Pradhan Mantri Mudra Loan Yojana (PMMY) Benifits, Features, Eligibility, Interest Rates & Charges

The Pradhan Mantri Mudra loan Yojana (PMMY) is scheme launch by the Government of India to help small and micro businesses

Mudra loan is prepared for the small enterprises handle the current financial system with “Fund the Unfunded”, Under this PMMY scheme eligible for non-farm micro and small businesses to generate income through manufacturing, trading and services

Overview of PMMY

Platform NameMudra Yojana
Scheme NamePradhan Mantri Mudra Yojana
When Started8th April 2015
Launched byShri. PM Narendra Modi
Target Beneficiaries
Small type businesses
EndNo Specific date
Scheme StepsShishu(50,000), Kishor(5 Lakh), Tarun(11 Lakh)
Scope of SchemesAllover India Mudra Loan

Get Related Scheme Information :

Mudra Yojna’s main aim to build small Business Therefore any of business can be applied under this scheme launched officially by the Government of India.


  • One of the most benefit of this Mudra yojana is that loan taker do not have to provide any assets or security as collateral
  • With Pradhan Mantri Mudra Yojana there will be no processing charges or any fees because this project handle by Government.
  • Mudra Loan Scheme provide funding facilities to Small and Micro businesses for generate incomes.
  • No Specific less loan amount for Mudra Loans
  • Credit service can be extended anytime as per PMMY for any of funding or non-funding requirements. hence, Loan taker can use this scheme for various ententes.

Features :

  • In this scheme borrower no have to pay any fees or charges.
  • With PMMY there is no minimum loan amount under Mudra loan scheme, maximum amount can be claim 10 Lakh.
  • Non-farm sector can not process for this scheme, But related to agricultural activities, can be possible for funding.

Read in Hindi – Mudra Loan

There is 3 types of category loans :

  1. Shishu : Loan amount can be up-to Rs.50000
  2. Kishor : Loan amount can be approve up-to Rs.50001 to 5 Lakh.
  3. Tarun : Loan amount can be sanctioned under PMMY Scheme Rs. 5,00,001 to 10 Lakh.


Please enter your comment!
Please enter your name here