Pradhan Mantri MUDRA Yojana · Pradhan Mantri MUDRA Yojana · MUDRA Ltd.
Mudra loan assistance in Pune
Loans for non-corporate, non-farm micro and small enterprises engaged in income-generating activities.
Scheme overview
Under the Pradhan Mantri MUDRA Yojana (PMMY), loans are extended by member lending institutions (banks, NBFCs and MFIs) to non-corporate, non-farm small and micro enterprises for income-generating activities in manufacturing, trading and services, including activities allied to agriculture.
Loans are offered in categories based on the stage and funding need of the enterprise.
Intended beneficiaries
- Proprietorships and partnerships running small manufacturing, trading or service units
- Shopkeepers, vendors, artisans and small service providers
- Activities allied to agriculture such as dairy, poultry and fisheries
Key features
- Shishu: loans up to ₹50,000
- Kishore: loans above ₹50,000 and up to ₹5 lakh
- Tarun: loans above ₹5 lakh and up to ₹10 lakh
- Tarun Plus: above ₹10 lakh and up to ₹20 lakh for borrowers who have availed and successfully repaid a Tarun loan
Current eligibility (summary)
- Non-corporate, non-farm income-generating micro enterprise
- No default with any bank or financial institution
- Satisfactory credit record as assessed by the lender
General documents
- KYC of applicant(s)
- Proof of business address and identity
- Quotations for machinery or items to be purchased
- Business plan and bank statements (for larger loans)
Application process
- 1
Approach a bank, NBFC or MFI, or apply through the Udyamimitra / Jan Samarth portals.
- 2
Submit the application with KYC, business details and a basic business plan.
- 3
The lender appraises the proposal and decides on sanction.
Frequently asked questions
Is MUDRA a separate lender?
No. MUDRA loans are given by member lending institutions such as banks, NBFCs and MFIs. MUDRA Ltd. refinances these lenders.
Is collateral required for a MUDRA loan?
MUDRA loans are generally extended without collateral, with credit guarantee support available to lenders. Final terms are set by the lender.
Government schemes change from time to time. Always confirm the latest guidelines on the official portal before applying. Applications are processed and sanctioned only by the implementing agency and the lender.
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