,
2. Its constitution (proprietary, partnership, or PVT),
3. Current business address (state, PIN, mobile number, email address)
4. Date of Start
5. Details of the Proposed Business Activity
6. Skilled/Unskilled Registration
7. Address of the Registered Office
8. Social Category

C. Background Information of Proprietor/Partners/Directors:

1. Serial Number, Name, DOB, Sex,
2. Residential address with mobile number,
3. Academic qualifications
4. Experience in the line of activity
5. Pan Card
6. Proof of Identity/Address Proof
7. Relationship with Bank/Directors, If any

D. Name of Associate Concerns and Nature of Association:

1. Name of Association Concern
2. Address of Associate Concern
3. Bank Details
4. Nature of Association concern
5. The extent of Interest as Pro/Partner/Director or just Investor in Associate Concern

E. Banking/Credit Facilities Existing: (In Rs.)

1. Type of Facilities – Current AC, Savings AC, Cash AC, Term Loan, LC/BG
2. Current Bank Details
3. Limit Availed
4. Outstanding as of Date
5. Security Lodged
6. Assets Classifications
7. If Banking with this Bank, the Customer ID
8. Certification Statement from the Borrowers that no loan was taken from any bank or financial institution apart from the one mentioned in Section E.

F. Credit Facilities Proposed: (In Rs)

1. Type of Facilities – Cash Credit, Term Loan, LC/BG
2. Total Amount
3. The purpose for which required
4. Details of Primary Securities Offered

G. In case of Working Capital: Basis of Cash Credit Limit applied: (In Rs.)

1. Actual Sales for the last two years
2. Sales, revenue, inventory, working capital, creditors, debtors, and promoter contribution are all projected figures.

H. In case of Term loan requirements, the details of machinery/equipment may be given as under:

1. Type of the machine/equipment
2. The purpose for which it is required
3. Name of the supplier
4. The total cost of the machine
5. A total contribution that is being made by the promoters in INR
6. The total amount of loan that is required
7. Repayment with moratorium period requested for 

I. Past Performance/Future Estimates: (Rs.)

Past Performance / Future Estimates and Actual Performance over the preceding two years

• Calculate net sales,
• Net profit, and 
• Capital (or net worth for companies).

J. Status Regarding Statutory Obligations:

1. Registration under the Shops and Establishment Act
2. Registration under the MSME (Provisional/ Final)
3. Drug Authorization
4. Most Recent Sales Tax Returns Filed
5. Most Recent Income Tax Returns Filed
6. Any further unpaid debts

K. Declaration:

1. Declaration with photograph(s) and signature(s) of Proprietor/ Partners/ Director
2. Mention of Date and Place
3. Acknowledgement Slip for loan Application under Pradhan Mantri MUDRA Yojana