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PMMY Pradhan Mantri Mudra Bank Loan Scheme – Application Form, Apply, Interest Rates – Download pdf, loan application form.#Loan #application #form


Mudra Bank Loan Scheme Application Form|Apply|Interest Rates

MUDRA LOAN Pradhan Mantri Mudra Loan Scheme Pradhan Mantri Mudra Yojana 2017 Mudra Loan Scheme | Steps to Apply for P MMY

Small business units require proper financial support to grow. Indian Government understands this and that is the reason why Government has come up with Pradhan Mantri Mudra Yojana. This scheme will provide financial assistance to small businessmen who want to grow their business. The financial support will be given via loan. In this article, we will explain everything related to Mudra Loan. All the questions like What is Mudra Loan Scheme ? How to Apply for Mudra Loan ? What is the eligibility ? etc. will be answered here.

Mudra Yojana (PMMY) Pradhan Mantri Mudra Loan Scheme

There are numerous small businessmen in the country who have potential, who have ideas but they lack financial support. In order to help such small business units, Indian Government has come forward. With the help of Mudra Bank, our PM has launched a scheme called Mudra Yojana. Some call it Mudra Bank Yojana while others also refer to it as Mudra Loan Yojana. It doesn t really matter by what name you know it. Under this scheme Loans will be given to eligible applicants.

To run smoothly, all businesses should be financially strong. Established businessmen manage all the financial issues by themselves. However, the start ups or entrepreneurs need help. If the help comes from the government, that is a good thing. Indian Government has come up with a Loan scheme that has been named as Pradhan Mantri Mudra Yojana (PMMY) . It is also being known as Mudra Loan

Knowing about the Mudra Loan process is important if you are interested. Other important factors include Type of Loans, Interest rates being offered and How to Apply. Well, this particular article, addresses the same issues and helps the people in finding out complete information regarding the Mudra Loan. We have attached the official documents also, you are advised to take a look at them.

Loan application formThis Article of Pradhan Mantri Mudra Bank Loan Yojana will be a like a Handbook for all those who are seeking for details. After reading the giving information you will come to know all about the Mudra Bank Scheme. Let s get started and find everything about the scheme.

Mudra Bank Loan Scheme Details | Process

There are many small organizations, companies and start ups, Entrepreneurs in India. All these are collectively known as Micro Units. It has been observed that these Micro Units lack Financial Support. If Financial support is given they can grow and be much better than they are currently.

MUDRA, Full form Micro units Development and Refinance Agency Ltd. is an institution that has been set up by Indian Government in the leadership of PM Sh. Narendra Modi. MUDRA Bank has been set up with only one goal in mind Fulfilling all the Funding needs of Non Corporate Small Businesses.

  • Preparing and Launching the Policy Guidelines
  • Registration and Regulation of MFI Entities.

Note MFI Stands for Micro Finance Institution

  • Running a Credit Guarantee Scheme
  • Creating a Good Architecture for serving Micro business by Providing them Loan (Financial Assistance)

Pradhan Mantri Mudra Yojana Loan Scheme

A special scheme has been launched and named as Pradhan Mantri Mudra Yojana (PMMY). All the required responsibilities and functioning of Mudra Bank will be done under this scheme.

The big question that now arises in the mind of people is that What is the eligibility criteria to be part of Mudra Bank Loan Scheme and What is the procedure of Loan Application . Other important things are the interest rate Application forms. But before going to that it is extremely important to Know the Category of your Business

Mudra Bank Scheme Shishu, Kishor Tarun Loan Categories

Micro units or small business had to be categorized to signify the growth stage, Development and Funding requirements. Three categories were created for this purpose Namely Shishu(Child Category) , Kishor Category and Tarun Category .

To find out in which category your business falls, here is the explanation of each category

Shishu Loan As the name suggests, this category is for the Start ups. All those businesses that have been just started and looking for Loan will fall in this category. A loan Cover of Rs. 50,000 will be given to all micro units falling in this Category. Interest Rate for Shishu Category is in the range of 10 to 12 %

Kishor Loan This one is for those who have started their business but it has be established yet. A loan cover from Rs. 50,000 to 5 Lakhs will be given to units falling into this category. Interest rate in Kishor category is in the range 14 to 17% percent

Tarun Loan All small business which have been set up and established will fall into this category. There may be some financial requirements for the betterment of business. That s why all small business or units falling into this category will be eligible for a Loan Cover of upto Rs. 10 Lakh. Interest rate in the Tarun category starts from 16 %

Required Documents for MUDRA Bank Loan Scheme

  • Self Attested Identity Proof
  • Self Attested Address Proof
  • Passport Size Photographs
  • In case you have purchased machinery or item, you have to provide Supplier s Name, Machinery Details and Machinery Price
  • You company Address and ID Proof
  • Business Registration Certificate etc.

Eligibility Criteria for Participating Banks and Financial Companies

Scheduled Commercial Banks

All scheduled commercial Banks in public and private sector with 3 years of continuous profit track record, net NPAs not exceeding 3%, minimum net worth of Rs.100 cr. and not less than 9% CRAR are eligible to Lend Loan

All restructured RRBs having net NPA within 3% ( relaxable in deserving cases), having profitable operations and notcarrying any accumulated losses and CRAR 9% are eligible under Pradhan Mantri Mudra Scheme.

MFI, Small Business companies are also eligible if they fulfill the requirement

Apply for Mudra Bank Loan Scheme(PMMY) Application Form Download Other Details

Here is the step by step information regarding applying to the Mudra Bank Loan Yojana for all categories i.e. Shishu, Kishor and Tarun.

Note You must prepare a business idea before applying. You have to present your business idea along with application form.

  • First of all the borrower(Who wishes to take loan) under PMMY needs to visit the Private or Commercial bank nearest to his location
  • Present your Business Idea along with the Loan Application (Forms given below)Along with the form you need to provide proof of identity, Proof of Address and recent passport size photographs
  • All formalities as per the bank instructions are to be filled by the Borrower
  • After completion of above Steps, the Loan will be sanctioned and will be made available to the Loan Seeker.

