Pradhan Mantri MUDRA Yojana (PMMY)

iAbout This Scheme

PM MUDRA Yojana provides collateral-free micro loans to non-corporate, non-farm small/micro enterprises through MUDRA (Micro Units Development and Refinance Agency). Loans are categorised as Shishu (up to ₹50,000), Kishor (₹50,001–₹5 lakh), and Tarun (₹5 lakh–₹10 lakh). From 2024, a new Tarun Plus category extends up to ₹20 lakh.

🎁Key Benefits

• Shishu: loans up to ₹50,000 for micro enterprises
• Kishor: loans ₹50,001 to ₹5 lakh
• Tarun: loans ₹5 lakh to ₹10 lakh
• Tarun Plus: loans ₹10 lakh to ₹20 lakh (introduced 2024)
• No collateral required under Shishu and Kishor categories
• Available through banks, MFIs, NBFCs, and RRBs

✅Eligibility Criteria

• 1
  Non-corporate, non-farm micro/small businesses
• 2
  Manufacturing, trading, service sector enterprises
• 3
  Individuals, proprietorships, partnerships, and companies

📝How to Apply

❓Frequently Asked Questions