HDFC Bank Mudra Loan: Eligibility, Status and Apply Guide (2026)
Reviewed by: WeCredit Research Team
Last updated: September 10, 2026
HDFC Bank Mudra loan is the bank’s lending route under Pradhan Mantri MUDRA Yojana (PMMY). It helps eligible non-farm micro and small businesses get collateral-free institutional credit for manufacturing, trading or services, subject to bank checks.
Quick answer: HDFC Bank offers Mudra loans under Shishu, Kishor, Tarun and Tarun Plus. Standard PMMY tickets run up to Rs. 10 lakh, while Tarun Plus can go above Rs. 10 lakh and up to Rs. 20 lakh for borrowers who have successfully repaid a previous Tarun loan. Final approval depends on HDFC Bank’s documentation and verification.
HDFC Bank Mudra Loan Categories
| Category | Loan amount | Who it is for |
|---|---|---|
| Shishu | Up to Rs. 50,000 | New or very small businesses needing basic working capital |
| Kishor | Above Rs. 50,000 and up to Rs. 5 lakh | Existing micro businesses needing inventory, tools or early expansion |
| Tarun | Above Rs. 5 lakh and up to Rs. 10 lakh | Established micro businesses planning growth |
| Tarun Plus | Above Rs. 10 lakh and up to Rs. 20 lakh | Borrowers who have availed and successfully repaid a previous Tarun loan |
HDFC Bank Mudra Loan Eligibility
As per HDFC Bank’s PMMY guidance, Mudra loans are designed for non-farm enterprises in manufacturing, trading and services.
- The business should have a clear income-generating purpose.
- Common eligible profiles include small manufacturing units, shopkeepers, traders and service businesses.
- HDFC Bank may check KYC, bank statements, business continuity, income documents and repayment capacity.
- Tarun Plus is only for entrepreneurs who have successfully repaid a previous Tarun category loan.
- Approvals remain at the sole discretion of HDFC Bank and are subject to documentation and verification.
Documents Required for HDFC Bank Mudra Loan
HDFC Bank’s PMMY pages list the usual starting set of documents. Exact requirements can change by loan amount and business type.
- Completed Mudra loan application form
- Valid photo identity proof
- Current address proof
- Latest income documents or ITR
- Last 6 months’ bank statement
- Ownership proof of residence or office
- Proof of continuity of business
- Trade references
- Proof of successful Tarun repayment, if applying under Tarun Plus
Interest Rate, Fees and Repayment
HDFC Bank does not publish one fixed Mudra interest rate for all borrowers. Pricing follows the bank’s product guidelines and your credit and business profile.
- Ask for the interest rate, processing fee, penal charges and total repayment amount before accepting the loan.
- Confirm whether the facility is a term loan, working capital loan or another eligible structure.
- Match the EMI or repayment cycle with your business cash flow.
- Do not rely on unofficial agents who promise guaranteed approval or fixed low rates.
How to Apply for HDFC Bank Mudra Loan
- Review HDFC Bank’s PMMY details on the official HDFC Bank Mudra page and its government loan schemes page.
- Choose Shishu, Kishor, Tarun or Tarun Plus based on your funding need and eligibility.
- Prepare KYC, bank statements, income proof, business continuity proof and trade references.
- Apply at an HDFC Bank branch, through your relationship manager, or via JanSamarth where the scheme route is available.
- Complete verification and document checks as requested by the bank.
- Read the sanction letter for rate, fees, tenure and repayment conditions before acceptance.
How to Check HDFC Bank Mudra Loan Status
Track your application only through official HDFC Bank channels or the JanSamarth dashboard if you applied there. Use the acknowledgment number, registered mobile number or branch reference shared during application. Avoid third-party status pages that ask for payment or OTP outside bank flows.
Useful Related Guides
- Mudra Loan Eligibility and Documents
- SBI Mudra Loan
- Canara Bank Mudra Loan
- How to Track Mudra Loan Application Status
- How to Apply for MSME and SME Loan Schemes Online
Official Sources
- HDFC Bank – PM Mudra Yojana
- HDFC Bank – Government Loan Schemes
- Department of Financial Services – PMMY
- JanSamarth
Conclusion
HDFC Bank Mudra loan can be a useful PMMY route for eligible micro businesses. Confirm current eligibility, keep the document set ready, apply through official bank or JanSamarth channels, and verify interest, fees and repayment terms before you accept the offer.
Frequently Asked Questions
What is the maximum HDFC Bank Mudra loan amount?
Standard PMMY categories cover loans up to Rs. 10 lakh. Tarun Plus can cover above Rs. 10 lakh and up to Rs. 20 lakh for borrowers who have successfully repaid a previous Tarun loan, subject to bank approval.
Is HDFC Bank Mudra loan collateral-free?
Yes, Mudra loans under PMMY are designed as collateral-free credit. The bank still verifies documents, business purpose and repayment capacity before sanction.
How can I apply for HDFC Bank Mudra loan?
You can apply at an HDFC Bank branch or through JanSamarth where the scheme route is available. Keep KYC, bank statements, income proof and business continuity documents ready.
Does HDFC Bank publish a fixed Mudra interest rate?
No. Interest and fees follow HDFC Bank product guidelines and your profile. Confirm the exact rate and charges in the sanction letter.