MUDRA Bank Loan Scheme Helpline

If you have any doubts, queries regarding the scheme, you can contact the helpline in following ways

Write an Email to [email protected]

Loan application formMUDRA LOAN Application Form

Here is how the form look like

Loan application form

Official File Explaining the Process

Official File regarding the Eligibility Criteria

For any queries regarding PMMY(PM mudra Yojana or Scheme) , Kindly leave comments below.


Loan application form#Loan #application #form


loan application form

Loan application form

  1. Review eligibility requirements and loan process .
  2. Download, complete and sign the application form Small Business or Citrus Business .

  • Contact and provide completed and signed application and support documentation to your local Florida Small Business Development Center (SBDC). Find your local SBDC at www.FloridaSBDC.org/locations .
  • The Florida Small Business Emergency Bridge Loan Program was activated by Gov. Rick Scott on Sept. 14, 2017, as a result of Hurricane Irma. On. Oct. 6, the program was expanded to include Florida’s citrus businesses.

    This interest-free loan program is currently available to small business owners and citrus businesses throughout Florida that experienced physical and/or economic damage as a result of the storm. Small business owners can qualify for up to $50,000 and citrus growers up to $150,000.

    The program provides a source of expedient cash flow to Florida small businesses that have been physically and/or economically impacted by the storm. These short-term, interest-free working capital loans are intended to “bridge the gap” between the time a major catastrophe hits and when a business has secured longer term recovery resources, such as sufficient profits from a revived business, receipt of payments on insurance claims or federal disaster assistance.

    The Emergency Bridge Loan Program is not designed to be the primary source of assistance to affected small businesses, which is why eligibility is linked to pursuit of other sources. Note: Loans made under this program are short-term debt loans made by the state of Florida using public funds. They are not grants . Emergency bridge loans require repayment by the approved applicant from business receipts, insurance proceeds received, or longer-term disaster recovery assistance.

    • Designated Disaster Area: All of Florida s 67 counties.
    • Qualified Applicant: Applications will be accepted by qualified for-profit, privately held small businesses that maintain a place of business in the state of Florida OR citrus businesses who maintain a citrus grove in production in the state. All qualified applicants must have been established prior to Sept. 4, 2017, and suffered physical damage and/or economic injury as a result of the designated disaster. Qualified small business applicants must be an employer business with a minimum of two (2) and maximum of one hundred (100) employees. Note: The employee requirement does not apply to citrus businesses . Citrus Growers: Go Here for details and to apply for an emergency loan.
    • Amount: Between $1,000 and $50,000 for eligible small businesses; and up to $150,000 for eligible citrus businesses.
    • Term: 90 or 180 days based on individual business circumstances for eligible small businesses; and one (1) year for eligible citrus businesses.
    • Interest: Loans will be interest-free for the loan term.
    • Payments: Payments are not required during the established loan term, but loans must be paid in full by end of the designated loan term, otherwise the loan will be considered in default and penalties apply.
    • Payment Process: Loan payments will be made directly by borrowers to Florida First Capital Finance Corporation, the state of Florida appointed fiscal administrator of the program.
    • Non-Payment Penalties: Penalties for non-payment will begin at the expiration of the established term of each loan, and will be as follows:
      • 12% per annum on the unpaid balance for the first 180 days following expiration of the established term.
      • 18% per annum on the unpaid balance thereafter.
      • Default is subject to normal commercial collection process.

    Applications will be accepted by qualified Florida small businesses and citrus businesses under this program through Nov. 30, 2017 , contingent on availability of funds.


    DDA Housing Scheme 2017, Application Form, Results, Details – Deal4loans, loan application form.#Loan #application #form


    DDA Housing Scheme 2017 | Application Form | Results | Details

    DDA Housing Schemes in Delhi: 12072 Flats Scheme launched by DDA on 30 June 2017 to 11 September 2017. Get details on Draw results 2017 Procedure, conditions, Loans, finance on flats, application Fee, Form Fees at as Sarita Vihar, Jasola, Dwarka, Vasant Kunj, Pitampura, Sukhdev Vihar, Narela, Rohini, Jahangirpuri , Loknayakpuram, Siraspur, Paschim Vihar, Kalyan Vihar, Kondli Gharoli and Mukherjee Nagar.

    About: DDA commenced its housing activities in 1967 and has played a crucial role in providing more than a million houses to the people of Delhi. DDA has been constructing houses in Delhi according to the requirements and purchasing capacity of different strata of society.

    Last Updated as on 16 August 2017: DDA housing scheme: Last date extended to Sept 11. With the number of applicants less than the number of flats so far, the DDA is planning to extend the scheme and rope in four banks to offer loan against registration money. received only 8,000 applications while only 75,000 forms were sold till August 8, Results will be declared in first week of November.

  • DDA Housing Scheme is almost certain to roll out on 30 June 2017. The scheme has also been linked to the Pradhan Mantri Awas Yojana. Application Brochure available at Rs.200 inclusive of all taxes. Out of the total 12072 flats, most of them in Rohini, Dwarka, Narela, Vasant Kunj and Jasola, 10,000 unoccupied flats were from a 2014 housing scheme. The cost of the flats varies from Rs 7.5 lakh to Rs 1.44 crore. DDA Tied up with 10 banks for application forms loans transaction Axis Bank, Yes Bank, IDBI, Bank of Baroda, Central Bank, SBI, Kotak Mahindra, HDFC, ICICI and Canara Bank.

    Maximum Income of 3 lakh annually to get subsidy on Interest Rates under Pradhanmantri Awas Yojna if they are applying for houses under EWS category. Alongwith this Applicant should not have a concrete house in Delhi.

    Previous Update as on 22 May 2017: Heavy fine for returning DDA flats 2017 Delhi Development Authority (DDA) has decided to levy a penalty, ranging from 25-100% of the earnest money, to ensure only serious buyers apply for its new housing scheme that is likely to be announced in mid-June. All formalities done, final approval from lieutenant governor for auction of 13,000 flats expected by the end of the month.

