PRADHAN MANTRI MUDRA YOJANA

Aimed at providing loans to Small Business activities under Manufacturing, Service, Small Business and Trade & the scheme covered following three sub-categories based on loan limit:

Category Loan Limit Key Feature
Shishu Up to Rs 50000/-

•Meant for non-farm enterprises in manufacturing, trading & services

•Hassle free, flexible credit product

•No collateral

•Term & working capital loan

•Repayment in maximum period extended up to 5 years

Kishore Rs 50001 to Rs 5 lakh
Tarun Above Rs 5 lakh & up to Rs 10 lakh