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PMMYIN

Pradhan Mantri MUDRA Yojana

Organized by Ministry of Finance

A scheme to 'fund the unfunded' micro-enterprises. It provides loans up to ₹10 lakh to non-corporate, non-farm small/micro enterprises. Loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs, and NBFCs.

Financial Aid & Loans

PMMY · Ministry of Finance

loan Funding
Launch Year
2015
Reach
40,000,000+ loans disbursed annually
Funding
loan
Status
active

Financial Benefits

  • Loan: Shishu (up to ₹50k), Kishore (₹50k-₹5 lakh), Tarun (₹5 lakh-₹10 lakh)
  • No collateral security required
  • No processing fee for Shishu and Kishore loans
  • MUDRA debit card provided for working capital

Data last verified: 2024-02-15