How to Apply for Weaver MUDRA Scheme — Handloom Credit up to ₹1 Crore
Weaver MUDRA Scheme — Handloom Credit up to ₹1 Crore accepts applications online through the official portal on a rolling basis. Follow the steps below — and always confirm the latest details on the official source before you apply.
How to apply
Applications are submitted on the . Confirm the current deadline and document checklist there before you start.
Selection process
There is no central committee or pitch round here. Once an application reaches a participating bank, the bank assesses it against its own internal credit norms and takes the lending decision.
If the proposal is approved, the bank issues a loan sanction letter to the applicant within one month of the application date.
Beyond sanctioning the loan, the bank is also responsible for lodging the claims connected to the scheme — margin money assistance, interest subvention and the credit guarantee fee — through the Handloom Weaver MUDRA Portal.
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