    Forms will be available at select branches of these banks in Delhi only. Sources in DDA said that 99 branches of Bank of Baroda, 48 of Yes Bank, 118 of Axis Bank, 84 of IDBI bank , 50 of Kotak Mahindra Bank , 29 of State Bank of India, 28 of Central Bank of India and 6 of HDFC will be on board.

    Registration fee for Middle Income Group (MIG) and Higher Income Group (HIG) flats Rs. 2 lakh

    Here s Major Details of DDA Housing Scheme August 2017:

    • Click here for DDA Scheme Application Form Download
    • Last Date for Submit Application Forms download 11 September 2017
    • For More Information or Procedure of Draw Results
    • Application brochure/Form can be collected from the branches of the following Banks . Also Brochure/Form can be downloaded from the websites of Below mentioned Banks. Applicants can also apply online through the websites of these banks. List of Banks where you can submit Application Form are Axis Bank, HDFC Bank, Kotak Mahindra Bank, SBI, IDBI Bank, ICICI Bank, Yes Bank, and Central Bank of India. You can apply in any branch of these banks.
    • Applicant must not own any residential flat or plot in Delhi, in their own name or in the name of their spouse or children
    • One person can submit only one application | Both Husband and wife can apply but if both are successful, only one can retain the flat. | Any Citizen of India who is at least 18 years old at the time of filling application.
    • Registration Fee: Rs.2 Lac for general, Rs.100000 for EWS, (Submitted at the time of Application form submission)
    • Documents Required Aadhaar Card Number (Not Mandatory), Pan Card is Mandatory

    DDA Important News August 2017

    And a toll free number is available for guiding the applicants. Applicant can dial Toll Free Number: 1800-110332.

    Price/Cost of Flats DDA Housing Scheme 2017:

    Price Range, Area and Location of Flats:

    DDA Housing Scheme FAQs

    How much does the brochure cost? Cost of the brochure for last scheme was Rs 150. If you download it online, you will have to pay the amount at the time of submission.

    How can my bank help? You can apply at the banks that tie up with DDA. 13 banks had tied up last time.

    Do I need ID proof? All you need is a photocopy of your PAN card.

    Am I eligible? Any Indian citizen, 18 years of age and above can apply. However, you are not eligible to apply if you already own a flat or plot in your or your spouse/child’s name in Delhi.

    How many times can I apply? A person can only apply once each year.

    If I’m applying can my husband/wife also apply? Yes, both of you can apply separately. However, if both of you are allotted flats, only one can be retained.

    For Apply Online for DDA HOUSING SCHEME 2017,Please Visit on following Banks links and Helpline Numbers with contact person,E mail ID as below:

    Central Bank of India https://dda.payu.in/ddacbi

    State Bank of India https://dda.payu.in/ddasbi

    Axis Bank- http://axis.formzero.in/

    HDFC Bank http://www.hdfcbank.com/htdocs/common/dda-housing-scheme/index.htm

    IDBI Bank http://idbi.formzero.in/

    Yes Bank https://dda.payu.in/ddayes

    Kotak Mahindra Bank https://dda.payu.in/ddakotak

    ICICI Bank http://icici.formzero.in/

    Delhi Development Authority May Bring Next Housing Scheme Completely Online

    From application to refund , the Delhi Development Authority (DDA) is mulling making its next housing scheme a completely online affair to reduce the long queues of flat aspirants at its headquarters.As per recent reports, about 11,000 flats are to be offered under Housing Scheme 2016. The flagship Housing Scheme 2014 offered 25,040 flats across categories, with prices ranging between Rs. 7 lakh and Rs. 1.2 crore.

    News About DDA Housing Scheme:

    Shell out Rs. 5 lakh to apply for DDA housing scheme

    Do you wish to land a two bedroom, or bigger, flat in Delhi Development Authority’s (DDA) upcoming housing scheme? Be prepared to arrange Rs. 5 lakh to just apply for the housing scheme.

    The DDA wants to hike the fee to deter non-serious applicants and speculators from applying.

    “With the cost of MIG and HIG flats being upwards of Rs. 50 lakh, DDA are going to keep the registration fee at 10 per cent of that amount,”.

    During the 2014 scheme, when the registration fee was Rs. 1 lakh, most banks had financed the amount for applicants for a charge of average Rs. 5,000.

    However, if the registration fee goes up, the charges will also be hiked proportionately and could go up to Rs. 25,000.

    DDA starts inspecting housing scheme flats it will offer this season. The examination will be done by six teams of engineers. The land owning agency will be offering around 13,000 flats under its housing scheme, of which 350 are two-room Middle Income Group flats, while about 11,000 are either one-bedroom Lower Income Group Flats flats or Janta flats.

    12,000 flats on offer under new DDA scheme will launched on 30 june 2017: News Date 28 june 2017

    The Delhi Development Authority will launch its much-awaited housing scheme on June 30. Close to 12,000-plus flats -a majority of which were returned by allottees of a 2014 housing scheme — will be up for sale.

    Previous Update as on 16 Mar 2017: Due to some issues, DDA Housing scheme again delayed till May 2017. Hope this time its launched in April. DDA Flat scheme continuously delayed from last 6 months.

    Latest Update as on 28 Jan 2017: DDA flats 2017 : Now customers can inspect rejected houses before buying in Delhi. 350 are two-room middle income group (MIG) flats. The remaining are either lower income group flats (LIG) flats or Janta flats.

    Previous Update as on 20 Jan 2017: DDA housing scheme likely to be launched next month (June, 2017). There are mainly one-bedroom LIG flats from the last housing scheme. The new scheme should be out sometime in February. Out of the total number of flats, most of them are in Rohini, Dwarka, Narela, Vasant Kunj and Jasola.


