SchemeKendra logoSchemeKendra
CentralEntrepreneurshipFinancial Inclusion

Pradhan Mantri Mudra Yojana (PMMY)

Collateral-free micro-loans (Shishu/Kishor/Tarun) for non-farm small businesses.

Pradhan Mantri Mudra Yojana (PMMY) eligibility, benefits, and the application process are summarised below to help you decide whether this central government scheme from Ministry of Finance (MUDRA) suits your needs. You are generally eligible if you are any eligible resident as per the official scheme guidelines. Key benefits include Collateral-free working-capital and term loans for micro-enterprises, Loans from ₹50,000 up to ₹20 lakh (revised Tarun Plus) and supports small businesses, vendors, and self-employed people. To apply for Pradhan Mantri Mudra Yojana (PMMY), apply at any bank, NBFC, or MUDRA partner lender with a business plan and KYC documents. A Mudra card may be issued for working capital.

Open official source ↗Ministry of Finance (MUDRA)

About the scheme

PMMY provides collateral-free loans through MUDRA to micro and small enterprises in the non-farm sector, split into Shishu (up to ₹50,000), Kishor (up to ₹5 lakh), and Tarun (up to ₹10 lakh) categories.

Launched: 2015

Benefits

  • Collateral-free working-capital and term loans for micro-enterprises
  • Loans from ₹50,000 up to ₹20 lakh (revised Tarun Plus)
  • Supports small businesses, vendors, and self-employed people

How to apply

Apply at any bank, NBFC, or MUDRA partner lender with a business plan and KYC documents. A Mudra card may be issued for working capital.

Apply / read on official site ↗

FAQ — eligibility, benefits & apply

What is the eligibility for Pradhan Mantri Mudra Yojana (PMMY)?

Eligibility for Pradhan Mantri Mudra Yojana (PMMY) broadly covers any eligible resident as per the official scheme guidelines. It is a central government scheme administered by Ministry of Finance (MUDRA).

What are the benefits of Pradhan Mantri Mudra Yojana (PMMY)?

Pradhan Mantri Mudra Yojana (PMMY) provides the following benefits: Collateral-free working-capital and term loans for micro-enterprises; Loans from ₹50,000 up to ₹20 lakh (revised Tarun Plus); Supports small businesses, vendors, and self-employed people.

How do I apply for Pradhan Mantri Mudra Yojana (PMMY)?

To apply for Pradhan Mantri Mudra Yojana (PMMY), apply at any bank, NBFC, or MUDRA partner lender with a business plan and KYC documents. A Mudra card may be issued for working capital. Submit your application only through the official source linked on this page.

What documents are required for Pradhan Mantri Mudra Yojana (PMMY)?

Required documents vary by scheme and are listed on the official source. Commonly needed: Aadhaar, bank passbook, income or caste certificate, ration card, and (for farmer schemes) land records. Confirm the exact list on the official portal linked on this page.

How do I check my Pradhan Mantri Mudra Yojana (PMMY) application or status?

Status and applications are handled on the official government portal, not here. Open the official source linked on this page and use its tracking or beneficiary-search tool. SchemeKendra is informational and does not process applications.

Who is NOT eligible for Pradhan Mantri Mudra Yojana (PMMY)?

Eligibility exclusions depend on the scheme's criteria (income, age, occupation, social category, state). Review the eligibility-at-a-glance panel and the official guidelines linked here to confirm whether you qualify.

Related schemes

You may also qualify for

CentralPension Fund Regulatory and Development Authority (PFRDA)

Atal Pension Yojana (APY)

Guaranteed monthly pension of ₹1,000–₹5,000 from age 60 for the unorganised sector.

Financial InclusionSocial Welfare
CentralMinistry of Electronics & Information Technology

Digital India / Common Service Centres (CSC)

Digital access to government services via CSCs and online platforms for every citizen.

Financial InclusionEmployment & Jobs
CentralMinistry of Housing & Urban Affairs

Pradhan Mantri Awas Yojana – Urban (PMAY-U)

Housing for all in urban areas with interest subsidy on home loans for EWS, LIG and MIG households.

Housing & SanitationFinancial Inclusion