PM Mudra Loan Yojana: The central government is trying to take all possible steps to promote the youth further. Its main objective is that all the youth of the country become autonomous and be able to improve their lives. In this connection, special facilities are being provided by the central government for those who are interested in business but do not have enough capital to start a business.
The loan is being provided to all individuals through Indian commercial banks, as per the common terms and conditions. All the applicants are required to follow the guidelines of the scheme. If you also want to get a loan under the Pradhan Mantri Mudra Loan Yojana, then you should get all the important information.
PM Mudra Loan Scheme 2024
It is necessary for the loan takers to register under the PM Mudra Yojana launched by the Prime Minister. When your registration gets approved by the government, you will be provided with a loan. A portal has been created for registration under the Pradhan Mantri Mudra Loan Yojana, people interested in getting a loan can apply on this portal.
Pradhan Mantri Mudra Loan Yojana is a national scheme, which can benefit the youth of all the states of the country. Under this scheme, business loans are provided based on their business status, i.e. the amount of loan is provided according to the type of business one wants to start.
About PM Mudra Yojana
Pradhan Mantri Mudra Loan Yojana, launched by Prime Minister Shri Narendra Modi, was started on 8 April 2015. Its main objective is to promote youth in business sector and reduce unemployment in the country. Under Pradhan Mantri Mudra Loan Yojana, loans are being provided to youth as per their requirement from 2015 to the current year.
Under the PM Mudra Loan Scheme, loans ranging from ₹50,000 to ₹10 lakh are provided to the youth. There are three types of these loans – Shishu Loan, Kishor Loan, and Tarun Loan. Under Shishu Loan, loans ranging from ₹50,000 to ₹2,00,000 are provided. Under Kishor Loan, an amount ranging from ₹2,00,000 to ₹5,00,000 is available. For Tarun Loan, loans ranging from ₹5,00,000 to ₹10 lakh are provided.
50 lakh loan on goat rearing
PM Mudra Yojana Eligibility
- Young citizens who are natives of India can apply for this scheme.
- The age of the applicant should be above 18 years.
- Any person who fulfils the eligibility criteria and guidelines issued by the government regarding this scheme can apply.
- A person who wants to start his own business can get loan under this scheme.
Nabard Dairy Loan
PM Mudra Yojana Application Process
- First of all PM Mudra Yojana official website Go to|
- Now on the home page, select the category under which you want to apply i.e. Shishu, Kishor, Tarun.
- Now a new page will open in front of you.
- You will see the application form on this page, download it.
- After downloading the application form, take a printout and enter the required information in the application form.
- Now attach the required documents with the application form.
- Now submit the application form in the bank branch from which you want to get loan under this scheme.
- You can get detailed information about this scheme from the concerned staff.
- In this way you can apply under PM Mudra Yojana.