  • DDA Housing Scheme 2017, Application Form, Results, Details – Deal4loans, loan application form.#Loan #application #form


    DDA Housing Scheme 2017 | Application Form | Results | Details

    DDA Housing Schemes in Delhi: 12072 Flats Scheme launched by DDA on 30 June 2017 to 11 September 2017. Get details on Draw results 2017 Procedure, conditions, Loans, finance on flats, application Fee, Form Fees at as Sarita Vihar, Jasola, Dwarka, Vasant Kunj, Pitampura, Sukhdev Vihar, Narela, Rohini, Jahangirpuri , Loknayakpuram, Siraspur, Paschim Vihar, Kalyan Vihar, Kondli Gharoli and Mukherjee Nagar.

    About: DDA commenced its housing activities in 1967 and has played a crucial role in providing more than a million houses to the people of Delhi. DDA has been constructing houses in Delhi according to the requirements and purchasing capacity of different strata of society.

    Last Updated as on 16 August 2017: DDA housing scheme: Last date extended to Sept 11. With the number of applicants less than the number of flats so far, the DDA is planning to extend the scheme and rope in four banks to offer loan against registration money. received only 8,000 applications while only 75,000 forms were sold till August 8, Results will be declared in first week of November.

  • DDA Housing Scheme is almost certain to roll out on 30 June 2017. The scheme has also been linked to the Pradhan Mantri Awas Yojana. Application Brochure available at Rs.200 inclusive of all taxes. Out of the total 12072 flats, most of them in Rohini, Dwarka, Narela, Vasant Kunj and Jasola, 10,000 unoccupied flats were from a 2014 housing scheme. The cost of the flats varies from Rs 7.5 lakh to Rs 1.44 crore. DDA Tied up with 10 banks for application forms loans transaction Axis Bank, Yes Bank, IDBI, Bank of Baroda, Central Bank, SBI, Kotak Mahindra, HDFC, ICICI and Canara Bank.

    Maximum Income of 3 lakh annually to get subsidy on Interest Rates under Pradhanmantri Awas Yojna if they are applying for houses under EWS category. Alongwith this Applicant should not have a concrete house in Delhi.

    Previous Update as on 22 May 2017: Heavy fine for returning DDA flats 2017 Delhi Development Authority (DDA) has decided to levy a penalty, ranging from 25-100% of the earnest money, to ensure only serious buyers apply for its new housing scheme that is likely to be announced in mid-June. All formalities done, final approval from lieutenant governor for auction of 13,000 flats expected by the end of the month.

    Forms will be available at select branches of these banks in Delhi only. Sources in DDA said that 99 branches of Bank of Baroda, 48 of Yes Bank, 118 of Axis Bank, 84 of IDBI bank , 50 of Kotak Mahindra Bank , 29 of State Bank of India, 28 of Central Bank of India and 6 of HDFC will be on board.

    Registration fee for Middle Income Group (MIG) and Higher Income Group (HIG) flats Rs. 2 lakh

    Here s Major Details of DDA Housing Scheme August 2017:

    • Click here for DDA Scheme Application Form Download
    • Last Date for Submit Application Forms download 11 September 2017
    • For More Information or Procedure of Draw Results
    • Application brochure/Form can be collected from the branches of the following Banks . Also Brochure/Form can be downloaded from the websites of Below mentioned Banks. Applicants can also apply online through the websites of these banks. List of Banks where you can submit Application Form are Axis Bank, HDFC Bank, Kotak Mahindra Bank, SBI, IDBI Bank, ICICI Bank, Yes Bank, and Central Bank of India. You can apply in any branch of these banks.
    • Applicant must not own any residential flat or plot in Delhi, in their own name or in the name of their spouse or children
    • One person can submit only one application | Both Husband and wife can apply but if both are successful, only one can retain the flat. | Any Citizen of India who is at least 18 years old at the time of filling application.
    • Registration Fee: Rs.2 Lac for general, Rs.100000 for EWS, (Submitted at the time of Application form submission)
    • Documents Required Aadhaar Card Number (Not Mandatory), Pan Card is Mandatory

    DDA Important News August 2017

    And a toll free number is available for guiding the applicants. Applicant can dial Toll Free Number: 1800-110332.

    Price/Cost of Flats DDA Housing Scheme 2017:

    Price Range, Area and Location of Flats:

    DDA Housing Scheme FAQs

    How much does the brochure cost? Cost of the brochure for last scheme was Rs 150. If you download it online, you will have to pay the amount at the time of submission.

    How can my bank help? You can apply at the banks that tie up with DDA. 13 banks had tied up last time.

    Do I need ID proof? All you need is a photocopy of your PAN card.

    Am I eligible? Any Indian citizen, 18 years of age and above can apply. However, you are not eligible to apply if you already own a flat or plot in your or your spouse/child’s name in Delhi.

    How many times can I apply? A person can only apply once each year.

    If I’m applying can my husband/wife also apply? Yes, both of you can apply separately. However, if both of you are allotted flats, only one can be retained.

    For Apply Online for DDA HOUSING SCHEME 2017,Please Visit on following Banks links and Helpline Numbers with contact person,E mail ID as below:

    Central Bank of India https://dda.payu.in/ddacbi

    State Bank of India https://dda.payu.in/ddasbi

    Axis Bank- http://axis.formzero.in/

    HDFC Bank http://www.hdfcbank.com/htdocs/common/dda-housing-scheme/index.htm

    IDBI Bank http://idbi.formzero.in/

    Yes Bank https://dda.payu.in/ddayes

    Kotak Mahindra Bank https://dda.payu.in/ddakotak

    ICICI Bank http://icici.formzero.in/

    Delhi Development Authority May Bring Next Housing Scheme Completely Online

    From application to refund , the Delhi Development Authority (DDA) is mulling making its next housing scheme a completely online affair to reduce the long queues of flat aspirants at its headquarters.As per recent reports, about 11,000 flats are to be offered under Housing Scheme 2016. The flagship Housing Scheme 2014 offered 25,040 flats across categories, with prices ranging between Rs. 7 lakh and Rs. 1.2 crore.

