What is Mudra Loan?

The MUDRA loan is provided under the Pradhan Mantri MUDRA Yojana (PMMY) to non-farming and non-corporate micro and small enterprises.
These enterprises can avail loans up to Rs.10 Lakh under the MUDRA (Micro Units Development & Refinance Agency Ltd.) scheme.

There are 3 products under the Pradhan Mantri MUDRA loan:
1. Shishu
2. Kishor
3. Tarun

The scheme was launched by the Prime Minister back in 8th April 2015, and as of FY 2017-18 has:
• Sanctioned more than 4 crore loans.
• Sanctioned more than Rs.2.5 lakh crore.
• Disbursed more than Rs.2.4 lakh crore.

Details about Pradhan Mantri MUDRA Yojana PMMY in (HINDI, ENGLISH)

The aim of this Pradhan Mantri MUDRA Yojana (PMMY) scheme is to provide financial assistance (by providing loans at reasonable interest rates). Depending on the size of business loans are being offered accordingly. Under this scheme, loans upto 10 Lakh are being provided.