PM Mudra Yojana
✓ Information verified — April 2026PM Mudra Yojana is a central government scheme run by the Ministry of Finance that provides collateral-free micro loans to help individuals start or expand small and micro businesses. The scheme is designed for non-corporate, non-farm entrepreneurs who want to become self-employed. Loans up to ₹10 lakh are available without requiring any collateral or security.
What You Get
- Collateral-free loans (no need to pledge property or assets)
- Loans up to ₹50,000 under Shishu category for new entrepreneurs
- Loans from ₹50,001 to ₹5 lakh under Kishore category for growing businesses
- Loans from ₹5 lakh to ₹10 lakh under Tarun category for established businesses
- Loans available at competitive interest rates from banks and financial institutions
- Flexible repayment terms based on business cash flow
Who Can Apply
- Age: 18–65 years
- Must be an Indian citizen aged 18 years or above
- Should be a non-corporate, non-farm small or micro entrepreneur
- Can be self-employed or planning to start a new business
- No income limit specified for eligibility
- Should not have an existing loan from any formal financial institution for the same business
Documents Needed
0/6 collected
- 1. Aadhaar Card
- 2. PAN Card
- 3. Bank Passbook
- 4. Business Plan
- 5. Identity Proof
- 6. Address Proof
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal: Apply here
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- Central Government
- Ministry
- Ministry of Finance
- Category
- Financial
- Target Gender
- All genders
- Age Group
- 18–65 years
- Launched
- 8 Apr 2015
- Application
- Online
- Last Updated
- 25 Apr 2026
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