MSMESOLUTIONS
Business • Finance • Growth
Central GovernmentOpen

Pradhan Mantri MUDRA Yojana

PMMY

Collateral-free loans for non-corporate, non-farm micro enterprises (including agriculture-allied activities such as dairy, poultry and food processing) through banks, NBFCs and MFIs.

Official portal(opens in a new tab)

Key benefits

  • Four categories: Shishu (up to ₹50,000), Kishore (₹50,000 to ₹5 Lakhs), Tarun (₹5 to ₹10 Lakhs) and Tarun Plus (₹10 to ₹20 Lakhs, for borrowers who have repaid a Tarun loan).
  • No collateral security required from borrower.
  • MUDRA debit card provided for hassle-free working capital cash withdrawals.

Basic eligibility

  • Any Indian citizen with a viable plan for a non-farm income-generating activity, including agriculture-allied activities.
  • Clean credit track record without past bank defaults.

Documents checklist

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Tick what you already have. Banks and agencies may ask for more depending on your case.

This summary is for general information and may not reflect the latest notification; confirm details on the official portal. Sanctions and subsidies are decided by the bank or government agency after their own appraisal. We do not guarantee approval.

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