How to Apply for Mudra Kishore Loan ₹50K-₹5L 2026

About This Guide

Mudra Kishore category: ₹50,000 to ₹5 lakh for established micro enterprises seeking expansion. No collateral required. CGTMSE coverage. Interest 8-14%. Tenure 3-7 years. Working capital + term loan.

Eligibility Criteria

• Existing business 1+ year
• Indian citizen 18+
• Micro enterprise (manufacturing/services/trading)
• PAN mandatory
• Aadhaar mandatory
• CIBIL preferred 650+

Documents Required

Keep these documents ready before starting application. Missing documents = delayed approval.

• Aadhaar, PAN
• Address proof
• Business proof (registration/license)
• GST certificate (if applicable)
• Bank statements 12 months
• Sales records 1-2 years
• Photo
• Quotations for expansion
• Project report

Step-by-Step Application Process

Follow these steps in order. Each step is critical - skip none.

Key Benefits

• ₹50K-₹5 lakh loan
• No collateral (CGTMSE)
• Interest 8-14%
• Tenure 3-7 years
• Working capital flexibility
• Mudra Card option
• Established business focus

What Happens After Application?

30-60 days approval. Maintain books. After successful Kishore, eligible for Tarun (₹5-10L).

Frequently Asked Questions

Related Guides