Pradhan Mantri Mudra Yojana (PMMY)
Central Scheme (All India)
Finance
Application Mode: OFFLINE
Active
Quick AI Summary
Collateral-free loans up to Rs. 10 Lakhs under Shishu, Kishor, and Tarun categories for micro enterprises.
Detailed Summary
PMMY provides institutional credit to non-corporate, non-farm small business through commercial banks and MFIs.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits | - Shishu: Up to Rs. 50,000. - Kishor: Rs. 50,001 to Rs. 5 Lakhs. - Tarun: Rs. 5 Lakhs to Rs. 10 Lakhs. - No collateral required. |
Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| age min | >= 18 |
| state id | = 3 |
Application Process Guide
- Apply at any commercial bank, RRB, cooperative bank, MFI, or NBFC branch with a business plan.
Common FAQs regarding this Yojana
Shishu covers loans up to Rs. 50,000 for new startups. Kishor covers Rs. 50,001 to Rs. 5 Lakhs for growing businesses. Tarun covers Rs. 5 to 10 Lakhs for expansion.