PM Mudra Yojana 2025: Apply Online for Business Loan up to ₹10 Lakh – Full Guide
Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of the Government of India launched to provide collateral-free loans up to ₹10 Lakh to non-corporate, non-farm small/micro enterprises.
Objectives of Mudra Yojana
- Encourage self-employment and entrepreneurship
- Provide access to credit for small business units
- Promote financial inclusion
- Create job opportunities in rural and semi-urban areas
Types of Mudra Loans
| Loan Type | Loan Amount | Suitable For |
|---|---|---|
| Shishu | Up to ₹50,000 | Startups & new businesses |
| Kishor | ₹50,001 – ₹5 Lakh | Growing businesses |
| Tarun | ₹5 Lakh – ₹10 Lakh | Established businesses |
Banks and Institutions Offering Mudra Loans
- Public Sector Banks (SBI, BOB, etc.)
- Private Sector Banks (HDFC, ICICI, etc.)
- Regional Rural Banks (RRBs)
- Micro Finance Institutions (MFIs)
- Non-Banking Financial Companies (NBFCs)
Eligibility Criteria
- Indian citizens aged 18–65 years
- Startups and existing small businesses
- Non-farm, income-generating activities
Documents Required
- Identity Proof: Aadhaar, PAN, Voter ID
- Address Proof: Aadhaar, utility bill
- Business Proof: GST or trade license
- Bank statement (last 6 months)
- Photographs, Quotation/Project Report (for Kishor & Tarun)
How to Apply for Mudra Loan Online
- Visit your bank’s official website
- Navigate to the PM Mudra Loan section
- Select Shishu, Kishor, or Tarun loan
- Fill in the application form with required documents
- Submit and track your application
Offline Application Process
Visit your nearest bank branch, collect the PMMY form, attach required documents, and submit to the loan officer.
Interest Rates and Repayment
- Interest rate starts from 8% per annum
- Repayment tenure: 12 months to 5 years
- No collateral required
Benefits of PM Mudra Yojana
- No collateral required
- Low interest and flexible EMIs
- Supports business expansion
- Special support for women and weaker sections
Sectors Covered
- Retail shops, textile, manufacturing
- Beauty parlors, repair workshops
- Food processing, coaching centers, freelancers
MUDRA Card
Some banks issue a MUDRA Debit Card allowing flexible withdrawals instead of one-time loan disbursal.
Loan Renewal & Top-Up
You can renew or top-up your Mudra Loan upon successful repayment history with proper documentation.
Mudra Yojana Helpline
- Phone: 1800 180 1111 / 1800 11 0001
- Email: help@mudra.org.in
- Official Website: www.mudra.org.in
Download Mudra Loan Form
📥 Download Application FormConclusion
PM Mudra Yojana is a powerful scheme for India’s small business owners and job creators. Apply today and unlock the financial support you need to grow and succeed.
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