Pradhan Mantri MUDRA Loan Yojana

Pradhan Mantri MUDRA Loan Yojana

MUDRA (Micro Units Development and Refinance Agency Ltd.) is an enterprise that supports Micro enterprise within the country for NBFC development. The enterprise offers with refinance schemes to support Micro finance industries and Banks, that are in need to loan for up to Rs 10 lakh in value. The loan assistance is provided by MUDRA under the MUDRA Yojana offered by Pradhan Mantri. Apart from this, it offers with a number of other related products for development within this sector.

mudra loan business

Launch Details

Here we have stated various aspects related to its launch details.

Name Pradhan Mantri’s MUDRA Yojana
Launch Dates Government Of India notification – 18th April 2016. Valid for all micro loans approved after 8th April 2015.
Launched BY The scheme has been officially launched by the Government Of India under CGFMU (Credit Guarantee Fund for Micro Units)
Supervised By The scheme once launched will be supervised and managed by NCGTC (National Credit Guarantee Trustee Company Ltd.
Official Website http://www.mudra.org.in/
Contact Number Shri Jiji Mammen (CEO) – 67531307

Shri Sanjay Shrivastav (DGM) – 67531229

Shri A.Misra (AGM) – 67531317

(You can also collect toll free numbers state wise on official website)

Categories in MUDRA Loan

MUDRA offers with numerous products and schemes for people under PMMY category. These products and schemes are termed as “Shishu”, “Tarun” and “Kishor”. Each one signifies a particular growth stage of the product or scheme offered by MUDRA.

Each stage mentioned above also signifies and caters to the needs and requirements of deserving micro unit enterprise. At the same time it offers with reference towards the next stage in development.

  • Shishu – Under MUDRA this Micro funding stage covers all Micro units that are in need of loan amount up to Rs 50,000 in value.
  • Kishor – For Micro Units MUDRA offers with financial assistance between Rs 50,000 to a maximum of Rs 5 lakh as loan for their establishments.
  • Tarun – Micro units are also offered with loan assistance by MUDRA under this category to meet their requirements between Rs 5 lakh to Rs 10 lakh for their units.

The enterprise also focuses more on offering assistance to Shishu category as compared to Kishor and Tarun that are its next preference categories for offering financial assistance.

With an aim to offer assistance and development in business activities and sectors along with enterprise segments, MUDRA looks into all objectives for micro unit sectors via the products offered.

Funding support offered by MUDRA

MUDRA offers with four distinct types of funding assistance and support:-

  • Micro credit Scheme (MCS) – This particular support is offered by MUDRA to various micro enterprises via MFIs (Micro Financial Institutions). Under his support they offer with a credit limit of Rs 1 lakh to enterprises so they can under take all enterprise activities.

The finding support is also offered via JLG and SHG in the form of loan amounts to help them take care of their enterprise activities. It is also expected that MFIs have to get registered with MUDRA.

  • Refinance schemes (banks) – In general, various corporative banks (Scheduled), regional rural banks and Commercial banks are valid to seek refinance support via MUDRA. This assistance is offered to them in the form of capital and term loan amount. The amount given is equivalent to around Rs 10 lakh for each unit. All registered banks and financial institutions can request for support under any three categories offered.
  • Women Enterprise Program – This scheme is offered with an aim to encourage women entrepreneurs. They are offered with extra facilities from banks and institutions. The interest rate offered is also low with a reduction equivalent to 25bps, given to the financing banks.
  • Loan portfolio securitization – Support is also offered by MUDRA to various banks/ MFIs/NBFCs for making the funds available for loan. All their assets are also secured by MUDRA and provide them with loss default guarantee. At the same time it provides with PTC (pass through certificates) for the investors.

