Pradhan Mantri Mudra Yojana (PMMY) provides collateral-free loans to non-corporate, non-farm micro and small enterprises through banks, NBFCs and MFIs under three categories — Shishu, Kishore and Tarun.
Apply and check your status free on the official Government of India portal.
Benefits
- Collateral-free loans up to ₹10 lakh (₹20 lakh under Tarun Plus)
- Shishu (up to ₹50,000), Kishore (₹50k–₹5 lakh), Tarun (₹5–10 lakh)
- For manufacturing, trading, services and allied-agriculture activities
- Available through banks, NBFCs and microfinance institutions
Eligibility
- Indian citizen running or starting a non-farm micro/small business
- New and existing enterprises needing up to ₹10–20 lakh
- A viable business activity or plan
Documents required
- Aadhaar & PAN
- Business proof / plan
- Bank account details
- Passport-size photographs
How to apply
- Decide your category — Shishu, Kishore or Tarun.
- Apply online on udyamimitra.in or visit your bank, NBFC or MFI.
- Submit your business plan and KYC documents.
- On approval, the loan is disbursed to your account.
Helpline
1800-180-1111 / 1800-11-0001
Official links
- Apply for a Mudra loan (Udyamimitra) ↗
- Mudra Yojana official site ↗
- Check your eligibility on myScheme (Govt of India) ↗
Frequently asked questions
How do I apply for a Mudra loan?
Apply online on udyamimitra.in or at any bank, NBFC or MFI with your KYC and business details under the Shishu/Kishore/Tarun category.
Is collateral needed for a Mudra loan?
No — Mudra loans are collateral-free for eligible micro and small enterprises.
What is the maximum Mudra loan amount?
Up to ₹10 lakh under Tarun, and up to ₹20 lakh under the Tarun Plus category.