PM Mudra Yojana

Pradhan Mantri MUDRA Yojana (PMMY)

Launched on April 8, 2015, by the Hon’ble Prime Minister, the Pradhan Mantri MUDRA Yojana (PMMY) aims to provide financial support to non-corporate, non-farm small and micro enterprises. Under this scheme, eligible entrepreneurs—especially those who have previously availed and successfully repaid loans under the ‘Tarun’ category—can access loans of up to ₹20 lakh.

These MUDRA loans are offered through various financial institutions, including Commercial Banks, Regional Rural Banks (RRBs), Small Finance Banks, Microfinance Institutions (MFIs), and Non-Banking Financial Companies (NBFCs). Applicants can approach any of these lenders directly or apply online at www.udyamimitra.in.

To cater to businesses at different stages, MUDRA has introduced four loan categories:

• Shishu – for startups and early-stage businesses
• Kishore – for growing enterprises
• Tarun – for established businesses seeking expansion
• TarunPlus – for those who have successfully graduated from the 'Tarun' category and seek further funding