PM Mudra Yojana - Home Loan Scheme
The **PM Mudra Yojana** offers affordable home loans to individuals seeking to build, renovate, or extend their homes. Whether you’re planning to purchase a new house or renovate your existing one, the government-backed Mudra Yojana provides easy financing options with **low interest rates** and flexible repayment terms.
Eligibility Criteria for Home Loans
To qualify for a **Mudra Home Loan**, applicants must meet the following eligibility criteria:
- Indian citizenship
- Minimum age of 21 years and maximum age of 65 years
- Stable income (whether salaried or self-employed)
- Good credit score
- Property documents for the home to be purchased or renovated
Features of PM Mudra Home Loans
- **Loan Amount**: Up to ₹10 Lakhs
- **Interest Rates**: Starting from 7.5% p.a.
- **No Collateral**: No need to provide security for the loan.
- **Loan Tenure**: Flexible repayment options ranging from 5 to 20 years.
- **Quick Disbursal**: Get your home loan approved in just a few days.
Application Process
Applying for a home loan under **PM Mudra Yojana** is quick and easy. Follow these simple steps:
- Fill in the application form online.
- Submit identity proof, address proof, income proof, and property documents.
- Once your documents are verified, your loan will be approved and disbursed to your account.
Apply for a Home Loan Now
Looking to build your dream home or renovate your current one? Apply for a **Mudra Home Loan** today to enjoy quick approval and flexible repayment terms!