Mudra loan documents required: what lenders ask for and what they do not

Is there an official Mudra loan documents list?

No. Mudra says there is no fixed national list. It advises you to get the guidance on documents from a lending institution in your locality (Mudra FAQ). Each lender sets its own list, so the list for the same Shishu loan can differ between a bank and an NBFC.

So the first step is to ask the lender you plan to use for its current checklist. The rest of this page helps you get ready, and tells you what is usually asked.

Mudra loan application forms by category

Mudra publishes the form format by category (Mudra FAQ).

A lender may use its own version of the form. Bank of Maharashtra, for example, publishes a Shishu form and a Kishore and Tarun form, each with a checklist (Bank of Maharashtra). Mudra also says that income tax returns are generally not insisted on for small value loans, and that the lender advises on the papers it needs (Mudra FAQ).

What lenders usually ask for

We could not find a Mudra-specific checklist on a lender's site that was current on 02-Oct-2026. The closest published example is State Bank of India's indicative checklist for MSME customers in general. It says it is "only indicative and not exhaustive" (State Bank of India). Many items on it are for larger loans. Treat the table below as general practice, and expect a small Mudra loan to ask for fewer papers.

Bank statements and GST returns are not named on the Mudra FAQ. They are what lenders read in practice. Keep recent statements ready, because lenders check that your banking matches your filings. The business loan documents guide explains how.

Udyam registration and Mudra

Udyam registration is the government's registration for micro, small and medium enterprises. It is free, paperless and based on your Aadhaar number, and it never needs renewal (Udyam Registration portal). A proprietor gives their own Aadhaar. A company or LLP gives its PAN and GSTIN plus the authorised signatory's Aadhaar (Udyam gazette notification).

Whether a Mudra lender asks for it varies. Bank of Maharashtra's forms are headed "with revised checklist & Udyog Aadhaar Registration Number", which is the older name of the registration (Bank of Maharashtra). SBI's list names Udyam registration among the approvals (State Bank of India). Getting registered costs nothing and keeps your file ready for any scheme. See the Udyam registration guide.

A new business with no income tax return

A new business has no return to show. Mudra's eligibility test is a business plan for a non-farm, income-generating activity, and not a history of filing (Mudra FAQ). Lenders generally do not insist on returns for small value loans (Mudra FAQ). A new firm also self-declares its investment on Udyam until its first return is filed (Udyam gazette notification).

For a new business, expect to show:

• your identity and address papers;
• a short business plan, with what you will buy and what you expect to earn;
• quotations for the machinery or stock;
• your personal bank statements, if the business has no account yet.

The lender decides whether that is enough (NCGTC CGFMU FAQ).

Does a Mudra loan need a CIBIL score?

Neither Mudra nor the guarantee body publishes a minimum score. Bank of Maharashtra asks that the applicant should not be a defaulter to any bank or financial institution and should have a satisfactory credit track record (Bank of Maharashtra). So the lender reads your credit history, but the scheme sets no number. The Mudra eligibility guide covers this in more detail.

Before you submit

1. Ask the lender for the current checklist and the form for your category.
2. Make sure the name, address and PAN match on every paper.
3. Keep copies of everything you hand over, with the date.
4. Run the free loan readiness check to see where the file is thin before the lender does.

If a lender refuses, Mudra says you can escalate within the bank or approach another lender (Mudra FAQ).