    News About DDA Housing Scheme:

    Shell out Rs. 5 lakh to apply for DDA housing scheme

    Do you wish to land a two bedroom, or bigger, flat in Delhi Development Authority’s (DDA) upcoming housing scheme? Be prepared to arrange Rs. 5 lakh to just apply for the housing scheme.

    The DDA wants to hike the fee to deter non-serious applicants and speculators from applying.

    “With the cost of MIG and HIG flats being upwards of Rs. 50 lakh, DDA are going to keep the registration fee at 10 per cent of that amount,”.

    During the 2014 scheme, when the registration fee was Rs. 1 lakh, most banks had financed the amount for applicants for a charge of average Rs. 5,000.

    However, if the registration fee goes up, the charges will also be hiked proportionately and could go up to Rs. 25,000.

    DDA starts inspecting housing scheme flats it will offer this season. The examination will be done by six teams of engineers. The land owning agency will be offering around 13,000 flats under its housing scheme, of which 350 are two-room Middle Income Group flats, while about 11,000 are either one-bedroom Lower Income Group Flats flats or Janta flats.

    12,000 flats on offer under new DDA scheme will launched on 30 june 2017: News Date 28 june 2017

    The Delhi Development Authority will launch its much-awaited housing scheme on June 30. Close to 12,000-plus flats -a majority of which were returned by allottees of a 2014 housing scheme — will be up for sale.

    Previous Update as on 16 Mar 2017: Due to some issues, DDA Housing scheme again delayed till May 2017. Hope this time its launched in April. DDA Flat scheme continuously delayed from last 6 months.

    Latest Update as on 28 Jan 2017: DDA flats 2017 : Now customers can inspect rejected houses before buying in Delhi. 350 are two-room middle income group (MIG) flats. The remaining are either lower income group flats (LIG) flats or Janta flats.

    Previous Update as on 20 Jan 2017: DDA housing scheme likely to be launched next month (June, 2017). There are mainly one-bedroom LIG flats from the last housing scheme. The new scheme should be out sometime in February. Out of the total number of flats, most of them are in Rohini, Dwarka, Narela, Vasant Kunj and Jasola.


  • Andera – Online Account Opening, Online Loan Application, Mobile Account Opening, online loan application.#Online #loan #application


    We make account opening awesome.

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    Make employees’ jobs easier. Help them ditch application paperwork and things that bog them down so they can focus on what really matters.

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    A story about making online account opening and loan applications a lot easier and making lives a little more awesome.

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    Get a look at some of the highlights of oFlows in this quick overview video. (2 min)

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    Read our report to understand the evolution of account opening from the branch to the mobile device and get predictions.

    Trusted by 500+ Banks Credit Unions

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    “Members who join online are 49 percent more profitable than those who enroll through traditional means. They maintain a higher loan-to-share ratio of 467 percent versus the 120 percent of traditional enrollees.”

    Chief Information Officer, Randolph Brooks Federal Credit Union

    “The best way to differentiate ourselves is through superior customer service. Our choice of Andera enables us to do that, and by eliminating paper from the account opening process, it saves both time for our staff and customers and money for the bank.”

    President and CEO, Bank of Zachary

    “We chose Andera because of its adaptability and underlying authentication capabilities. It is just what we were looking for to enable online account opening. The capabilities of oFlows transform a website into a branch location.”

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    Private Student Loans, FinAid, Loans, student loan application.#Student #loan #application


    Private Student Loans

    Private student loan volume grows when federal student loan limits remain stagnant.

    Private student loan volume grew much more rapidly than federal student loan volume through mid-2008, in part because aggregate loan limits on the Stafford loan remained unchanged from 1992 to 2008. (The introduction of the Grad PLUS loan on July 1, 2006 and the increases in the annual but not aggregate limits had only a modest impact on the growth of private student loan volume. The subprime mortgage credit crisis of 2007-2010, however, limited lender access to the capital needed to make new loans, reining in growth of the private student loan marketplace.) The annual increase in private student loan volume was about 25% to 35% per year, compared with 8% per year for federal loan volume.

    In addition to these lists of private student loan programs, there are several web sites that provide tools for comparing private student loans. These tools can help you identify the loans that match your criteria. These student loan comparison sites include Credible and other student loan comparison sites.

    Then the Ensuring Continued Access to Student Loans Act of 2008 increased the annual and aggregate loan limits on the federal Stafford loan starting July 1, 2008. This shifted significant loan volume from private student loan programs to federal. Private student loan volume dropped in half in 2008-09, according to the College Board’s Trends in Student Aid 2009.

    Private student loan volume is expected to return to the 25% annual growth rate unless there is another increase in federal loan limits or an expansion of the availability of federal student loans. For example, the proposal for expanding Perkins loan funding from $1 billion a year to $8.5 billion a year will cause a significant decline in private student loan volume. But so long as federal loan limits do not increase every year, private student loan volume will continue to grow at double-digit rates.

    If current trends continue, annual private education loan volume will surpass federal student loan volume by around 2030. Accordingly, it is important that students have tools they can use to compare different private student loans.

    As a general rule, students should only consider obtaining a private education loan if they have maxed out the Federal Stafford Loan. They should also file the Free Application for Federal Student Aid (FAFSA), which may qualify them for grants, work-study and other forms of student aid. Undergraduate students should also compare costs with the Federal PLUS Loan, as the PLUS loan is usually much less expensive and has better repayment terms.

    The fees charged by some lenders can significantly increase the cost of the loan. A loan with a relatively low interest rate but high fees can ultimately cost more than a loan with a somewhat higher interest rate and no fees. (The lenders that do not charge fees often roll the difference into the interest rate.) A good rule of thumb is that 3% to 4% in fees is about the same as a 1% higher interest rate.

    Be wary of comparing loans with different repayment terms according to APR, as a longer loan term reduces the APR despite increasing the total amount of interest paid. FinAid’s Loan Analyzer Calculator may be used to generate an apples-to-apples comparison of different loan programs.

