Pradhan Mantri Mudra Yojana (PMMY) – Full Details

प्रधानमंत्री मुद्रा योजना (PMMY) – पूरी जानकारी विस्तार से

Scheme Overview (योजना का अवलोकन)

Launched by Prime Minister Narendra Modi on 8 April 2015, Pradhan Mantri Mudra Yojana (PMMY) aims to support micro and small enterprises (MSMEs) that often face challenges in accessing credit from formal banking.

This scheme is managed by MUDRA Ltd. (Micro Units Development and Refinance Agency), which provides refinancing to banks/NBFCs giving out these loans.

योजना का उद्देश्य है उन छोटे व्यवसायों को आर्थिक सहायता देना जो पारंपरिक बैंकिंग सिस्टम में ऋण नहीं ले पाते।

Loan Types (ऋण की श्रेणियाँ)

Category	Loan Limit	Stage of Business	Purpose
Shishu	₹0–₹50,000	Idea/Startup	Initial working capital, raw materials
Kishore	₹50,001–₹5 lakh	Growth	Machinery purchase, stock expansion
Tarun	₹5 lakh–₹10 lakh	Expansion	Infrastructure, scaling-up

These segments ensure graduated growth as the enterprise matures.

Lending Institutions (कर्ज देने वाले संस्थान)

Mudra loans are provided through:

Public Sector Banks (SBI, PNB, BOB, etc.)
Private Sector Banks (HDFC, ICICI, Axis, etc.)
Regional Rural Banks (RRBs)
Co-operative Banks
Small Finance Banks
Micro Finance Institutions (MFIs)
Non-Banking Finance Companies (NBFCs)

💡 Over 25 crore Mudra loans have been sanctioned since 2015.

Key Features (मुख्य विशेषताएं)

No collateral/security required
No processing fees (especially for Shishu)
Quick loan disbursal
Tenure: Up to 5 years, with flexible EMI options
Mudra Debit Card issued for easy withdrawals
Government Credit Guarantee through CGFMU/CGTMSE

Mudra Loans for Women Entrepreneurs (महिलाओं के लिए विशेष सुविधा)

Around 68% of total Mudra loans are availed by women.
Special push through Mahila Udhyami Scheme.
Banks are encouraged to offer concessional interest rates to female entrepreneurs.

💪 उदाहरण:

सुमन देवी (बिहार): शिशु लोन लेकर सब्जी बेचने का स्टार्टअप शुरू किया।
अंजलि शर्मा (महाराष्ट्र): ब्यूटी पार्लर खोलकर अब 6 महिलाओं को रोजगार दे रही हैं।

Sector-Wise Usage (किन सेक्टर्स में उपयोग होता है)

Mudra loan supports over 30+ types of small enterprises such as:

Sector	Activities
Manufacturing	Textile, food processing, handicrafts
Services	Beauty parlours, mobile repair, coaching centers
Trade	Kirana stores, vegetable vendors, general stores
Transport	E-rickshaw, auto rickshaw, goods carrier
Agri-allied	Poultry, dairy, fishery (non-farm activities)

Digital Platform Access (ऑनलाइन आवेदन प्रक्रिया)

Apply Online via:

https://www.udyamimitra.in
Bank-specific portals (e.g., SBI, PNB)
Jan Samarth Portal https://www.jansamarth.in

Step-by-Step Guide:

Register your business online
Select the loan category
Fill personal & business details
Upload documents
Choose lender & submit application

Loan Repayment Terms (भुगतान नियम)

Loan tenure: 3–5 years
Flexible repayment through monthly/quarterly EMIs
No prepayment charges for early closure
Moratorium period up to 6 months in some cases

State-wise Performance (राज्यवार प्रदर्शन)

States with highest disbursals:

Rank & State	Amount Disbursed (approx.)
1. Uttar Pradesh	₹50,000+ crore
2. Tamil Nadu	₹45,000+ crore
3.Maharashtra	₹43,000+ crore
4.Bihar	₹38,000+ crore
5.West Bengal	36,000+ crore

Bihar and Uttar Pradesh are rapidly growing in rural Mudra loan adoption.

Statistics & Achievements (उपलब्धियाँ)

Over ₹22 lakh crore disbursed since inception
25 crore+ beneficiaries
60%+ loans in Shishu category, ensuring grassroots development
35%+ loans to SC/ST/OBC categories

Frequently Asked Questions (FAQs)

Q: Can Mudra loan be used for education?
A: ❌ No. It is only for income-generating business activities.

Q: Is it necessary to have a business plan?
A: ✅ Yes, especially for Kishore and Tarun loans.

Q: Can I take Mudra loan for agriculture?
A: ❌ Only non-farm allied activities like dairy, poultry are allowed.

Q: Is subsidy available?
A: ✅ Indirect subsidy through CGTMSE credit guarantee and interest concessions.

✅ 1. What is the maximum amount I can get under Mudra Loan?

आप मुद्रा लोन में अधिकतम कितनी राशि ले सकते हैं?

You can get up to ₹10 lakh under PMMY.
प्रधानमंत्री मुद्रा योजना के तहत अधिकतम ₹10 लाख तक का लोन लिया जा सकता है।

✅ 2. Is collateral security required for Mudra loan?

