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Mudra Loan
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The Pradhan Mantri Mudra Yojana or PMMY is a flagship scheme of the Government of India to
extend affordable credit to micro andLoans
small enterprises.Mudra
Digital
Accounts Investmentsschemes are designed to bring
Insurance
enterprises into the formal financial system, or to “fund the unfunded”. Loans under PM Products
mudra
Benefits Features Eligibility
loan scheme are available to non-farm micro or small enterprises Documentation
engaged in income Most Imp
generation
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through manufacturing, trading and services. Apply for a Mudra Loan online today and use the
Mudra EMI calculator facility to grow your business. Read Less

Apply now

Mudra Loan : Most Important Terms and

Conditions (MITC)
Maximum Limit
Rs. 10 lakhs

Repayment Period
Term / Demand - Maximum up to 84 months with suitable moratorium subject to
annual review

Working Capital – For 12 months subject to annual review

Margin
As per Banks Guidelines
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Digital
Accounts Loans Investments Insurance
Products
Processing
Benefits FeeFeatures Eligibility Documentation Most Imp
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Nil for all category

Security
Hypothecation of assets created by Banks finance

No collateral

Insurance / Guarantee
Mudra loans are covered under CGTMSE coverage.

Pre-closure charges
Nil

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