    The best private student loans will have interest rates of LIBOR + 2.0% or PRIME – 0.50% with no fees. Such loans will be competitive with the Federal PLUS Loan. Unfortunately, these rates often will be available only to borrowers with great credit who also have a creditworthy cosigner. It is unclear how many borrowers qualify for the best rates, although the top credit tier typically encompasses about 20% of borrowers.

    Generally, borrowers should prefer loans that are pegged to the LIBOR index over loans that are pegged to the Prime Lending Rate, all else being equal, as the spread between the Prime Lending Rate and LIBOR has been increasing over time. Over the long term a loan with interest rates based on LIBOR will be less expensive than a loan based on the Prime Lending Rate. About half of lenders peg their private student loans to the LIBOR index and about 2/5 to the Prime lending rate.

    Some lenders use the LIBOR rate because it reflects their cost of capital. Other lenders use the Prime Lending Rate because PRIME + 0.0% sounds better to consumers than LIBOR + 2.80% even when the rates are the same.

    It is not uncommon for lenders to advertise a lower rate for the in-school and grace period, with a higher rate in effect when the loan enters repayment.

    Federal student loans are not available for expenses incurred by law, medical and dental students after they graduate, such as expenses associated with study for the bar or finding a residency. There are two types of private student loans for these expenses:

    • A Bar Study Loan helps finance bar exam costs such as bar review course fees, bar exam fees, as well as living expenses while you are studying for the bar.
    • A Residency and Relocation Loan helps medical and dental students with the expenses associated with finding a residency, including interview travel expenses and relocation costs, as well as board exam expenses.

    Comparing Private Student Loans

    Key information to understand student loans includes being aware of the annual and cumulative loan limits, interest rates, fees, and loan term for the most popular private student loan programs. Often the interest rates, fees and loan limits depend on the credit history of the borrower and co-signer, if any, and on loan options chosen by the borrower such as in-school deferment and repayment schedule. Loan term often depends on the total amount of debt.

    Most lenders that require school certification (approval) will cap the annual loan amount at cost of education less aid received (COA-Aid). They may also have an annual dollar limit as well.

    Lenders rarely give complete details of the terms of the private student loan until after the student submits an application, in part because this helps prevent comparisons based on cost. For example, many lenders will only advertise the lowest interest rate they charge (for good credit borrowers). Borrowers with bad credit can expect interest rates that are as much as 6% higher, loan fees that are as much as 9% higher, and loan limits that are two-thirds lower than the advertised figures.

    The APRs for variable rate loans, if listed, are only the current APRs and are likely to change over the term of the loan. Borrowers should be careful about comparing loans based on the APR, as the APR may be calculated under different assumptions, such as a different number of years in repayment. All else being equal, a longer repayment term will have a lower APR even though the borrower will pay more in interest.

    The information presented below is based on lender provided information. Actual rates and fees may differ.


    PMMY Pradhan Mantri Mudra Bank Loan Scheme – Application Form, Apply, Interest Rates – Download pdf, loan application form.#Loan #application #form


    Mudra Bank Loan Scheme Application Form|Apply|Interest Rates

    MUDRA LOAN Pradhan Mantri Mudra Loan Scheme Pradhan Mantri Mudra Yojana 2017 Mudra Loan Scheme | Steps to Apply for P MMY

    Small business units require proper financial support to grow. Indian Government understands this and that is the reason why Government has come up with Pradhan Mantri Mudra Yojana. This scheme will provide financial assistance to small businessmen who want to grow their business. The financial support will be given via loan. In this article, we will explain everything related to Mudra Loan. All the questions like What is Mudra Loan Scheme ? How to Apply for Mudra Loan ? What is the eligibility ? etc. will be answered here.

    Mudra Yojana (PMMY) Pradhan Mantri Mudra Loan Scheme

    There are numerous small businessmen in the country who have potential, who have ideas but they lack financial support. In order to help such small business units, Indian Government has come forward. With the help of Mudra Bank, our PM has launched a scheme called Mudra Yojana. Some call it Mudra Bank Yojana while others also refer to it as Mudra Loan Yojana. It doesn t really matter by what name you know it. Under this scheme Loans will be given to eligible applicants.

    To run smoothly, all businesses should be financially strong. Established businessmen manage all the financial issues by themselves. However, the start ups or entrepreneurs need help. If the help comes from the government, that is a good thing. Indian Government has come up with a Loan scheme that has been named as Pradhan Mantri Mudra Yojana (PMMY) . It is also being known as Mudra Loan

    Knowing about the Mudra Loan process is important if you are interested. Other important factors include Type of Loans, Interest rates being offered and How to Apply. Well, this particular article, addresses the same issues and helps the people in finding out complete information regarding the Mudra Loan. We have attached the official documents also, you are advised to take a look at them.

    Loan application formThis Article of Pradhan Mantri Mudra Bank Loan Yojana will be a like a Handbook for all those who are seeking for details. After reading the giving information you will come to know all about the Mudra Bank Scheme. Let s get started and find everything about the scheme.

    Mudra Bank Loan Scheme Details | Process

    There are many small organizations, companies and start ups, Entrepreneurs in India. All these are collectively known as Micro Units. It has been observed that these Micro Units lack Financial Support. If Financial support is given they can grow and be much better than they are currently.

    MUDRA, Full form Micro units Development and Refinance Agency Ltd. is an institution that has been set up by Indian Government in the leadership of PM Sh. Narendra Modi. MUDRA Bank has been set up with only one goal in mind Fulfilling all the Funding needs of Non Corporate Small Businesses.

    • Preparing and Launching the Policy Guidelines
    • Registration and Regulation of MFI Entities.

    Note MFI Stands for Micro Finance Institution

    • Running a Credit Guarantee Scheme
    • Creating a Good Architecture for serving Micro business by Providing them Loan (Financial Assistance)

    Pradhan Mantri Mudra Yojana Loan Scheme

    A special scheme has been launched and named as Pradhan Mantri Mudra Yojana (PMMY). All the required responsibilities and functioning of Mudra Bank will be done under this scheme.

