In this video we bring to you easy and crisp steps on how to avail PSB loan in 59 minutes . This is the online platform launched by Government of India under tie-up with SIDBI for MSMEs for loan upto Rs.5.00 Cr. There are two options here -Either you can avail Mudra Loan upto Rs.10.00 Cr or loan under MSME upto Rs.5.00 Crs. Till date, It is observed that most applicants are not aware as to how to apply for PSB loan in 59 minutes and hence they waste their time unnecessarily by visiting branches of these banks.
This portal has made all the worries for MSMEs go away in a jiffy as now you can apply for loan sitting at home without having to visit any branch. All you need are the following documents in soft copy in handy form:
1. GST Registration certificate and Login details
2. ITR (Income Tax Return) of atleast 1 year
3. Bank statement of last 6 months
4. Basic details about business and promoter/s
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You have to visit the following official site, Once you have these documents with you- https://www.psbloansin59minutes.com/home
For signup details, Visit here - https://www.psbloansin59minutes.com/home
and upload necessary documents as directed in video.
Kindly shoot any queries you may have in comments box.
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