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How to Get Mudra Loan - Pradhan Mantri Mudra Yojana(PMMY) details in Hindi

Pradhan Mantri Mudra Yojana (PMMY), aims to be an integrated financial and services support provider, so as to create an inclusive, sustainable and value-based entrepreneurial culture and achieve economic, financial and social development in India. Mudra Yojana has proved to be the flagship scheme of the Government of India.

It aims to “fund the unfunded”. It funds the non-corporate small business sectors in the country. Small borrowers are also included in the formal financial system and credit at affordable rates is extended to them. The loans under MUDRA Yojana are granted for non-farm income-generating activities.MUDRA Loans mainly fund the Non-Corporate Small Business Sector (NCSBS).

Non-Corporate Small Business Segment consists of hundreds and thousands of small businesses like proprietorships, partnership firms, small manufacturing units, service sector units, shopkeepers, fruits/vegetable vendors, truck operators, food-service units, repair shops, machine operators, small industries, artisans, food processing units and so on in rural and urban areas.

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