SBI MUDRA Loan – Tarun
About This Loan
SBI MUDRA Tarun is the highest tier under MUDRA, providing ₹5,00,001 to ₹10,00,000 for well-established micro enterprises needing significant capital for expansion, new equipment, or additional working capital. Available to businesses with proven track record.
Maximum Amount
₹10,00,000
Interest Rate
10.25% – 14% p.a. (varies by profile and rating)
Tenure
Up to 5 years (term loan), 12 months renewable (working capital)
Collateral
Nil (CGTMSE guarantee available)
Processing Fee
0.50% of loan amount + applicable GST
Eligibility
Existing business with 2+ years track record; turnover of at least ₹5 lakh; good credit history; viable growth plan.
Application Process
- 1Apply at SBI branch or online portal
- 2Submit comprehensive financial documents and project report
- 3Branch conducts site visit and financial assessment
- 4Loan appraised by branch/regional office
- 5Sanctioned within 21-30 working days
Documents Required
- MUDRA loan application form
- Identity and address proof
- Udyam Registration certificate
- Last 12 months bank statements
- Last 2 years ITR with computation
- Balance sheet and P&L statement
- Detailed project report for expansion
- Quotations for assets to be purchased
Official Links
Related Government Schemes
Disclaimer
This information is sourced from publicly available bank and financial institution websites. EduMetrics is not a financial advisor or lending institution and does not guarantee the accuracy of interest rates, eligibility criteria, or loan terms. Please verify all details with the respective bank before applying.