PM Mudra Loan Yojana 2024-25: Pradhan Mantri Mudra Loan Yojana has been started by the Government of India to promote the youth and start their own business. If you are also thinking of starting a business or you want to take your business forward, then you can also take advantage of this scheme. Through Pradhan Mantri Mudra Loan Yojana, you can get a loan ranging from Rs 50 thousand to Rs 10 lakh.
There are many people in our country who know about business and want to do business, but due to lack of money they are not able to do business. That is why Prime Minister Narendra Modi has started Pradhan Mantri Mudra Loan Yojana. So that everyone can get a golden opportunity to start their own business. Any person in the country can do business by getting a loan through this scheme.
If you all want to take advantage of this scheme but you do not know anything about this scheme, then you do not need to worry. Because we are going to provide you all detailed information about Pradhan Mantri Mudra Loan Yojana through this article. So that all of you can get complete information about this scheme and can easily avail the benefits of the scheme.
PM Mudra Loan Yojana 2024-25 Overview
| Name of the scheme | Pradhan Mantri Mudra Loan Yojana |
| Who launched the scheme? | Prime Minister Narendra Modi |
| Beneficiaries | All businessmen across the country |
| Date of the scheme | 08 April 2015 |
| Loan Amount | Rs. 50,000 – 10,00,000/- |
| Application Process | Online |
| Official website | https://www.mudra.org.in/ |
PM Mudra Loan Yojana Types
The government has divided the loans given under PM Mudra Loan Yojana into three types. You can see below.
Shishu Loan:- If you apply for Shishu Loan under Pradhan Mantri Mudra Loan Yojana, then you will be given a loan ranging from ₹ 50000 to ₹ 200000.
Kishor Loan:- If you apply for Kishor Loan under Pradhan Mantri Mudra Loan Yojana, then you will be given a loan ranging from ₹ 50000 to ₹ 5 lakh.
Tarun Loan:- If you apply for Tarun Loan under Pradhan Mantri Mudra Loan Yojana, then you will be given a loan ranging from ₹ 5 lakh to ₹ 10 lakh.
PM Mudra Loan Yojana Eligibility Criteria
If you want to apply for a loan under PM Mudra Loan Yojana, then all of you have to fulfill all the eligibility criteria given below.
- Only Indian individuals can avail the benefits of Pradhan Mantri Mudra Loan Yojana.
- All persons above 18 years of age can avail the benefits of this scheme.
- Under this scheme, both men and women are eligible to take a loan.
- For this scheme, you have to follow some important rules related to the bank.
Documents For PM Mudra Loan Yojana
- Aadhar Card and PAN Card
- Income Certificate
- Residence Certificate
- Age Certificate
- Business Related Certificate
- Mobile Number and E-mail ID
- Passport Size Photo etc.
How to Apply Online For PM Mudra Loan Yojana?
Every person applying online for PM Mudra Loan Yojana has to follow the following steps.
- To apply online for Pradhan Mantri Mudra Loan Yojana, first of all you have to visit the Official website of the scheme.
- After this, you have to click on any one of the three options Shishu, Kishor and Tarun on the home page.
- Later the application form related to it will open in front of you.
- You have to download this form.
- Now all of you have to take a print out of the downloaded form.
- Later you have to fill all the important information asked in the application form.
- After this you have to attach all the necessary documents with the form.
- Later you have to submit this form to your nearest bank.
- After this, after your application form is accepted by the bank employees, the amount received under Pradhan Mantri Mudra Loan Yojana will be transferred to your bank account.
