PM Mudra Yojana
Collateral-free loans for small businesses and micro enterprises
PM Mudra Yojana gives collateral-free loans to small and micro businesses such as shops, workshops, food stalls and small manufacturers, through banks, microfinance institutions and other lenders. Loans are grouped as Shishu, Kishor and Tarun, and a higher Tarun Plus category was added in 2024, with the top limit going up to Rs 20 lakh. Apply at any bank, or through the Udyamimitra portal, with a simple business plan and identity papers. Interest rates are set by the lender.
Rules, amounts and dates can change. Confirm the details on the official portal or at your taluk office before you apply.
At a glance
| Department | Central government schemes |
|---|---|
| Started | 2015 |
| Group | Jobs, skills and business |
Check official sources
Eligibility, amounts and how to apply change often. Confirm on the official portals or at your taluk office.
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