About Mudra Loan
Empowering dreams, one micro-enterprise at a time.
Mudra Loan (Micro Units Development and Refinance Agency), under the Pradhan Mantri Mudra Yojana (PMMY), is designed to fuel small businesses and micro-enterprises across India. Launched in 2015, this transformative scheme offers collateral-free loans up to ₹10 lakh through banks and financial institutions, sparking entrepreneurship and creating millions of jobs. From street vendors to startups, Mudra Loans are the catalyst for inclusive economic growth—over 40 crore loans disbursed, proving that big change starts small. Ready to unlock yours? Connect with a partner bank for tailored guidance on eligibility and seamless applications.
Why Choose Mudra?
Seamless Bank Partnerships
Collaborate with 20+ institutions like Mudra for tailored guidance.
54+ Crore Dreams Funded
₹35+ Lakh Crore Disbursed – Join the entrepreneurial wave!
Paperless Process
Apply digitally via Udyam – Minimal docs, maximum speed.
Mudra Loan Features
Unlock collateral-free growth: Over 57 crore loans disbursed by November 2025, fueling India's micro-revolution—what stage calls to you?
Shishu
Up to ₹50,000 for nascent ideas—seed your dream without roots in security.
Kishore
₹50,001 to ₹5 lakh for budding expansions—nurture your venture's next stride.
Tarun
₹5,00,001 to ₹10 lakh for maturing enterprises—branch toward established heights.
Competitive Rates
Lender-varying but often 8-12%—lower than personal loans, easing your ascent.
Sector-Spanning
Open to manufacturing, services, trading—whatever your craft, Mudra embraces it.
Minimal Fees
Up to 1% processing (lender-dependent)—transparency without the toll.
Collateral-Free
Your idea alone secures the loan—accessibility for the uncollateralized.
Swift Disbursal
From application to funds in days—momentum when your spark needs fuel.
A Mudra Story: Divya's Bakery Bloom
Business Owner: Divya | Type: Home Bakery | Category: Shishu | Amount: ₹50,000
Apply at Local Bank
Via Udyamimitra or branch—simple start.
Submit Essentials
Aadhaar, address proof, basic plan—no collateral chains.
Quick Approval
Digital nod in days—freedom's fast track.
Funds Flow
₹50,000 arrives weekly—your canvas cleared.
Invest & Grow
Oven: ₹20K | Ingredients: ₹15K | Ads: ₹5K | Licenses: ₹10K
Over 3 years, ~₹1,600/month repayments. Divya's ovens hum, customers flock—what's baking in your world?
- Micro/small enterprises in manufacturing, trading, services—your sector's welcome.
- Business stage-aligned: New for Shishu, growing for Kishore/Tarun.
- Registration boosts credibility (Udyam portal optional but empowering).
- Credit score helps; history reviewed for repayment promise.
- Adults (18+), Indian residents—your roots run deep here.
- Stable income signals sustainability—what's your steady stream?
- Identity: Aadhaar, PAN—your proof of self.
- Address: Utility bill or bank statement—home's anchor.
- Business Plan: Simple outline or project snapshot—your vision voiced.
- Financials: Bank statements (6 months)—your flow charted.
- DigiLocker Bonus: Seamless KYC—2025's shortcut to start.
Mudra Loan FAQs: Your Questions, Answered
Over 55 crore loans sanctioned in FY 2024-25 alone—empowering dreams since 2015. What clarity do you seek today?
Still pondering? Apply now or connect with a bank advisor—your question is the start of something vast.