💼 Jobs, business & workers · Department of Financial Services, through banks and lenders
Pradhan Mantri Mudra Yojana (Mudra loan)
Loans without collateral to start or grow a small business.
What you get
Business loan up to ₹20 lakh without collateral
🔗 Direct official links
These open the government website in a new tab. Applying there is free; never pay anyone for a form.
✅ Benefits
- Shishu: up to ₹50,000.
- Kishore: ₹50,000 to ₹5 lakh.
- Tarun: ₹5 lakh to ₹10 lakh.
👤 Who can apply
- Any Indian citizen with a business plan for a non-farm income activity: manufacturing, trading, services, and agriculture-allied activities (dairy, poultry, fisheries).
- No default with any bank.
📄 Documents needed
- Aadhaar and PAN
- Address proof
- Business plan / quotation of machines or stock
- Bank statement (for existing businesses)
📝 How to apply
- Apply at any bank, small finance bank, NBFC or microfinance institution, or online on the JanSamarth portal (jansamarth.in).
- Submit the documents and your business plan.
- The lender checks and sanctions the loan; you get a Mudra card for working capital.
Benefits in detail
- Shishu: up to ₹50,000.
- Kishore: ₹50,000 to ₹5 lakh.
- Tarun: ₹5 lakh to ₹10 lakh.
- Tarun Plus: ₹10 lakh to ₹20 lakh, for those who have repaid a Tarun loan.
- No collateral; interest is set by the lender.
Who can apply
- Any Indian citizen with a business plan for a non-farm income activity: manufacturing, trading, services, and agriculture-allied activities (dairy, poultry, fisheries).
- No default with any bank.
Documents needed
- Aadhaar and PAN
- Address proof
- Business plan / quotation of machines or stock
- Bank statement (for existing businesses)
- Caste certificate, if applicable
How to apply, step by step
- Apply at any bank, small finance bank, NBFC or microfinance institution, or online on the JanSamarth portal (jansamarth.in).
- Submit the documents and your business plan.
- The lender checks and sanctions the loan; you get a Mudra card for working capital.
Frequently asked questions
Do I need to pay an agent to get a Mudra loan?+
No. There is no agent or middleman in Mudra. Apply directly at a bank or on JanSamarth.
Last checked against the official website: 26 Sept 2026
Amounts and rules can change. The official website is always final. YojanaHelper is an independent guide, not a government website.
Spotted outdated or wrong information? Report it. It helps everyone.
You may also be eligible for
💼 Jobs, business & workers · PMEGP
Prime Minister's Employment Generation Programme
✅ 15–35% of the project cost as a government subsidy
Subsidy on bank loans to set up a new small business or unit.
See details →
💼 Jobs, business & workers
Stand-Up India
✅ Loan of ₹10 lakh to ₹1 crore for a new enterprise
Bank loans for SC/ST and women entrepreneurs starting a new business.
See details →
💼 Jobs, business & workers · PM SVANidhi
PM Street Vendor's AtmaNirbhar Nidhi
✅ Collateral-free loans in three steps, up to ₹50,000
Small working-capital loans for street vendors, with interest help and digital cashback.
See details →
💼 Jobs, business & workers
PM Vishwakarma
✅ ₹15,000 toolkit aid + loans up to ₹3 lakh at 5%
Support for traditional artisans and craftspeople: training, tools and cheap loans.
See details →