PM MUDRA Loan
Shishu / Kishore / Tarun loans up to ₹20L under PM MUDRA Yojana.
Starting from
₹499
+ applicable taxes
No commitment · No hidden charges
Process
How It Works
Category Selection
Shishu up to ₹50,000, Kishore ₹50,000 to ₹5 lakh, Tarun ₹5 lakh to ₹10 lakh, Tarun Plus ₹10 lakh to ₹20 lakh.
Application Prep
Project report and application prepared to match the lender assessment format.
Bank Submission
Application submitted to a MUDRA member lending institution and followed up.
Disbursal
Loan sanctioned and disbursed, typically within 7 to 21 working days.
Overview
About This Service
Pradhan Mantri MUDRA Yojana provides collateral-free loans to non-corporate, non-farm micro and small enterprises engaged in manufacturing, trading, services, and activities allied to agriculture. The scheme has four categories: Shishu covers loans up to ₹50,000, Kishore covers ₹50,000 to ₹5 lakh, Tarun covers ₹5 lakh to ₹10 lakh, and Tarun Plus covers ₹10 lakh to ₹20 lakh for borrowers who have previously taken and fully repaid a Tarun loan. Loans are extended by scheduled commercial banks, regional rural banks, small finance banks, NBFCs, and microfinance institutions.
Checklist
Documents Required
FAQ
Frequently Asked Questions
Who is eligible for a MUDRA loan?
What is the Tarun Plus category?
Is collateral required for a MUDRA loan?
What is the interest rate?
Can I apply if I already have a business loan?
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