Skip to main content
Pucho

Schemes / Government of India

Pradhan Mantri MUDRA Yojana (PMMY)

Central schemeEntrepreneurMSMEWoman

Collateral-free loans from banks, NBFCs and microfinance institutions for non-farm income-generating micro enterprises.

What you get

Loans in four categories: Shishu (up to ₹50,000), Kishore (₹50,000–₹5 lakh), Tarun (₹5–10 lakh) and Tarun Plus (₹10–20 lakh, for those who have successfully repaid a Tarun loan). No collateral is required.

Who can apply

  • Individuals, proprietorships, partnerships and other entities running or starting micro enterprises in manufacturing, trading, services or activities allied to agriculture
  • Not a defaulter to any bank or financial institution

How to apply

  1. Apply at any bank, regional rural bank, small finance bank, NBFC or MFI, or online through the JanSamarth portal
  2. Submit a business plan and KYC; the lender appraises and sanctions the loan

Documents usually needed

  • Aadhaar and PAN
  • Business address proof
  • Business plan/quotations
  • Category certificate (if applicable)
Apply on the official portal ↗Ask about my eligibility

Nodal authority: Department of Financial Services. Amounts and rules change — the official page is the final word.