    The big question that now arises in the mind of people is that What is the eligibility criteria to be part of Mudra Bank Loan Scheme and What is the procedure of Loan Application . Other important things are the interest rate Application forms. But before going to that it is extremely important to Know the Category of your Business

    Mudra Bank Scheme Shishu, Kishor Tarun Loan Categories

    Micro units or small business had to be categorized to signify the growth stage, Development and Funding requirements. Three categories were created for this purpose Namely Shishu(Child Category) , Kishor Category and Tarun Category .

    To find out in which category your business falls, here is the explanation of each category

    Shishu Loan As the name suggests, this category is for the Start ups. All those businesses that have been just started and looking for Loan will fall in this category. A loan Cover of Rs. 50,000 will be given to all micro units falling in this Category. Interest Rate for Shishu Category is in the range of 10 to 12 %

    Kishor Loan This one is for those who have started their business but it has be established yet. A loan cover from Rs. 50,000 to 5 Lakhs will be given to units falling into this category. Interest rate in Kishor category is in the range 14 to 17% percent

    Tarun Loan All small business which have been set up and established will fall into this category. There may be some financial requirements for the betterment of business. That s why all small business or units falling into this category will be eligible for a Loan Cover of upto Rs. 10 Lakh. Interest rate in the Tarun category starts from 16 %

    Required Documents for MUDRA Bank Loan Scheme

    • Self Attested Identity Proof
    • Self Attested Address Proof
    • Passport Size Photographs
    • In case you have purchased machinery or item, you have to provide Supplier s Name, Machinery Details and Machinery Price
    • You company Address and ID Proof
    • Business Registration Certificate etc.

    Eligibility Criteria for Participating Banks and Financial Companies

    Scheduled Commercial Banks

    All scheduled commercial Banks in public and private sector with 3 years of continuous profit track record, net NPAs not exceeding 3%, minimum net worth of Rs.100 cr. and not less than 9% CRAR are eligible to Lend Loan

    All restructured RRBs having net NPA within 3% ( relaxable in deserving cases), having profitable operations and notcarrying any accumulated losses and CRAR 9% are eligible under Pradhan Mantri Mudra Scheme.

    MFI, Small Business companies are also eligible if they fulfill the requirement

    Apply for Mudra Bank Loan Scheme(PMMY) Application Form Download Other Details

    Here is the step by step information regarding applying to the Mudra Bank Loan Yojana for all categories i.e. Shishu, Kishor and Tarun.

    Note You must prepare a business idea before applying. You have to present your business idea along with application form.

    • First of all the borrower(Who wishes to take loan) under PMMY needs to visit the Private or Commercial bank nearest to his location
    • Present your Business Idea along with the Loan Application (Forms given below)Along with the form you need to provide proof of identity, Proof of Address and recent passport size photographs
    • All formalities as per the bank instructions are to be filled by the Borrower
    • After completion of above Steps, the Loan will be sanctioned and will be made available to the Loan Seeker.

    MUDRA Bank Loan Scheme Helpline

    If you have any doubts, queries regarding the scheme, you can contact the helpline in following ways

    Write an Email to [email protected]

    Loan application formMUDRA LOAN Application Form

    Here is how the form look like

    Loan application form

    Official File Explaining the Process

    Official File regarding the Eligibility Criteria

    For any queries regarding PMMY(PM mudra Yojana or Scheme) , Kindly leave comments below.


    SBI Education Loan – Online loan application for abroad studies, SBI, loan application form.#Loan #application #form


    SBI education loan for abroad studies

    Benefits of SBI education loan for abroad studies over other options

    Loan application form

    Abroad education

    Exclusive loan scheme for study abroad

    Loan application form

    Faster

    Approval in 14 working days

    Loan application form

    Low Interest rates

    9.5% Female, 10% Male

    (after RinnRaksha insurance)

    Loan application form

    Low processing fee

    Fixed fee of INR 10,000 paid directly at SBI branch

    Loan application form

    Online process

    Very few bank visits required, rest online

    Loan application form

    Pre-Approval

    Pre-approval letter before your i20

    Global Ed-vantage loan scheme for overseas education

    Global Ed-vantage scheme of State Bank of India (SBI) offers loan of 20 lacs INR to 1.5 cr INR to study abroad. This overseas education loan is primarily for those who wish to pursue a full-time regular course at a recognised foreign college or University.

    Eligible Courses and Countries:

    Undergraduate (bachelors), Postgraduate (masters) and Doctoral (PhD) degree programs are eligible. Eligible countries include USA, UK, Canada, Australia, Europe, Singapore, Japan, Hong Kong and New Zealand. Other countries will also be considered based on university rank.

    Eligible expenses:

    You may apply for loan for following:

    Admission Fee, Tuition fee, Hostel Fee/Living Expenses, Examination/Lab/Library fee, Purchase of books, Caution Fee, Purchase of computer, Misc. expenses.

    Quantum of Finance:

    From Rs. 20 lacs to upto Rs. 1.5 cr

    Margin:

    SBI can fund 90% of the eligible expenses. The remaining 10% has to be brought in by you on pro-rata basis.

    Scholarships or assistantships can be included in the margin.

    Processing Fee:

    Fixed processing fee of Rs. 10,000 is charged per application.

    Rate of interest:

    Simple Interest will be charged during Course Period + Moratorium Period.

    Collateral Security:

    Two types of securities can be accepted.

    Immovable property: House or a Flat or Land

    Liquid security: Fixed deposit, LIC policy, Bonds, etc.

    Third party collaterals (collaterals not belonging to family) are acceptable as well.

    Repayment and Moratorium period

    Loan can be repaid in upto 15 years.

    Repayment holiday or moratorium period is until 6 months after the course

    Documents required:

    Exact list of documents will be shared with you via email after the online team speaks to you over a call. After which the documents should be submitted at your nearest SBI branch which will be suggested by the online team. Please apply online to start the education loan procedure.

    Discuss with the Education loan team

    Copyright В© 2017 All rights reserved. Logo and Company names are registered trademarks of their respective holders.

    This portal is maintained by WeMakeScholars, an organisation funded & supported by the Ministry of IT, Govt. of India.

