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Mudra Loan

Apply for a Kishor Loan (₹50,000 – ₹5 Lakh)

Eligibility and how to apply for the Kishor Loan (₹50,000 – ₹5 Lakh).

  • Collateral-free
  • Government-backed scheme
  • Tiered by business stage (Shishu/Kishor/Tarun)

8%

Interest from

₹10 Lakh

Loan up to

5 years

Tenure up to

Get the funds you need Get up to ₹10 Lakh starting at 8%

+91

₹50,000 – ₹10,00,000

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The Kishor tier of Mudra Loan covers funding from ₹50,000 up to ₹5,00,000, for a business that's already partly established.

Lenders typically assess: Non-farm income-generating micro/small enterprise; Business plan or existing business proof; No default with any bank/NBFC.

Eligibility and final terms are set by the lender at the time of application — the figures here are indicative starting points, not a guarantee of approval or of the exact rate you'll be offered.

Kishor Loan (₹50,000 – ₹5 Lakh) EMI calculator

Estimate your monthly instalment and see the full year-by-year principal and interest breakdown.

Maximum loan amount: ₹10,00,000

%

Indicative range for Mudra Loan: Government scheme (Shishu/Kishor/Tarun) — amount capped by category.

years

Maximum tenure: 5 years (60 months)

Monthly EMI

₹9,401

Total interest

₹38,433

Total payment

₹3,38,433

Indicative only — your actual EMI depends on the lender's exact rate and terms at sanction.

Principal vs. interest

  • Principal 88.6%
  • Interest 11.4%

Principal & interest paid per year

2026
2027
2028

Time on the x-axis, amount repaid on the y-axis — early on leans toward interest, later on toward principal.

Full breakdown, starting this month

Assumes your first EMI falls this month — click a period to see every month within it.

Sep 2026 – Aug 2027 Principal paid₹92,141 Interest paid₹20,670 Total paid₹1,12,811
Month Principal paid Interest paid Total paid Balance remaining
Sep 2026 ₹7,401 ₹2,000 ₹9,401 ₹2,92,599
Oct 2026 ₹7,450 ₹1,951 ₹9,401 ₹2,85,149
Nov 2026 ₹7,500 ₹1,901 ₹9,401 ₹2,77,649
Dec 2026 ₹7,550 ₹1,851 ₹9,401 ₹2,70,099
Jan 2027 ₹7,600 ₹1,801 ₹9,401 ₹2,62,499
Feb 2027 ₹7,651 ₹1,750 ₹9,401 ₹2,54,848
Mar 2027 ₹7,702 ₹1,699 ₹9,401 ₹2,47,146
Apr 2027 ₹7,753 ₹1,648 ₹9,401 ₹2,39,393
May 2027 ₹7,805 ₹1,596 ₹9,401 ₹2,31,588
Jun 2027 ₹7,857 ₹1,544 ₹9,401 ₹2,23,731
Jul 2027 ₹7,909 ₹1,492 ₹9,401 ₹2,15,821
Aug 2027 ₹7,962 ₹1,439 ₹9,401 ₹2,07,859
Sep 2027 – Aug 2028 Principal paid₹99,788 Interest paid₹13,022 Total paid₹1,12,811
Month Principal paid Interest paid Total paid Balance remaining
Sep 2027 ₹8,015 ₹1,386 ₹9,401 ₹1,99,844
Oct 2027 ₹8,069 ₹1,332 ₹9,401 ₹1,91,775
Nov 2027 ₹8,122 ₹1,279 ₹9,401 ₹1,83,653
Dec 2027 ₹8,177 ₹1,224 ₹9,401 ₹1,75,476
Jan 2028 ₹8,231 ₹1,170 ₹9,401 ₹1,67,245
Feb 2028 ₹8,286 ₹1,115 ₹9,401 ₹1,58,959
Mar 2028 ₹8,341 ₹1,060 ₹9,401 ₹1,50,618
Apr 2028 ₹8,397 ₹1,004 ₹9,401 ₹1,42,221
May 2028 ₹8,453 ₹948 ₹9,401 ₹1,33,769
Jun 2028 ₹8,509 ₹892 ₹9,401 ₹1,25,260
Jul 2028 ₹8,566 ₹835 ₹9,401 ₹1,16,694
Aug 2028 ₹8,623 ₹778 ₹9,401 ₹1,08,071
Sep 2028 – Aug 2029 Principal paid₹1,08,071 Interest paid₹4,740 Total paid₹1,12,811
Month Principal paid Interest paid Total paid Balance remaining
Sep 2028 ₹8,680 ₹720 ₹9,401 ₹99,390
Oct 2028 ₹8,738 ₹663 ₹9,401 ₹90,652
Nov 2028 ₹8,797 ₹604 ₹9,401 ₹81,855
Dec 2028 ₹8,855 ₹546 ₹9,401 ₹73,000
Jan 2029 ₹8,914 ₹487 ₹9,401 ₹64,086
Feb 2029 ₹8,974 ₹427 ₹9,401 ₹55,112
Mar 2029 ₹9,033 ₹367 ₹9,401 ₹46,079
Apr 2029 ₹9,094 ₹307 ₹9,401 ₹36,985
May 2029 ₹9,154 ₹247 ₹9,401 ₹27,831
Jun 2029 ₹9,215 ₹186 ₹9,401 ₹18,615
Jul 2029 ₹9,277 ₹124 ₹9,401 ₹9,339
Aug 2029 ₹9,339 ₹62 ₹9,401 ₹0
Balance remaining after the last month of each period shown above.

Why FynnEdge?

You could go directly to a bank. But why apply for a Kishor Loan (₹50,000 – ₹5 Lakh) through us?

01

One profile, many lenders

Share your details once — we match you against multiple lenders' criteria instead of you applying to each one separately.

02

Clear, upfront eligibility

See which lenders you're likely eligible for, with plain-language reasons, before you apply.

03

A fully online journey

Check eligibility, compare lenders and apply — all online, without a branch visit.

04

Free EMI & credit tools

Plan your EMI and check your credit score for free, before you commit to anything.

05

Guidance, not just a listing

We help you understand your options and why a lender is or isn't a fit — not just hand you a list.

06

No service charges

Comparing and applying through FynnEdge is free. Any lender fees are disclosed upfront by the lender.

What our customers say

“I compared three lenders on FynnEdge in minutes instead of visiting three branches. The eligibility check was upfront and honest about what I actually qualified for.”

A

Ananya Rao

Bengaluru

“What I liked most was there were no surprise charges — everything the lender would charge was shown before I applied.”

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Vikram Singh

Delhi