Muthoot

MFL Business Loans

GST / Sole Proprietor Business Loan

Your Loan Journey

  • Pre-Loan Consent & Phone OTP

    Step 1
    30 secs

    Provide consent, enter your mobile number, and verify the OTP to securely start your loan application.

    Screenshots

    Screenshot 0
    Screenshot 1
    Screenshot 2
  • PAN & Personal Details

    Step 2
    2 mins

    Enter your PAN to auto-fetch personal details. Review and confirm basic personal information in one step.

    Screenshots

    Screenshot 0
    Screenshot 1
    Screenshot 2
  • Business & Udyam Details

    Step 3
    3 mins

    Provide Udyam registration and business details such as industry, turnover, and years in operation.

    Screenshots

    Screenshot 0
    Screenshot 1
    Screenshot 2
  • Loan Offer Review

    Step 4
    Instant

    View your eligible loan amount and tenure based on your profile. You may proceed or enhance eligibility via bank statement.

    Screenshots

    Screenshot 0
  • Bank Statement (Account Aggregator)

    Step 5
    5 mins

    Securely fetch bank statements through Account Aggregator using OTP-based consent for income assessment.

    Screenshots

    Screenshot 0
    Screenshot 1
    Screenshot 2
    Screenshot 3
    Screenshot 4
    Screenshot 5
  • Address Proof & DigiLocker KYC

    Step 6
    3 mins

    Verify address and identity instantly via DigiLocker. Manual house proof upload is required only if DigiLocker fails.

    Screenshots

    Screenshot 0
    Screenshot 1
    Screenshot 2
    Screenshot 3
    Screenshot 4
    Screenshot 5
    Screenshot 6
    Screenshot 7
    Screenshot 8
    Screenshot 9
  • Selfie & Business Photo Verification

    Step 7
    5 mins

    Capture a live selfie and upload business premises and stock photos to complete visual verification.

    Screenshots

    Screenshot 0
    Screenshot 1
    Screenshot 2
    Screenshot 3
    Screenshot 4
    Screenshot 5
  • E-NACH Setup

    Step 8
    5 mins

    Authorize automatic EMI deductions by setting up E-NACH using net banking or debit card.

    Screenshots

    Screenshot 0
    Screenshot 1
    Screenshot 2
    Screenshot 3
  • Loan Disbursal

    Step 9
    24 hrs

    The approved loan amount is credited directly to your registered bank account.

    Screenshots

    Screenshot 0