Micro FinanceMUDRA
Pradhan Mantri MUDRA Yojana
Ministry of Finance
Financial support for unfunded micro and small business activities with loans up to ₹10 Lakh.
Key Benefits
Shishu: Loans up to ₹50,000
Kishore: Loans from ₹50,001 to ₹5 Lakh
Tarun: Loans from ₹5 Lakh to ₹10 Lakh
No collateral required for loans
No processing fee
Key Features
Available through all banks and NBFCs
For manufacturing, trading, and services
MUDRA Card for working capital needs
Priority to SC/ST/OBC borrowers
Eligibility
Any Indian citizen with a business plan for non-farm income generating activity
Subsidy / Benefit
No subsidy; provides affordable credit access
Data verified from official government sources