What is the interest on a ₹50,000 MUDRA loan? 

"The interest rate for a ₹50,000 MUDRA loan can vary. It depends on several factors. These factors include: 

• Lender: Banks and NBFCs may offer different MUDRA loan rates. Each lender has its own pricing and risk policies.
• Loan Category: MUDRA loans are categorized into three tiers: Shishu, Kishore, and Tarun. The lender may offer you a different interest rate based on the category of loan you qualify for. Shishu loans, for micro-enterprises, often have lower rates than Kishore and Tarun loans, which are for larger businesses.
• Borrower's Creditworthiness: Your credit history and finances affect your interest rate. Those with a strong credit score and steady income are more likely to get lower interest rates. Borrowers with poor credit or low income may face higher rates.
• Current Economic Conditions: Interest rates can change due to inflation, policies, and global trends. These changes can impact the interest rates offered for MUDRA loans. 

To get an accurate interest rate, contact a bank or NBFC that offers MUDRA loans. They can give you a quote based on your eligibility. This includes your credit score, income, and business type. 
Please note that interest rates can change over time. Always check with the lender for the latest MUDRA loan interest rate. By comparing offers from multiple lenders, you can find the best loan terms."