Union Bank of India Mudra Loan 2026 PMMY Scheme
यूनियन बैंक ऑफ इंडिया मुद्रा लोन – Shishu Mudra Loan ₹50,000 से ₹20 लाख तक | ऑनलाइन आवेदन करें
Online Apply ₹50,000
Shishu Mudra Loan
STP Process
Union Bank of India Mudra Loan 2026 – Application Started! Apply online for Shishu Mudra Loan ₹50,000 to ₹20 lakh. No collateral required. Digital process with eKYC.
🏦 Union Bank of India Mudra Loan – Complete Overview
Union Bank of India (UBI) offers Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) to support micro and small enterprises. The bank provides collateral-free loans up to ₹20 lakh with competitive interest rates. You can apply for Shishu Mudra Loan ₹50,000 completely online without any branch visit.
Key Highlight: Union Bank offers Shishu Mudra loan 50,000 at just 8.75% interest rate with zero processing fee. The entire process is digital through Union Bank Mobile App.
📊 Union Bank Mudra Loan Categories – Shishu, Kishore, Tarun
Shishu Mudra Loan
₹0 – ₹50,000
For new businesses & startups
Interest: 8.75% – 9.50%
Kishore Mudra Loan
₹50,001 – ₹5,00,000
For established businesses
Interest: 9.25% – 10.00%
Tarun Mudra Loan
₹5,00,001 – ₹20,00,000
For business expansion
Interest: 9.75% – 10.50%
👶 Shishu Mudra Loan 50,000 – Complete Details
Shishu Mudra Loan 50,000 is the most popular loan under PMMY for small businesses. Here are the complete details:
- Loan Amount: ₹50,000
- Interest Rate: 8.75% per annum (Union Bank of India)
- Processing Fee: Zero (Nil)
- Collateral: Not required
- Repayment Tenure: 3 to 5 years (36-60 months)
- EMI (3 years): Approximately ₹1,585 per month
- Documents: Only Aadhaar Card + Self Declaration
✅ Shishu Mudra Loan is ideal for street vendors, home-based businesses, artisans, tailors, and small shopkeepers.
📱 Union Bank e Mudra Loan 50000 Apply Online Login – Step by Step
Union Bank e Mudra loan 50000 apply online login is a simple digital process. Follow these steps to apply:
1
Download Union Bank App
Install “Union Bank of India Mobile Banking” from Play Store
2
Login to Mobile Banking
Use your User ID and Password
3
Go to Loans Section
Click on “Loans” → “Mudra Loan (PMMY)”
4
Select Shishu Category
Choose loan amount ₹50,000
5
Fill Application Form
Enter personal & business details
6
Upload Documents
Aadhaar, PAN, Business proof
7
eKYC via Aadhaar OTP
Complete verification and submit
8
Track Application
Loan sanctioned in 7-10 days
Union Bank of India Mudra Loan online apply can also be done through the official website: https://www.unionbankofindia.co.in
⚡ Union Bank Mudra STP – Straight Through Processing
Union Bank Mudra STP (Straight Through Processing) is an automated, paperless loan processing system for Mudra loans. Under STP, eligible customers get instant in-principle approval without manual intervention.
Instant Approval
Get in-principle approval within minutes
No Physical Documents
Completely paperless process
48 Hours Disbursal
Loan credited within 48 hours after approval
100% Digital
Apply from anywhere using mobile app
💡 Eligibility for Union Bank Mudra STP: Existing Union Bank customers with a good credit history and a running current/savings account.