    WeMakeScholars is the official Pan-India partner for SBI in the abroad education loan segment.


    Payday Advance Loans Online, Low Interest Fee Payday Loan, online loan application.#Online #loan #application


    No Fee to Apply For Our Payday Advance Loans Online

    Online loan application

    If you’re looking for cash fast, then one of our low cost payday loans can help. Ideal for those occasions where some sort of unexpected or emergency expenditure has cropped up, a short term loan is a great way of paying that unexpected bill or funding an essential repair without ending up making repayments for years at a time. Not only do we offer low fee payday loans, we don’t charge you anything to apply for one. This means that if we can’t help with a low fee cash advance, you’re no worse off then you were before. In the event that your application for low interest payday loans online is successful, we charge one of the lowest fees you’ll find. Our competitive fees of $15 for every $100 of cash you borrow are the only costs you’ll pay, provided you meet our terms and conditions. This means that as long as you meet the repayment requirements as laid down in the agreement, there will be no further fees, administrative charges or service costs. We aim to provide a clear, straight-forward instant payday loans online service that gives all our customers access to rapid cash with no hidden costs. Our fees page tells you more about what to pay when you use our cash advance payday loan service.

    Online loan application

    Fax: (800) 774-2216

    Online loan application

    Minimal Application Requirements

    In order to apply for one of our immediate low fee payday loans, we simply need to know who you are and verify that you have the means to repay your borrowed amount. Because we are a lender rather than a broker, we can decide who we lend to without consulting a third party. This means that we don’t have to undertake credit checks before providing the cash you need. We believe that just because you may have had a few repayment problems in the past, that doesn’t mean you shouldn’t have access to the short term finance you need at the present time. For this reason we don’t undertake full credit checks, so even if you’ve got a poor credit score, provided you can verify who you are and have a large enough amount of cash regularly entering your bank account, we can normally help. You will need to have a direct deposit facility, an established checking account (at least three months old), a net monthly income of $1500 or more and a direct work number should we need further information. If you’ve got all these, then you’re eligible to apply for a cash advance loan online.

    Straight-Forward Application Process for Some of the Best Internet Payday Loans on the Market

    Rather than having to make time consuming trips to the bank, or fill out pages of complex information before waiting a lengthy period for your lender to make a decision, our application process is swift and easy. You can apply at any time for our easy online payday loans in the comfort and privacy of your own home. No paperwork or visits are required. Simply fill in the required information and our decision will be with you almost immediately. We understand that when you only need a small loan amount, multiple pages of information just aren’t necessary. We keep paperwork to the minimum, ensuring your application is as simple and quick as possible.

    Fast Decision and Cash with our Payday Advance Loans Online

    As experienced online cash advance direct lenders, we know that when a domestic emergency strikes, timely access to the money you need is vital. With this in mind, we offer immediate payday loans, with cash frequently being transferred to your bank account within twenty-four hours of application. If you need rapid access to a short term, convenient loan for a few hundred dollars in order to meet some unplanned expense that has come your way, then we’re here to help. Call us at (800) 774-2215 and see how our cash advance loan online can provide a speedy resolution to your current financial difficulties.


    SBI Education Loan – Online loan application for abroad studies, SBI, loan application form.#Loan #application #form


    SBI education loan for abroad studies

    Benefits of SBI education loan for abroad studies over other options

    Loan application form

    Abroad education

    Exclusive loan scheme for study abroad

    Loan application form

    Faster

    Approval in 14 working days

    Loan application form

    Low Interest rates

    9.5% Female, 10% Male

    (after RinnRaksha insurance)

    Loan application form

    Low processing fee

    Fixed fee of INR 10,000 paid directly at SBI branch

    Loan application form

    Online process

    Very few bank visits required, rest online

    Loan application form

    Pre-Approval

    Pre-approval letter before your i20

    Global Ed-vantage loan scheme for overseas education

    Global Ed-vantage scheme of State Bank of India (SBI) offers loan of 20 lacs INR to 1.5 cr INR to study abroad. This overseas education loan is primarily for those who wish to pursue a full-time regular course at a recognised foreign college or University.

    Eligible Courses and Countries:

    Undergraduate (bachelors), Postgraduate (masters) and Doctoral (PhD) degree programs are eligible. Eligible countries include USA, UK, Canada, Australia, Europe, Singapore, Japan, Hong Kong and New Zealand. Other countries will also be considered based on university rank.

    Eligible expenses:

    You may apply for loan for following:

    Admission Fee, Tuition fee, Hostel Fee/Living Expenses, Examination/Lab/Library fee, Purchase of books, Caution Fee, Purchase of computer, Misc. expenses.

    Quantum of Finance:

    From Rs. 20 lacs to upto Rs. 1.5 cr

    Margin:

    SBI can fund 90% of the eligible expenses. The remaining 10% has to be brought in by you on pro-rata basis.

    Scholarships or assistantships can be included in the margin.

    Processing Fee:

    Fixed processing fee of Rs. 10,000 is charged per application.

    Rate of interest:

    Simple Interest will be charged during Course Period + Moratorium Period.

    Collateral Security:

    Two types of securities can be accepted.

    Immovable property: House or a Flat or Land

    Liquid security: Fixed deposit, LIC policy, Bonds, etc.

    Third party collaterals (collaterals not belonging to family) are acceptable as well.

    Repayment and Moratorium period

    Loan can be repaid in upto 15 years.

    Repayment holiday or moratorium period is until 6 months after the course

    Documents required:

    Exact list of documents will be shared with you via email after the online team speaks to you over a call. After which the documents should be submitted at your nearest SBI branch which will be suggested by the online team. Please apply online to start the education loan procedure.

    Discuss with the Education loan team

    Copyright В© 2017 All rights reserved. Logo and Company names are registered trademarks of their respective holders.

    This portal is maintained by WeMakeScholars, an organisation funded & supported by the Ministry of IT, Govt. of India.

    WeMakeScholars is the official Pan-India partner for SBI in the abroad education loan segment.