Closing SoonDebt
Pradhan Mantri MUDRA Yojana (PMMY)
Offered by MUDRA (Micro Units Development & Refinance Agency)
Overview
Pradhan Mantri MUDRA Yojana offers collateral free loans to non-farm micro and small enterprises, in four tiers from Rs 50,000 (Shishu) up to Rs 20 lakh (Tarun Plus), through banks, NBFCs, and MFIs.
Eligibility
- Any Indian citizen with a business plan for a non-farm income generating activity in manufacturing, processing, trading, or services
- Individual entrepreneurs, proprietorships, partnerships, and small companies with credit needs up to Rs 20 lakh
- Must not be in default on a previous loan
Funding Purpose
Collateral-free micro-loans for small, income-generating businesses.
Application Process
Apply to a Member Lending Institution (scheduled commercial banks, regional rural banks, small finance banks, NBFCs, or microfinance institutions) using the common PMMY loan application form, or via the JanSamarth portal.
Apply Now ↗
How to Apply
- 1Click "Apply Now" above and submit your application directly on the official page.
- 2The offering organisation screens applications against its own eligibility criteria.
- 3Shortlisted applicants may be invited to a pitch or interview round.
- 4The final decision rests solely with the offering organisation.
- 5There is no guarantee of funding at any stage.
Before You Apply
- ZeedFund is an independent tracker, not the offering organisation or a funding body.
- Verify current eligibility, funding amount, and deadline on the official page before applying. Details can change after we last verified them.
- Once you apply, all follow-up (screening updates, interview or pitch invites, and the final decision) comes directly from the facilitator, incubator, or investor, never from ZeedFund. Check their application portal or email yourself for status updates; we won't have visibility into it.