PM Mudra Yojana: The Central Government brings schemes keeping in mind the needs of people coming from different sections of the country. In the year 2015, the government started the Pradhan Mantri Mudra Yojana. So that small businesses can be promoted. People who want to start their own business or want to expand their existing business. The government gives them loans under this scheme at very low interest rates.

Till now lakhs of people have taken advantage of this scheme and started their business. The government has set some important conditions for getting a loan. The application is accepted only after completing them. Up to what amount of loan can be availed under this scheme and which people are not able to avail its benefit? Let us tell you the complete information.

Government gives loan up to so many lakhs

Under Mudra Yojana, the government gives three types of loans. In which children, teenagers and young people. Under Shishu Yojana, a maximum loan of up to Rs 50 thousand is given. Loan can be availed from Rs 50 thousand to Rs 5 lakh in Kishore Yojana and up to Rs 10 lakh in Tarun Yojana. So now loan up to Rs 20 lakh is available in Tarun Plus category. But this is what they get. Those who have taken Tarun Loan and repaid it on time.

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All these loans are given through banks, micro finance institutions or non-banking finance companies. The interest rates on these loans are very low. So that small traders, shopkeepers or startups can easily pay it. The special thing is that no guarantee is required for this. Due to which new entrepreneurs get relief in the beginning.

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These people do not get the benefit of loan

Not everyone can take loan under this scheme. People who have been declared defaulters by the banks. He is not eligible for this scheme. Similarly, people who live in India but are not Indian citizens. They are also not given loans. Applicants below 18 years of age are also excluded from the scheme. Apart from this, those who do not have a solid project report related to their business or who are not able to provide necessary documents like Aadhaar, PAN or bank statement can also not apply.

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PM mudra yojana: The Government of India keeps running a lot of schemes for the people of the country. Different people of the country get the benefit of many schemes of the government. According to the need of the people, the government brings plans. On the morning of 8 April, Prime Minister Narendra Modi spoke to the beneficiaries of PM Mudra Yojana.

The beneficiaries told Prime Minister Modi about the benefit of PM Mudra Yojana and also shared their experience with him. After all, what is Pradhan Mantri Mudra Yojana? And how is the benefit in this scheme. Who can apply for this. Let us tell you all the information.

What is Mudra Yojana?

There are many people in the country. Those who want to start their own business instead of doing a job. Or want to increase your already established business. But they do not have enough funds for this work. In order to help such people, the Government of India started the Mudra Yojana in the year 2015. The Pradhan Mantri Mudra Yojana started in the country on 8 April 2015. Under which entrepreneurs were given loans up to Rs 10 lakh.

https://www.youtube.com/watch?v=_Awcoejmals

But from this year, the maximum loan amount has been increased to 20 lakh rupees in this scheme. Explain that there are four types of categories in the scheme. Which includes infant, teenager, Tarun and Tarun Plus. A loan of up to Rs 50,000 is given in the infant category. In Kishore category, from 50,000 to 5 lakh rupees, in Tarun category from 5 lakh to 10 lakh rupees and loans of this category get loans ranging from 10 lakh to 20 lakhs under Tarun Plus category.

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How to get a loan in PM Mudra Yojana?

If you want to take a loan under the Pradhan Mantri Mudra Yojana. So for that you can go to your nearest government or any private bank. You can also go to RBI, NBFC or Micro Finance Institutions. Going there, you have to fill a form. In which you have to provide information about your business.

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Along with this, some documents will have to be submitted. In which there will be Aadhaar card, PAN card and documents related to your business as well as your passport size photo will also be necessary. The bank will approve your loan after examining your documents. For online application, you can visit www.udyamimitra.in.

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