The Pradhan Mantri Mudra Yojana (PMMY) is a flagship government scheme aimed at providing financial assistance to small and micro enterprises across India. Here’s a step-by-step guide on how to apply for a Pradhan Mantri Mudra loan Yojana. Pradhan Mantri Mudra Yojana (PMMY) Overview The Pradhan Mantri Mudra Yojana (PMMY), Launched by Prime Minister Narendra Modi in April 2015, is a pivotal scheme aimed at providing loans to non-corporate, non-farm small/micro enterprises. This initiative ... INTRODUCTION The Pradhan Mantri Mudra Yojana launched in 2015 aims at providing credit of upto Rs 10 lakh to small entrepreneurs and act as a regulator for Micro-Finance Institutions (MFIs). Mudra targets young educated or skilled workers and entrepreneurs including women entrepreneurs. The scheme is designed to promote and ensure access of financial facilities to Non-Corporate Small Business Sectors (NCSBS) that will turn them into instruments of GDP growth and employment generation. The ... Apply online for Pradhan Mantri Mudra Yojana scheme to access business loans easily through JanSamarth's digital portal. Check eligibility and get digital approval. The maximum Mudra loan amount you can apply for under the Pradhan Mantri Mudra Yojana ( PM Mudra Loan ) depends on your eligibility and the nature of your business or enterprise. Generally, Mudra loans are categorized into three segments – Shishu, Kishor, and Tarun, with loan amounts ranging from INR 50,000 to INR 1 lakh. Interest rates for Mudra loans are competitive, and you can apply for them online through designated financial institutions and banks as part of the Mudra Yojana scheme.
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