By Admin 
PM MUDRA YOJANA: Lakhs of people are taking benefit of Pradhan Mantri Mudra Yojana and now a big news has come out regarding it. In a viral post on social media, it is being told that under this scheme, a loan of Rs 10 lakh can be taken at only 2 percent interest rate. Also, many things have been discussed in this post including EMI. Now you can know from here how much truth is there in this and what the government has said on this scheme.
What is the whole matter?
In the post going viral, it has been claimed that under the Pradhan Mantri Mudra Yojana, Karnataka Bank is giving loans to people, that too of Rs 10 lakh. It is written in this post that the company team was secretly investigating you on the basis of your PAN and Aadhar card and now a loan approval letter is being sent directly to you.
🚨 SCAM ALERT!
A #fake loan approval letter is circulating, claiming to grant a loan amount worth ₹10 Lakhs under the Pradhan Mantri Mudra Yojana on payment of a processing fee of ₹6,550.#PIBFactCheck: :
❌ The letter is FAKE.
✅ MUDRA does not provide direct loans to… pic.twitter.com/RC5am83RLG
— PIB Fact Check (@PIBFactCheck) June 21, 2026
440 volt shock giving electricity bill? Check if you are making these 5 mistakes
What is written on the letter?
Application number, PAN number, Aadhaar number, account number, IFSC code, name of Karnataka Bank are written in the letter. Also, in the details, the loan amount is Rs 10 lakh, EMI of Rs 10125, loan repayment period is 108 months and also 2 percent interest rate is written.
What is the truth?
While sharing this post of Mudra Loan on its social media handle, PIB said that this letter is fake. It was also written that Mudra never gives direct loan to anyone. Instead of giving direct loans, Mudra provides funds from banks and financial institutions.
How much salary will the employees get now after the increase in dearness allowance in Bengal? understand the complete mathematics
What to do if you receive such a letter?
First of all, you should not fall into the trap of such loan letters. You can give this information on PIB’s email factcheck@pib.gov.in. If you want, you can also help in spreading awareness by sharing it on their number 918799711259.