How do you apply for Mudra loan to Finance your Sanitary Napkin Business.

How do you apply for Mudra loan to Finance your Sanitary Napkin Business.

Starting a new business in India has been made very convenient since the last decade due to Indian Government’s new reforms and policies, at Saral Designs have interacted with many aspiring entrepreneurs who are keen to set up their sanitary napkin manufacturing business and understand the  financial constraints and risks that entrepreneurs face while deciding to get into a new venture.

For more information, you can read our blog on How to finance your Sanitary napkin business in the link below:


With the aim to make information more open source, we have started our “How you can apply for finance” blog series. One of the ways you can finance your sanitary napkin business is through loans.

The government has many schemes through which one can apply for loans.

In this blog, we are  going to help you in understanding how you can apply for Mudra Loan and avail all the benefits of it.

What is Mudra Loan?

Mudra loan is a financial scheme initiated by the Government of India to provide financial support to small businesses, entrepreneurs, and individuals in the non-farm sector. “MUDRA” stands for “Micro Units Development and Refinance Agency.” These loans are offered through various financial institutions like banks, non-banking financial companies (NBFCs), and microfinance institutions.

Mudra loans are categorized into three types based on the stage of the business and the loan amount required:

  • Shishu (up to Rs. 50,000)
  • Kishore (Rs. 50,000 – Rs. 5 lakhs)
  • and Tarun (Rs. 5 lakhs – Rs. 10 lakhs)

Eligibility Criteria

The eligibility criteria for a Mudra loan are as follows:

  1. The applicant should be an Indian citizen.
  2. The loan is available to micro-enterprises and small businesses in the non-farm sector, including manufacturing, trading, and service sectors.
  3. The borrower should have a business plan and a project report outlining the business idea and loan requirements.
  4. The borrower should not have ‌defaulted on any loans or credit cards in the past.
  5. The applicant should have a good credit history.
  6. The borrower should have a valid identity proof and address proof.
  7. The business should not fall under the negative list of activities for the Mudra loan scheme, which includes activities such as gambling, speculation, and activities related to agriculture and farming.

The eligibility criteria may differ for each category of Mudra loan – Shishu, Kishore, and Tarun. It’s advisable to check with the specific financial institution you plan to approach for any additional eligibility criteria or requirements.

How to avail benefits of Mudra Loan?

You can apply for a Mudra loan by following these steps:

  1. Identify the type of Mudra loan you need based on your business requirements and loan amount.
  2. Approach a financial institution that offers Mudra loans, such as a bank, NBFC or microfinance institution.
  3. Submit the necessary documents, which may include identity proof, address proof, business plan, and financial statements.
  4. Fill out the loan application form provided by the financial institution.
  5. Provide details about your business, including the type of business, years in operation, turnover, and the loan amount required.
  6. Wait for the financial institution to process your application and conduct a credit assessment.
  7. If your application is approved, sign the loan agreement and provide any additional documents required.
  8. Once the loan is disbursed, use the funds for the intended business purpose.

With all these details, we hope it will facilitate the process and help you to finance ‌your sanitary napkin business . Saral has helped many businesses and entrepreneurs in setting up new sanitary napkin businesses in various locations of India and World through its ‘Business in a Box ‘ model . We would like to invite many more Entrepreneurs to start their business in the ever increasing Sanitary napkins business and serve the society.

Do contact us for more information:

Contact :

+91 90293 30401 |+91 81081 39176

Email ID :

[email protected] | [email protected] | [email protected]


EL-11, DNA Road, Electronic Zone, Near Nelco Bus Stop MIDC, Mahape, Navi Mumbai-400710 

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