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Pradhan Mantri Mudra Yojana

Govt. Of India

Micro Units Development and Refinance Agency Ltd. [MUDRA] is an NBFC supporting development of micro enterprise sector in the country. MUDRA provides refinance support to Banks / MFIs for lending to micro units having loan requirement upto 10 lakh. MUDRA provides refinance to micro business under the Scheme of Pradhan Mantri MUDRA Yojana. The other products are for development support to the sector. The bouquet of offerings of MUDRA is depicted below. The offerings are being targeted across the spectrum of beneficiary segments.

Eligibility Criteria

Download Eligibility Criteria for availing MUDRA refinance/ loan.

Fiscal Incentives

To signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur and also provide a reference point for the next phase of graduation / growth to look forward to, MUDRA offers incentives through these interventions:

 

> Shishu : covering loans upto  50,000/-

> Kishor : covering loans above  50,000/- and upto  5 lakh

> Tarun : covering loans above  5 lakh and upto  10 lakh

 

Generally, loans upto  10 lakh issued by banks under Micro Small Enterprises is given without collaterals.

 

Objective Of The Scheme

Mudra loan is extended for a variety of purposes which provide income generation and employment creation. The loans are extended mainly for :                                                                   

  • Business loan for Vendors, Traders, Shopkeepers and other Service Sector activities                                                                                                                                                                                 
  • Working capital loan through MUDRA Cards                                                                                                                                                                 
  • Equipment Finance for Micro Units                                                                                                  
  • Transport Vehicle loans

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