क्या मुद्रा लोन में किसी जमानत की आवश्यकता है?

No, collateral or security is not required.
नहीं, मुद्रा लोन के लिए कोई जमानत नहीं लेनी पड़ती।

✅ 3. Who can apply for Mudra Loan?

मुद्रा लोन के लिए कौन आवेदन कर सकता है?

Small business owners
Startups
Vendors, shopkeepers
Service providers
Women entrepreneurs
Non-farm businesses

किराना दुकानदार, रेहड़ीवाले, टेलरिंग, ब्यूटी पार्लर, मोबाइल रिपेयर, आदि व्यवसाय वाले आवेदन कर सकते हैं।

✅ 4. Can I apply for Mudra loan online?

क्या मैं मुद्रा लोन के लिए ऑनलाइन आवेदन कर सकता हूँ?

Yes. You can apply online at:
✅ https://www.udyamimitra.in
✅ https://www.jansamarth.in

✅ 5. What documents are required for Mudra loan?

मुद्रा लोन के लिए कौन-कौन से दस्तावेज़ चाहिए?

Aadhaar Card
PAN Card
Business address proof
Bank statement (last 6 months)
Passport-size photos
Business plan/project report

✅ 6. Can unemployed youth apply for Mudra loan?

क्या बेरोजगार युवा मुद्रा लोन ले सकते हैं?

Yes, if they intend to start a business.
हां, यदि वे स्वरोजगार या व्यवसाय शुरू करना चाहते हैं तो आवेदन कर सकते हैं।

✅ 7. Do I need a business registration to apply?

क्या मुद्रा लोन के लिए बिजनेस रजिस्ट्रेशन जरूरी है?

For Shishu loans, it may not be required.
For Kishore and Tarun loans, a business license or GST is preferred.

✅ 8. How much time does it take to get the loan?

मुद्रा लोन मिलने में कितना समय लगता है?

If documents are complete, banks typically process it in 7–15 working days.
सभी दस्तावेज़ सही होने पर 7 से 15 दिन में लोन स्वीकृत हो जाता है।

✅ 9. Can I use Mudra loan for agriculture?

क्या मुद्रा लोन खेती के लिए लिया जा सकता है?

No. It is not for core farming but allowed for allied activities like:

Dairy
Poultry
Fisheries
खेतों में खेती के लिए नहीं, लेकिन डेयरी, पोल्ट्री आदि के लिए इस्तेमाल किया जा सकता है।

✅ 10. What is the interest rate for Mudra loan?

मुद्रा लोन पर ब्याज दर क्या होती है?

It varies between 8.5% to 12% depending on bank, amount, and category.
यह बैंक और ऋण श्रेणी के अनुसार 8.5% से 12% के बीच होती है।

✅ 11. What is a MUDRA Card?

मुद्रा कार्ड क्या होता है?

MUDRA card is like a debit card issued on the loan account.
You can use it to withdraw cash or make purchases.

मुद्रा कार्ड एक डेबिट कार्ड होता है जिससे जरूरत के अनुसार पैसे निकाले जा सकते हैं।

✅ 12. Can I apply for Mudra loan if I already have a personal loan?

अगर पहले से लोन चल रहा है, तो क्या मुद्रा लोन मिलेगा?

Yes, if your repayment history is clean and CIBIL score is good.

✅ 13. How is Mudra loan repaid?

मुद्रा लोन चुकाने का तरीका क्या है?

Through monthly or quarterly EMIs, tenure up to 5 years, depending on loan category.

✅ 14. Is there any subsidy on Mudra loan?

क्या मुद्रा लोन में कोई सब्सिडी मिलती है?

There’s no direct subsidy, but credit guarantee & interest support is given via other government schemes.

✅ 15. Can a group of people take Mudra loan jointly?

क्या कोई समूह मिलकर मुद्रा लोन ले सकता है?

Yes, Joint Liability Groups (JLGs) or Self Help Groups (SHGs) can apply collectively.

✅ 16. How many times can I take a Mudra loan?

क्या मैं एक से ज्यादा बार मुद्रा लोन ले सकता हूँ?

Yes. After successful repayment, you can apply again in a higher category.

✅ 17. Is CIBIL score mandatory for Mudra loan?

क्या मुद्रा लोन के लिए CIBIL स्कोर जरूरी है?

Not compulsory for Shishu.
Recommended for Kishore and Tarun.

✅ 18. Is Mudra loan available for E-rickshaws or autos?

क्या ई-रिक्शा या ऑटो के लिए मुद्रा लोन मिल सकता है?

✅ Yes, it is one of the most popular categories under PMMY.

✅ 19. What happens if I fail to repay the Mudra loan?

अगर मैं मुद्रा लोन नहीं चुका पाया तो क्या होगा?

The bank may report it to credit bureaus, initiate legal recovery, and bar you from future loans.

✅ 20. Is Mudra Yojana still active in 2025?

क्या मुद्रा योजना 2025 में भी चालू है?

✅ Yes, it’s a continuous and active scheme with annual disbursals under the Union Budget.