PM Mudra Yojana Applying Process: The Government of India runs many schemes for the people of the country. Which benefits different people. The government brings these schemes keeping in mind the needs of different people of the country. If you want to start your own business or want to expand it. And you don’t have money.
So the Government of India helps you for this. Pradhan Mantri Mudra Yojana is run by the Government of India. Under this scheme, the government gives loans to start a business. In this, three types of loans are given by the government. How can you apply for loan under this scheme? Let us tell you the complete process.
Loan of Rs 20 lakh is available under PM Mudra Yojana.
Under the PM Mudra Scheme run by the Government of India, the government provides financial assistance to small and micro industries in the non-agriculture sector. Under this scheme, the government provides assistance to small businessmen and those who are starting their new business. Provides loans to those young entrepreneurs. Earlier, under the Pradhan Mantri Mudra Yojana, the government used to give loans up to Rs 10 lakh. Which has been increased to Rs 20 lakh.
Three types of loans are available under the scheme
Under the Pradhan Mantri Mudra Yojana, the Government of India gives three types of loans. Which includes child category, teenage category and young category. If we talk about child category, then loan up to Rs 50 thousand is given by the government. So for the teenage category, loans ranging from Rs 50 thousand to Rs 5 lakh are given. Apart from this, loans ranging from Rs 5 lakh to Rs 10 lakh are available under Tarun category. Let us tell you that in Tarun category, they get loan up to Rs 20 lakh. Those who have already taken the loan and repaid it.
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This is how you can apply for the scheme
Application for Pradhan Mantri Mudra Loan Scheme can be made both online and offline. To apply online for Mudra Yojana, one has to go to the official portal www.udyamimitra.in. So to apply offline, you can apply by visiting any branch of your nearest bank or non-banking financial company or MFI.