What are the documents required for Mudra Loan ?

Following documents are required for availing Mudra loan.

• Proof of  Identity  -  Self  certified  copy  of  Voter’s  ID  card  /  Driving  License  /  PAN  Card  / Aadhar Card/Passport. 
• Proof of Residence - Recent telephone bill, electricity bill, property tax receipt (not older than 2 months), Voter’s ID card, Aadhar Card & Passport of Proprietor/Partners/Directors.
• Proof of SC/ST/OBC/Minority.
• Proof of  Identity/Address  of  the  Business  Enterprise  -Copies of  relevant  licenses/registration  certificates/other documents pertaining to the ownership, identity and address of business unit.
• Applicant should not be defaulter in any Bank/Financial institution.
• Statement of accounts (for the last six months), from the existing banker, if any.
• Last two  years  balance  sheets  of  the  units  along  with  income  tax/sales  tax  return (Applicable for all cases from Rs.2 Lacs and above).
• Projected balance sheets for one year in case of working capital limits and for the period of the loan in case of term loan (Applicable for all cases from Rs.2 Lacs and above).
• Sales achieved during the current financial year up to the date of submission of application.
• Project report (for the proposed project) containing details of technical & economic viability.
• Memorandum and articles of association of the company/Partnership Deed of Partners etc.
• In absence of third party guarantee, Asset & Liability statement from the borrower including Directors& Partners may be sought to know the net-worth.
• Photos (two copies) of Proprietor/ Partners/ Directors.