Contents
Short details
| Name of scheme | Pradhan Mantri Mudra Yojana (PMMY) |
| Loan | Collateral free, in four tiers from Rs 50,000 to Rs 20 lakh, backed by CGFMU |
| Tarun Plus | Rs 10 lakh to Rs 20 lakh, only for those who fully repaid a Tarun loan |
| Who | Indian citizen aged 18 to 65 running or starting a non-farm business, credit need under Rs 20 lakh, no default history |
| Interest | Set by each lender, public sector banks typically 8.5 to 12 per cent a year, women often 0.25 per cent less |
| Apply | Through Udyamimitra or Jan Samarth, or a bank branch |
Important Links
| Link | Status |
|---|---|
| Udyamimitra, apply | Click here · Live, checked 15.10.2026 |
| Jan Samarth portal | Click here · Live, checked 15.10.2026 |
| Official MUDRA website | Click here · Live, checked 15.10.2026 |
| Udyam registration | Click here · Live, checked 15.10.2026 |
Loan categories
| Category | Amount | For |
|---|---|---|
| Shishu | Up to Rs 50,000 | New businesses |
| Kishore | Rs 50,001 to Rs 5 lakh | Working capital |
| Tarun | Rs 5 lakh to Rs 10 lakh | Expansion |
| Tarun Plus | Rs 10 lakh to Rs 20 lakh | Repaid a Tarun loan |
FY 2025-26 sanctions, from the MUDRA performance report
| Total | 5,00,26,549 loans worth Rs 6,14,449 crore, 98.4 per cent disbursed |
| Average loan, our arithmetic | About Rs 1.23 lakh |
| Shishu share | 34.6 per cent of the count but 11.2 per cent of the money |
| Women borrowers | 2,88,67,071 loans, 57.7 per cent of count and 35.8 per cent of amount, average about Rs 76,300 |
| Tarun Plus use | 0.2 per cent of borrowers in its first full year |
Written By: Ravi Kumar
Ravi Kumar owns and edits Global Drishti. Recruitment, result and scheme details are read from the issuing body's own notice or portal and dated on the page. Questions or corrections: 8619679760 or support@globaldrishti.in.
Frequently Asked Questions
What is the maximum PM Mudra loan?
Rs 20 lakh under Tarun Plus, open only after a Tarun loan is fully repaid.
Does Mudra loan need collateral?
No. All four categories are collateral free and backed by CGFMU.
Where do I apply for a Mudra loan?
On Udyamimitra or Jan Samarth, or at a bank branch.