● Active Employment

PM Mudra Yojana

Ministry of Finance, Government of India

📅 Since:  8 April 2015 🏷 Employment

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📋 Scheme Overview

Pradhan Mantri Mudra Yojana (PMMY) provides loans up to ₹20 lakh to non-corporate, non-farm small/micro enterprises. Loans are provided through three categories: Shishu (up to ₹50,000), Kishore (₹50,001–₹5 lakh), and Tarun (₹5 lakh–₹20 lakh).

✅ Eligibility Criteria

  • Any Indian citizen planning a non-farm business activity
  • Small manufacturers, shopkeepers, vendors, artisans
  • Women entrepreneurs are given preference
  • No collateral required for loans

🎁 Benefits & Features

  • Shishu: Loans up to ₹50,000
  • Kishore: ₹50,001 to ₹5 lakh
  • Tarun: ₹5 lakh to ₹20 lakh
  • No processing fee for Shishu loans
  • Mudra RuPay Debit Card for working capital loans

📝 How to Apply — Step by Step

  1. Identify your loan category (Shishu/Kishore/Tarun)
  2. Visit nearest bank, MFI, NBFC, or apply at mudra.org.in
  3. Submit business plan and identity documents
  4. Bank processes and sanctions the loan
  5. No need for collateral for basic loans

📄 Documents Required

  • 📎Aadhaar and PAN card
  • 📎Proof of identity and address
  • 📎Business proof/plan
  • 📎Bank account statement (last 6 months)
  • 📎Passport-size photos
Ready to Apply?

Visit the official portal to begin your application.

🏛 Visit Official Portal ↗
Topics: LoanBusinessMSMEEntrepreneurSelf-EmploymentWomen