PM MUDRA Yojana — Kishor Category (₹50K–₹5L)

Kishor MUDRA Loan Project Report — Ready in 60 Seconds

Complete project report for Kishor MUDRA Loan (₹50,000 to ₹5 lakh). AI-generated with CMA data, DSCR calculation, and repayment schedule. Accepted by SBI, PNB, Bank of Baroda, Canara Bank, and all MUDRA member banks.

किशोर मुद्रा लोन — ₹50,000 से ₹5 लाख | प्रोजेक्ट रिपोर्ट तैयार करें

No credit card • 1 free report • Ready in 60 seconds

About This Scheme

Kishor MUDRA Loan is the second tier of PM Mudra Yojana, providing loans from ₹50,001 to ₹5 lakh to micro and small enterprises. Unlike Shishu loans (up to ₹50K) which often need minimal paperwork, Kishor loans require a proper project report or business plan as banks need to assess repayment capacity. The loan is collateral-free, interest rates range from 9.5% to 14%, and tenure is typically 3–5 years. A well-prepared project report with realistic financial projections is the key differentiator in getting Kishor MUDRA sanctioned quickly — especially from PSBs where competition for limited funds is high.

₹50K – ₹5L
Loan Range
9.5% – 14%
Interest Rate
3 – 5 years
Tenure
Not Required
Collateral

What Your Report Includes

Every report is formatted to the exact standards required by Indian banks and government departments.

  • Executive Summary with scheme-specific highlights
  • Promoter profile & KYC details
  • Business description & market analysis
  • Machinery & equipment list with quotations
  • Raw material & manpower planning
  • 5-year financial projections (P&L, Balance Sheet, Cash Flow)
  • CMA Data in IBA-approved format
  • Working Capital Assessment — Tandon Method II (RBI norms)
  • Loan repayment schedule with DSCR ≥ 1.25
  • SWOT analysis
  • Declarations & undertakings as per scheme guidelines

Eligibility Checklist

  • Indian citizen aged 18–65 years running a non-farm micro/small enterprise
  • Business can be new or existing (both are eligible for Kishor MUDRA)
  • Manufacturing, trading, or service sector — all eligible
  • No specific education qualification required — income/experience assessed
  • CIBIL score not strictly mandatory but a clean credit history strengthens the application
  • Aadhaar, PAN, and basic business KYC documents required
  • Cannot be classified as an agricultural enterprise (farm activities not covered)
Export formats
PDF (A4)
Free: branded/watermarked
Word (.docx)
Paid plans
Excel (.xlsx)
Paid plans

Generate Your Report in 4 Steps

1

Register Free

Create your account in 30 seconds — no credit card needed.

2

Fill the Form

Enter applicant details, select the scheme, set your loan amount.

3

AI Generates Report

Our AI drafts the full report with financials, projections, and CMA data in under 60 seconds.

4

Download & Submit

Export PDF on the free plan (branded). Upgrade for clean exports plus Word (.docx) + Excel (.xlsx). Submit to bank or DIC office.

Why Use Cred for This Report?

Kishor-specific project format: concise but complete — covers what PSB loan officers look for at this ticket size

Revenue and cost projections calibrated to ₹50K–₹5L loan size — not over-engineered, not under-documented

DSCR calculation ensures ≥ 1.25 — the single most checked metric by MUDRA banks at Kishor level

CMA data in IBA-approved format — most PSBs require this even for Kishor loans above ₹2L

Working capital assessment via Tandon Method II — demonstrates understanding of business cash flow

Supports all business types: kirana, transport, tailoring, mobile repair, food stall, beauty parlour, and more

Export to Word — modify in minutes to personalise for your specific business before submission

5,000+ Reports
Generated
85%+ Acceptance
By banks
60 Seconds
To generate
30 Days
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Frequently Asked Questions

Is a project report required for Kishor MUDRA Loan?

For Kishor loans above ₹2 lakh, most PSBs (SBI, PNB, Bank of Baroda, Canara Bank) require a proper project report or business plan. For loans between ₹50K–₹2L, a simple business description may suffice at some banks, but a full project report always strengthens the application and speeds up approval. Private banks and MFIs may have simpler requirements for smaller Kishor loans.

What is the difference between Shishu, Kishor, and Tarun MUDRA?

Shishu: up to ₹50,000 — for very small businesses or initial setup; minimal documentation. Kishor: ₹50,001 to ₹5 lakh — for businesses needing working capital or small equipment; project report recommended/required above ₹2L. Tarun: ₹5 lakh to ₹10 lakh — for expanding businesses; project report with CMA data and financial projections mandatory at all PSBs.

Which bank is best for Kishor MUDRA Loan?

SBI (through e-Mudra portal or branch), Canara Bank, Bank of Baroda, PNB, and Union Bank are top choices for Kishor MUDRA from PSBs. UCO Bank, Indian Overseas Bank, and regional rural banks are also MUDRA members. Microfinance institutions (Bandhan Bank, Ujjivan, Equitas) process Kishor loans faster with fewer documents but at slightly higher rates.

How long does it take to get Kishor MUDRA approved?

SBI's e-Mudra portal approves loans up to ₹1 lakh in 59 minutes for eligible customers. For branch applications above ₹2L, processing takes 7–21 days with complete documents. The biggest delay is usually incomplete project report or missing CMA data — which is why having a professionally prepared report shortens turnaround significantly.

What is the EMI for a ₹5 lakh Kishor MUDRA Loan?

At 10.5% interest rate for 5 years: monthly EMI ≈ ₹10,748. At 12% for 5 years: EMI ≈ ₹11,122. At 10.5% for 3 years: EMI ≈ ₹16,249. The project report must show net monthly surplus above the EMI to achieve DSCR ≥ 1.25. Example: if EMI is ₹11,000/month, monthly net profit should be at least ₹13,750.

Can I get a Kishor MUDRA Loan for a new business?

Yes, Kishor MUDRA covers both new and existing businesses. For new businesses, the project report is especially important as the bank cannot rely on historical performance. The report must demonstrate realistic demand estimates, cost assumptions, and show how the loan will generate returns within the repayment period. Banks typically prefer new businesses in high-demand local sectors (retail, food, services).

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