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 match and prepare the file — we don't sanction it.
See if Mudra (PMMY) fits your venture
A short enquiry, a reference id, and a named consultant on the phone within one working day. Free to check — the lender underwrites and decides, and any money moves directly between you and the lender.
Check eligibilityTalk to an advisor