Business Bytes

How You Can Avail The Benefits of Pradhan Mantri Mudra Yojana

By KeeVurds Desk                            6th Sep, 2023

Who Can Avail?


The applicant should be a Indian-citizen, and must be a micro or small enterprise to avail PMMY loans in India.


What is The Age Limit?


The applicant must be between the age group of 18-65 years. So, the minimum age is 18 and the maximum age is 65 for Mudra Loan

The Loan Amount?


Loan amounts under PMMY range from INR 50,000 to INR 10 lakhs, depending on the category: Shishu, Kishore, or Tarun.

Types Of Businesses


PMMY supports various sectors, including manufacturing, services,  trading, and agriculture, benefiting small and micro-businesses.

Required Documents


Applicants typically need ID proof, address proof, business plan, and income details to apply for PMMY loans.

How to Apply?


To apply for Mudra loans, visit a participating bank, fill the application form, and provide required documents.