Pradhan Mantri MUDRA Yojana (PMMY) is a scheme set up by the Government of India (GoI) for providing Mudra Loans up to Rs. 20 lakhs to the non-corporate, non-farming small & micro enterprises. Mudra Loans are provided under four categories as mentioned below: INTRODUCTION The Pradhan Mantri Mudra Yojana launched in 2015 aims at providing credit of upto Rs 10 lakh to small entrepreneurs and act as a regulator for Micro-Finance Institutions (MFIs). Mudra targets young educated or skilled workers and entrepreneurs including women entrepreneurs. The scheme is designed to promote and ensure access of financial facilities to Non-Corporate Small Business Sectors (NCSBS) that will turn them into instruments of GDP growth and employment generation. The ... MUDRA Loan Scheme 2.0 is a transformative loan scheme designed to enhance financing access for small businesses in India. Started in April 2025, this scheme enables eligible micro-enterprises to secure loans of up to Rs. 20 lakh. Mudra Loan : Pradhan Mantri Mudra Yojna (PMMY) is a govt scheme to finance micro and small enterprises. Apply for Mudra loan online at Bank of Baroda & grow your business!
