{Loan} Pradhan Mantri Mudra Yojana Online Application | PMMY Application Form | Mudra Loan

As you all know, due to the global epidemic of Coronavirus, there has been a lockdown in our country for a long time. Due to this lockdown, the economic condition of the people of the country has been greatly affected. Keeping this in mind, our country’s Finance Minister Nirmala Sitharaman had announced the Self-Reliant India Campaign on 14 May 2020. Under the Atmanirbhar Bharat Abhiyan, all those people who have taken Shishu loan under Pradhan Mantri Mudra Yojana will be provided financial assistance of 2% in interest amount for 12 months.

PMMY 2023

The age of the applicants applying under this scheme should be 18 years or more. Before the introduction of this scheme in our country, to start their own business, entrepreneurs had to visit banks to get loans and had to face many difficulties and could not get loans without guarantee, but now PMMY 2023 Under this, all the entrepreneurs will be able to easily get loans up to 10 lakhs by the bank. Mudra loans are provided by commercial banks, RRBS, small finance banks, cooperative banks, MFIs. Mudra Loan Scheme There is no fixed interest rate under Mudra loan, different interest rates are charged for different banks. Mainly the interest rate is 12%.

Mudra Loan Types

• Shishu Loan – Under Shishu loan, a loan of up to Rs 50,000 will be given by the bank.
• Kishore Loan – Under Kishor loan, loans ranging from Rs 50,000 to Rs 5 lakh will be given by the bank.
• youth loan Under Tarun loan, loan from 5 lakh to 10 lakh will be given by the bank.

Beneficiaries of PMMY 2023

Benefits of Pradhan Mantri Mudra Yojana

• The benefit of this scheme will be given to the entrepreneurs of the country.
• It is helping the entrepreneurs of the country to get loans from banks at concessional rates to start their own industries.
• Pradhan Mantri Mudra Yojana Under this, the central government is providing loans up to 10 lakhs by the bank.
• You will not have to give any guarantee to take a loan under this scheme.
• Through this scheme, the people of the country can start their own business by getting the loan from the government.

Stand Up India Loan Scheme

Pradhan Mantri Mudra Yojana Required Documents (Eligibility)

• The age of the applicant applying should not be less than 18 years.
• Aadhar Card
• identity card of the applicant
• Driving License, PAN Card
• Voter ID Card
• balance sheet of previous years
• sales tax return, income tax return
• Postal address
• mobile number
• bank account

Features of Pradhan Mantri Mudra Yojana

• Pradhan Mantri Mudra Yojana was launched on 8 April 2015 by the Prime Minister of our country Shri Narendra Modi.
• Through this scheme, loans up to ₹ 1000000 are provided to non-corporate, non-agricultural small / micro enterprises.
• The loan provided under Pradhan Mantri Mudra Yojana is called Mudra loan.
• These loans are provided by commercial banks, small finance banks, non-banking financial institutions, etc.
• Three types of loans are provided under this scheme, which are Shishu, Kishor and Tarun loans.
• Loans up to ₹ 50000 are provided under Shishu loan.
• Loans ranging from ₹ 50000 to ₹ 500000 are provided under Kishor Loan.
• Loans ranging from ₹ 500000 to ₹ 1000000 are provided under Tarun Loan.

Lending Activities

Under Pradhan Mantri Mudra Yojana, Mudra loan is given for the purpose of generating income and employment. This loan is provided for the following activities.

• Business loans for vendors, traders, shopkeepers and other service sector activities.
• Working Capital Loan through Mudra Card.
• Equipment finance for micro units.
• Transport vehicle loan for business use only.
• Loans for agriculture related non farm income generating activities such as fisheries, bee keeping, poultry etc.
• The loan was for tractor, teller and two wheeler which are used only for business purposes.

Mudra Card under Pradhan Mantri Mudra Yojana

Mudra Card is a type of debit card offered to Mudra loan holders. This card works like an ATM card for a savings account. Through this card you can withdraw money from ATM. The loan is sanctioned by the bank in your name up to a limit. You can withdraw money through this card up to the limit sanctioned by the bank. Through this card, the working capital needs of the business can be met. currency card Through this, currency transactions become completely digital. By using this card, the beneficiary can withdraw money through ATMs from any corner of the country and also make payments through Point of Sale machines.

How to apply in Pradhan Mantri Mudra Yojana 2023?

If you want to get a loan from the bank to start your industry by applying under Pradhan Mantri Mudra Yojana, then you have to use the methods given below.

• First of all, the applicant will have to fill the application form from the concerned bank to apply under this scheme.
• After this, all the information asked in the application form like name, address, mobile number, Aadhaar card number etc. will have to be filled and all the documents will have to be attached and submitted to the concerned bank.
• After this, after verifying your application form and all the documents by the bank official, the loan amount will be sent to your bank account within 1 month.
• In this way your application will be completed and you will be able to start your own business with the loan amount received.

Procedure to Download Pradhan Mantri Mudra Yojana Toll Free Number

• First of all you need to know about Pradhan Mantri Mudra Yojana official website will go on
• Now it will open in front of you on Home.
• on the home page you contact us Have to click on the link.

• Now a new page will open in front of you, in which you will have to click on the download link written next to the PMMY toll free number.
• As soon as you click on this link all state wise toll free numbers will be downloaded.

Procedure to Login to PMMY Portal

• First of all you need to know about Pradhan Mantri Mudra Yojana official website will go on
• Now it will open in front of you on Home.
• after that you login for pmmy portal Have to click on the link.

• Now the login form will open in front of you, in which you will have to login by filling user name, password and captcha code.
• In this way you will be able to login to PMMY portal.

Helpline Number

In our ID article we Pradhan Mantri Mudra Yojana All the important information related to has been provided to you. If you are still facing any problem then you can contact on toll free number to solve your problem. Or you can also send email. You can know the toll free number by following the process given above and the email id is something like this.

Important Downloads