The Pradhan Mantri Mudra Yojana (PMMY) was launched by the Prime Minister of India on April 8, 2015. An acronym for Micro Units Development and Refinance Agency (MUDRA), this is an institution set up by the government to fund the income-generating activities of micro and small enterprises in the non-farming, non-corporate sector. The Mudra loan, offered as a part of the Pradhan Mantri Mudra Yojana, allows eligible enterprises to borrow funds as high as Rs. 10 lakhs.

Mudra Loan scheme helps MSMEs with the following purposes:
Starting a new business
Expanding the business
Purchase of plant and machinery
To get working capital for business
Purchasing equipment or commercial vehicles
Hiring or training staff

How to Apply for Pradhan Mantri Mudra Loan?
Top Mudra Banks and their contacts in India
Loan Amount under Shishu, Kishor and Tarun category, Mudra Loan Age Limit, Processing Fee Loan, Tenure, Collateral
Mudra Loan Documents
Features of the Pradhan Mantri Mudra Loan
Products under the Pradhan Mantri MUDRA loan

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Sources of information :
Mudra - Micro Units Development & Refinance Agency Ltd.
www.mudra.org.in