🏛️ India (Central)
Micro Loan
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Government Scheme · OwnPath Hub

MUDRA / PMMY (Pradhan Mantri Mudra Yojana)

Collateral-free loans up to Rs 10-20 lakh (Shishu/Kishore/Tarun/Tarun Plus) for non-farm micro-businesses.

Snapshot

Quick facts

Policy status

Active central scheme

Region

India (Central)

Type

Micro Loan

Verified

Verified by editorial team

Key Figures

The numbers that matter — verify on the official portal

Shishu: up to Rs 50,000

Kishore: Rs 50,001 - Rs 5 lakh

Tarun: Rs 5 lakh - Rs 10 lakh

Tarun Plus: Rs 10 lakh - Rs 20 lakh (after repaying a Tarun loan; Budget 2024-25)

Collateral-free; for non-farm micro/small businesses

Support Types

What the scheme actually offers

  • Shishu (up to Rs 50k)
  • Kishore (Rs 50k-5L)
  • Tarun (Rs 5-10L)
  • Tarun Plus (up to ~Rs 20L)
  • collateral-free

Best Suited For

tiny & small businessesshops, services, manufacturingfirst-time borrowers

Fit Business Ideas

Examples this scheme tends to suit

juice/food stall scalingrepair shoptailoringsmall manufacturingtrading

Documents You Will Need

  • Aadhaar/PAN
  • business plan/quotations
  • bank KYC
  • Udyam (recommended)

How to Apply

Step-by-step process

  1. 1Pick a bank/NBFC/MFI
  2. 2Apply (branch or JanSamarth portal)
  3. 3Submit plan & KYC
  4. 4Get loan & repay on time

Warning

Read this before applying

It is a LOAN (must be repaid), not a grant; apply via banks - avoid agents who 'guarantee' approval for a fee.

Official Government Links

Always verify on these portals before applying

MUDRA / PMMY (Pradhan Mantri Mudra Yojana) can reduce capital pressure, but only when documentation, eligibility, and execution are tight. Always verify the latest amounts and deadlines on the official portal before applying.

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