Mudra (PMMY) — what it is, and who it fits.
Government-backed, collateral-free credit for non-farm micro enterprises — up to ₹10 lakh across three tiers.
Pradhan Mantri Mudra Yojana
The headline terms at a glance — set by the scheme and the lender, and subject to change.
What it is
The scheme in plain English — no jargon, no promises.
MUDRA — Micro Units Development and Refinance Agency — refinances member lending institutions to extend small-ticket credit to non-corporate, non-farm micro enterprises. Loans are delivered through banks, NBFCs and MFIs, and are collateral-free.
The scheme has three tiers by ticket size: Shishu (up to ₹50,000, for a new or very small unit), Kishore (₹50,000 to ₹5 lakh, for an established business expanding), and Tarun (₹5 lakh to ₹10 lakh, for a larger expansion). Which tier fits depends on your requirement and stage.
Who qualifies
A first read on whether the scheme reaches a file like yours — your consultant confirms the details.
- Non-farm micro enterprise — manufacturing, processing, trading or services
- Any legal form: proprietorship, partnership, company, or self-help group
- A requirement within the ₹10 lakh ceiling, with basic KYC and business proof
The loans that ride this scheme
These families on our shelf can be arranged under the scheme — browse the products in each.
Honest scope — Mudra is delivered by regulated lenders who underwrite and decide; the tiers and terms are set by the scheme and can change. We explain it and help prepare the file — we don't sanction it, and with no lender empanelled we can't submit it either.
See if Mudra (PMMY) fits your venture
A short enquiry, a reference id, and a named consultant on the phone within one working day — who tells you honestly whether this scheme is your door and what it will ask you to produce. Free, and we have no lender to sell you to.
Talk it throughRead the other schemes