Pradhan Mantri MUDRA Yojana (PMMY)
Status not published
This funder does not publish a call calendar. Check their page before planning around it.
Collateral-free loans to non-farm micro enterprises in four categories: Shishu up to INR 50,000, Kishore above INR 50,000 up to INR 5 lakh, Tarun above INR 5 lakh up to INR 10 lakh, and Tarun Plus above INR 10 lakh up to INR 20 lakh for borrowers who have repaid an earlier Tarun loan.
Micro Units Development and Refinance Agency (MUDRA) Ltd / Department of Financial Services
public · national
Deadline: rolling
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Moderate — a form and supporting documents.
Who can apply
- micro enterprises
- Sectors: manufacturing, agri, any
- Locally registered entity required
Indian citizens running or setting up a non-farm income-generating micro enterprise in manufacturing, trading, services or allied agriculture, with credit need up to INR 20 lakh. DPIIT recognition is not required.
How to apply
- Apply at any bank, RRB, small finance bank, NBFC or MFI, or online via the Jan Samarth portal.
- Submit the business plan and KYC; no collateral is required.
- Lender sanctions and disburses; a MUDRA card may be issued for working capital.
What you will need
- Aadhaar and PAN
- Proof of business address and identity
- Quotations for machinery or equipment where applicable
- Bank statements
- Caste certificate where applicable
Source. https://www.mudra.org.in/ — checked 2026-08-14 · not human-checked