Are my Aadhar Card and Pan Card sufficient for mudra loans?
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I am into the ladies suit tailoring business, but now I want to extend my business to a proper boutique. And for that, I need a mudra loan from the bank. So what are the documents and proofs required for applying for a mudra loan, as I have only Aadhar and a PAN card?
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You need the following documents to apply for a Mudra Loan:
- Identity Proof: Aadhar Card, PAN Card, or Driving License.
- Mudra Loan Application Form.
- Address Proof.
- Business proof includes a business license or tax registration.
- Your business plan.
- Your income proof.
- Bank Statements
- Passport-size photographs.