📋 Union Bank Mudra Loan Application Form – How to Fill
You can obtain the Union Bank Mudra loan application form from:
- Union Bank official website – Download PDF
- Any Union Bank of India branch
- Union Bank Mobile Banking App (Online Form)
Application Form Required Fields:
- Section A: Personal Details – Name, DOB, Aadhaar, PAN, Mobile Number
- Section B: Business Details – Business Type, Address, Years in Operation
- Section C: Loan Details – Amount (₹50,000 for Shishu), Purpose, Tenure
- Section D: Bank Account Details – Union Bank Account Number (if existing)
- Section E: Declaration and Signature (Digital or Physical)
📈 Kishore Mudra Loan Union Bank of India – Complete Details
Kishore Mudra Loan Union Bank of India is designed for established businesses that need capital for growth. Key features:
Loan Amount
₹50,001 – ₹5,00,000
Interest Rate
9.25% – 10.00% p.a.
✅ Eligibility for Kishore Loan: Must have an existing business with at least 6 months of operations and bank statement.
🧮 Union Bank Mudra Loan EMI Calculator
Use this EMI calculator to calculate your monthly EMI for Shishu, Kishore, or Tarun Mudra Loan.
Total Interest Payable₹0
Total Payment₹0
Principal Amount₹0
📊 Union Bank of India Mudra Loan Interest Rate Chart 2026
| Category | Loan Amount | Interest Rate (p.a.) | Processing Fee |
|---|
| Shishu | Upto ₹50,000 | 8.75% – 9.50% | Nil |
| Kishore | ₹50,001 – ₹5,00,000 | 9.25% – 10.00% | Nil |
| Tarun | ₹5,00,001 – ₹20,00,000 | 9.75% – 10.50% | Up to 0.50% |
💡 Women entrepreneurs get 0.25% concession on interest rates across all categories.
📄 Union Bank of India MUDRA Loan Documents – Complete Checklist
Documents required for Union Bank of India MUDRA loan documents submission:
Aadhaar Card
PAN Card
Passport size photograph
Business proof (GST / Shop Act / Self Declaration)
6 months bank statement
Address proof (Electricity bill / Rent agreement)
Caste certificate (for SC/ST/OBC benefits)
✅ Shishu Mudra Loan (₹50,000): Only Aadhaar Card and self-declaration of business are sufficient. No GST or Shop Act required.
✅ Union Bank Mudra Loan Eligibility Criteria
Indian Citizen
Minimum 18 years of age
Small Business Owner
Shopkeepers, artisans, manufacturers
Service Providers
Transporters, electricians, mechanics
Food Vendors
Canteen owners, street vendors
🏦 How to Apply for Union Bank Mudra Loan Offline
1
Visit Nearest Union Bank Branch
2
Meet Loan Officer / Manager
3
Fill Mudra Loan Application Form
4
Submit Documents & Track
🔗 Official Links – Union Bank of India Mudra Loan
❓ Frequently Asked Questions (FAQs)
Q1: What is Shishu Mudra Loan 50,000 in Union Bank?
A: Shishu Mudra Loan ₹50,000 is a collateral-free loan for new businesses at 8.75% interest rate with zero processing fee.
Q2: How to do Union Bank of India Mudra Loan online apply?
A: Download Union Bank Mobile App → Login → Loans → Mudra Loan → Fill form → Upload documents → eKYC → Submit.
Q3: What is Union Bank Mudra STP?
A: Union Bank Mudra STP (Straight Through Processing) is an automated, paperless loan processing system with instant approval for eligible customers.
Q4: What is Kishore Mudra Loan Union Bank of India?
A: Kishore Mudra Loan is for loans between ₹50,001 and ₹5,00,000 with interest rates starting from 9.25% p.a.
Q5: Where can I get Union Bank Mudra loan application form?
A: Download from Union Bank website or collect from any branch. Online application is also available through mobile app.
Q6: What documents are needed for Shishu Mudra Loan?
A: Only Aadhaar Card and self-declaration of business. No GST or Shop Act required.
Q7: How much EMI for Union Bank e Mudra loan 50000?
A: For ₹50,000 at 8.75% for 3 years, EMI is approximately ₹1,585 per month.
Q8: Is there any processing fee for Union Bank Mudra Loan?
A: No processing fee for Shishu and Kishore categories. Tarun category may have up to 0.50% fee.
