Under the aegis of Pradhan Mantri MUDRA Yojana (PMMY), MUDRA has created three products i.e. 'Shishu', 'Kishore' and ‘Tarun’ as per the stage of growth and funding needs of the beneficiary micro unit. These schemes cover loan amounts as below:
Shishu: covering loans up to Rupees 50,000
Kishore: covering loans above Rupees 50,000 and up to Rupees 5,00,000
Tarun: covering loans above Rupees 5,00,000 and up to Rupees 10,00,000
Under the Shishu stage, The maximum Loan amount is RS.50, 000 for small businesses.
Businesses/entrepreneurs/units covered would include proprietorship/partnership firms running as small manufacturing units, shopkeepers, fruits/vegetable sellers, hair cutting saloon, beauty parlours, transporters, truck operators, hawkers, co-operatives or body of individuals, food service units, repair shops, machine operators, small industries, artisans, food processors, self help groups, professionals and service providers etc. in rural and urban areas with financing requirements upto Rs.10 lakh.
Shishu: covering loans up to Rupees 50,000
Kishore: covering loans above Rupees 50,000 and up to Rupees 5,00,000
Tarun: covering loans above Rupees 5,00,000 and up to Rupees 10,00,000
Under the Shishu stage, The maximum Loan amount is RS.50, 000 for small businesses.
Businesses/entrepreneurs/units covered would include proprietorship/partnership firms running as small manufacturing units, shopkeepers, fruits/vegetable sellers, hair cutting saloon, beauty parlours, transporters, truck operators, hawkers, co-operatives or body of individuals, food service units, repair shops, machine operators, small industries, artisans, food processors, self help groups, professionals and service providers etc. in rural and urban areas with financing requirements upto Rs.10 lakh.
Loan info published @ https://all-loan.blogspot.com/
Mudra Loans could be availed for the following
Vehicle loan: Commercial vehicle loan, Car loan and Two-wheeler loan
Business Installment Loan (BIL): Loan for working capital requirement, buying plant and machinery, renovating offices etc.
Business Loans Group Loans (BLG) and Rural Business Credit (RBC): We offer Drop line overdraft/Overdraft facility/Working capital loans
Click here for details of Documents required for Loan under Shishu Loan
Mudra Loans could be availed for the following
Vehicle loan: Commercial vehicle loan, Car loan and Two-wheeler loan
Business Installment Loan (BIL): Loan for working capital requirement, buying plant and machinery, renovating offices etc.
Business Loans Group Loans (BLG) and Rural Business Credit (RBC): We offer Drop line overdraft/Overdraft facility/Working capital loans
Click here for details of Documents required for Loan under Shishu Loan