20 comments

  1. SATISH AMRUTKAR

    I HAVE APPLIED FOR MUDRA LOANS I SBI SHIVAJI NAGAR BR,NASHIK MAHARASHTRA ON 12 APR 2018.
    BUT TODAY ONE OF OFFICIALS SAID YOU ARE NOT ELIGIBLE FOR MUDRA AS YOU HAVE ALREADY LOAN.
    AS PER MY GIVEN DOCUMENTS ,I HAVE SUBMITTED MY HOME LOAN ACCOUNTS DETAIL AND AS I HAVE
    FMCG DISTRIBUTION IN NASHIK AS I NEED COMMERCIAL VEHICLE,SO I HAVE COMMERCIAL VEHICLE LOAN
    FROM UNION BANK OF INDIA.
    PLEASE TELL ME I HAVE ELIGIBLE FOR MUDRA LOAN OR NOT
    8308312588

    • I think bankers are misguided you if your civil score is good you are legible for this. You may file a complaint against bank authority to their senior or site of mudra.

    • how to get a businness loan in bihar?

  2. how to get a business loan

  3. Sudev Das Gupta

    Bank balo ke pass jao to koi sunta hi nhi hai ye log apni pasnd ke logo ko loan dete hai aam garib ki koi nhi sunta garib ko kuch fayeda nhi amiro ko hai

  4. Gurpreet singh

    HELLO SIR,
    IM GURPREET SINGH FATHER NAME SURJEET SINGH VILL.DILLA RAM P.T. JHOK TEHL SINGH DISST/TEH-FIROZPUR,PUNJAB KA RAHNE WALA HU MUJHE APNI SHOP BANANEY K LIYA MUDRA YOJNA KA LOAN CHAIYE TA KE MAI APNA KHUD KA KAM KARLO
    THANK SIR
    MOB-8437577495

  5. I have been running a sports shop in Kerala since last 2 years, I want to rise a loan of Rs 4 lakh, I have no any other loans, can anyone help

  6. Nazneen zeba alam

    I run a small garment bussiness at home..but i dont have any it file or so.i want to expand my bussiness.sl i need the loan to help my family in all aspect.will be highly obliged.

  7. when we are going to any bank for mudra loan bankers are not interested to give, i dont know why our govt not taking any action againest bank, i hv tried many time to get a loan to start a small business but they are not giving, plz give me contact no to contact them to support.
    9861592850 ,pabitrapanda1982@gmail.com

  8. Pls gv papers need for Mudra loan 4 lac
    How much subsidy
    How much time will take for process
    Regards

  9. vaibhav tripathi

    i m from lucknow, all the bank manages are acting like that they dont know anything about the mudra loan.
    my name is vaibhav tripathi i went so many branches like icici, state bank of india, corporation bank , axis bank…
    dont know is the govt making fool of us or the bank managers…
    7081700077

  10. rohit bhagavan kanse

    My name is rohit. i was completed BE Mech from pune but steel jobless. i want get mudra loan for personal buisness. can you tell me procedure for apply this loan.

  11. Hello sir my name is Suresh barik main Kochin Ernakulam vytla main Rehne Wala Hoon mere ko soap banane ke liye Mudra Yojana business loan 5 to 10 lacs chahiye mere ko Mudra Yojana Lanka details Jyada kuch pata nahi hai isliye main aapko Guzaarish Karta Hoon Salon ka baare mein details pura Bataye main aap ka shukar Guzar rahega and my mobile number7907986192

  12. I am from belagum in karanatalk I am graduate so I want 10 lach lone by bussines purpose so ur please help me. And kindly requested to u . So I want uregentely required so please give. So thanks my mobile no 7026238521

  13. I want to take a loan of 500000 and want to keep my EMI ₹ 5000. I want to know WHAT WILL BE INTREST CHARGED how much the principal and interest both together, Of how many year i have to pay instalments

  14. sir i require loan for rs 5 lacs to expand my business of manufacturing and supplying hospital linen

  15. Shiva nand kumar

    I ma shiva nand kumar from bhabua bihar according to mudra yojna no need to guarantee paper for 50000 amount but bank manger take a my land receipt and he always call to me . And say I will close loan account and kurki warrant . So he give me kurki warrant later

  16. Rital Nitin goswami

    I wanted to apply for business loan for that which bank will give subsidy to women entrepreneurs please reply me

  17. Yogesh Panchal

    I am from rajesthan muje apna naya business chalu karna hai jisme muje mundra yojna se lone prapt karna hai to muje jan na hai ki kis tarha me is yojna se lone prapte kar sakta hu jis seme apna naya bussines chalu kau

  18. sir i am looking for loan pls provide bangalore contact detail vil b needful pls help

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