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Startup-relevant scheme · Ministry of Finance

Pradhan Mantri Mudra Yojana (PMMY)

Open nowChecked 3 October 2026

Active. Shishu (≤₹50,000), Kishor (≤₹5 lakh), Tarun (≤₹10 lakh) and Tarun Plus (₹10–20 lakh, for borrowers who repaid an earlier Tarun loan; added Oct 2024). Apply at any bank/NBFC/MFI or via JanSamarth / Udyamimitra.

Amount
Loans up to ₹20 lakh
Type of support
Loan / Credit
Best for
Seed / Early-Stage, Growth / Scaling
Who can apply
Aspiring founders, MSMEs
Go to the official portalSource: DPIIT playbook p. 90

PMMY helps small businesses and entrepreneurs get collateral-free loans so they can start, run, or expand income-generating activities.

Who can apply?
  • Individuals, Proprietary, Partnership Firm, Private Ltd. Company, Public Company, any other legal forms.
What do you get?
  • Term Loan / Overdraft/ Working Capital / Composite Loan for acquiring assets are required.
  • Loans shall be granted across the following types of loans:
  • Shishu Loan: up to ₹50,000
  • Kishor Loan: ₹50,000 to ₹5 lakh
  • Tarun Loan: ₹5 lakh to ₹10 lakh
  • TarunPLus Loan: ₹10 lakh to ₹20 lakh.
How to apply

Mudra loans are available at all bank branches across the country. Mudra loans are also issued by NBFCs / MFIs who are engaged in financing for micro enterprises in small business activities. It can also be applied through the Jan Samarth Business Loan Portal (https://www.jansamarth.in/business-loan-pradhan-mantri-mudra-yojana-scheme) or Udyamimitra portal (www.udyamimitra.in).

Objectives

MUDRA is a refinancing Institution. It provides loans of up to ₹20 lakh to income generating micro/small business entities engaged in trading, manufacturing, service, activities allied to agriculture, poultry, farming etc.

Key links

Deadlines, amounts and windows change. Check the official portal before you apply.

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