IDBI Bank offers a MUDRA Loan facility for financing the credit requirements of all non-farm business or professional activities, under the Pradhan Mantri Mudra Yojna (PMMY).


Key Features of IDBI Mudra Loan


IDBI Mudra Loan Features


Individuals or MSMEs engaged in entrepreneurial activities  like manufacturing, trading, service enterprises including professionals  services) across India

Type of Loan

  • Term Loan 
  • Cash Credit

Purpose of Loan

  • Term Loan for meeting  CAPEX including the purchase of equipment/furniture or related activities
  • Credit / Overdraft for meeting Working Capital requirements

Loan Amount

Up to Rs. 10 lakhs

Loan Tenure

  • Term Loan – Up to 5 years
  • Overdraft/CC limit – 12 months repayable on demand


Linked to IDBI Bank’s Base Rate and Rating


No collateral required


No third-party guarantee requirement


  • Nil for loans up to Rs. 50,000
  • 25% for others

Processing Charges

  • Nil for loans up to Rs. 5 lakhs
  • Up to 0.50% for others