Mudra Loan

Empowering The Entrepreneur
In You.


Mudra Loan

PRADHAN MANTRI MUDRA YOJANA (PMMY), a flagship scheme of Government of India, was launched on 8th April, 2015 by the Hon’ble Prime Minister to “fund the unfunded” by bringing such enterprises to the formal financial system and extending affordable credit to them.

Credit Facilities

  • Any type of Fund Based or Non Fund Based facility.
  • No Minimum amount. Maximum Amount - Rs.10.00 lacs.

Categorization of MUDRA Loans

SHISHU : Loans sanctioned under the scheme up to Rs.50000

KISHORE : Loans sanctioned under the scheme from Rs.50001 to Rs.5.00 lacs

TARUN : Loans sanctioned under the scheme from Rs.5,00,001 to Rs.10.00 lacs


  • Assets created out of the Bank’s finance.
  • No collateral security.
  • All “Non farm enterprises”
  • under “Micro Enterprises” and “Small Enterprises” segment
  • engaged in “income generating activities”
  • engaged in “manufacturing, trading and services“ and
  • whose “credit needs are up to Rs.10.00 lacs”
  • Now allied agriculture activities have also been included under PMMY scheme w.e.f. 01.04.2016.
Limits Micro Enterprises Small Enterprises
Up to Rs.50000/- MCLR+SP (MCLR+SP)+0.50%
Above Rs.50000/- to Rs.2.00 lacs (MCLR+SP)+0.50% (MCLR+SP)+0.70%
Above Rs.2.00 lacs to Rs.10.00 lacs (MCLR+SP)+0.70% (MCLR+SP)+0.85%

Processing Charges : Nil

EMI Calculator

APR Calculator
  • Total Interest
  • Total Amount
Monthly Payment Rs. 1,977.00

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