Pradhan Mantri MUDRA Yojana

What it is

Provide access to institutional credit for income-generating micro enterprise activities.

What you get

• MUDRA credit categories

Who it is for

• applicant must have a business plan for a non-farm income-generating activity

How to apply

1. 1
   Prepare the business plan

   Define the income-generating activity and required term loan or working capital.

   Official step
2. 2
   Choose the suitable MUDRA category

   Separate Shishu, Kishor, Tarun and Tarun Plus conditions; Tarun Plus requires the applicable prior repayment condition.

   Official step
3. 3
   Approach an eligible lending institution

   The loan is processed by a participating bank, NBFC or MFI.

   Official step

Keep ready