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PRADHAN MANTRI MUDRA YOJANA (PMMY), a flagship scheme of Government of India, was launched by the Hon’ble Prime Minister to “Fund the Unfunded” by bringing such enterprises to the formal financial system and extending affordable credit to them.
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:
|(Amount in Rs.)|
|Shishu||Upto Rs. 50,000/-|
|Kishor||50,000/- to 5,00,000/-|
|Tarun||5,00,000/- to 10,00,000/-|