The Indian Government offers various monetary initiatives to empower small business entrepreneurs. One such initiative is the PM Mudra Yojana 2025. This scheme was launched on April 8th, 2015 by PM Narendra Modi. This scheme focuses on financial inclusion and entrepreneurial development. This Government backed loan scheme is designed to offer monetary support without collateral to micro and small enterprises. Under this initiative, the loans are provided by Small Finance Banks, NBFCs, Microfinance Institutions, RRBs, Commercial Banks. This article will take you through everything that you should know about this scheme including benefits, who can apply, application process and more.
PM Mudra Yojana 2025
The PM Mudra Yojana 2025 is managed by Micro Units Development & Refinance Agency. This yojana objective is to offer loans up to Rs. 20 lakhs to non farm small micro enterprises or non corporate small micro enterprises. There are 4 categories of loans under this Mudra Yojana: Shishu, Kishore, Tarun, Tarun Plus. Shishu offers loans up to Rs. 50,000 and Kishore offers loans from Rs. 50,001 – Rs. 5,00,000 and Tarun offers loans from Rs. 5,00,001 – Rs. 10,00,000 and Tarun Plus offers loans from Rs. 10,00,001 – Rs. 20,00,000. This scheme does not need any collateral or guarantor and this makes this scheme highly appealing for small business owners.
mudra.org.in Loan Apply Online 2025 – Highlights
| Post Title | PM Mudra Yojana 2025 |
| Year | 2025 |
| Country Name | India |
| Scheme Name | Pradhan Mantri Mudra Yojana |
| Launched By | Government of India / PM Narendra Modi |
| Launch Date | April 8th, 2015 |
| Implementing Agency | Micro Units Development & Refinance Agency |
| PM Mudra Loan Eligibility 2025 | All non farm enterprises or small enterprises in India |
| Objective | Monetary Support to non corporate small businesses |
| Participating Lenders | Small Finance Banks, NBFCs, Microfinance Institutions, RRBs, Commercial Banks |
| Pradhan Mantri MUDRA Yojana Benefits 2025 | No collateral, credit facility, no processing fee and more |
| Loan Types | Shishu, Kishore, Tarun, Tarun Plus |
| Maximum Loan Limit | Up to Rs. 20,00,000 |
| Collateral Required | No |
| Post Category | Yojana |
| Official Web Portal | www.mudra.org.in |
PM Mudra Loan Eligibility 2025
- All non farm enterprises are qualified.
- Applicants must be from the micro or small businesses segment.
- The enterprise should be engaged in earning or revenue generating activities.
- Eligible businesses include those who are involved in sectors like manufacturing, services, trading.
- The enterprise credit requirement should not exceed Rs. 20,00,000.
- Since 1st April, 2016 the allied agricultural activities like poultry, fishering, dairy have been included under this scheme.
Pradhan Mantri MUDRA Yojana Benefits 2025
This scheme offers several advantages aimed at empowering micro or small businesses across India. The key benefit includes:
- This scheme offers credit facilities which means monetary support is extended to startups, small businesses under this scheme.
- One of the biggest attractions of the Mudra loan is that it is collateral free which means it can be accessible even for those who do not have assets.
- This scheme ensures that borrowers are not burdened with additional processing fees.
- The loan can be utilised not just for working capital requirement and equipment purchases but also for non cash requirements such as guarantees or letters of credits.
- Mudra loans can be used for various business activities.
- Borrowers can apply for even samm loans based on their business needs which means there is no minimum loan amount.
PMMY Loan Scheme Application Procedure 2025
- For offline application, the borrower can reach out to any one of the following:
| Small Finance Banks, NBFCs, Microfinance Institutions, RRBs, Commercial Banks |
Ask for the Application form based on the loan category and submit the application with required documents. Wait for the approval and use the loan amount.
- For Online Application, go on www.udyamimitra.in or preferred bank webpage and provide basic details and documents based on the loan category . Get digital approval and track your application.
Important Links – mudra.org.in Loan Apply Online 2025
| Official PMMY Scheme Page | www.mudra.org.in |
| Common Loan Application Form For Kishor + Tarun | Download Here |
| Application Form For Shishu | Download Here |
| New Gazette For Tarun Plus | Download Here |
| Shishu Application Checklist | Download Here |
FAQ Related To PM Mudra Yojana 2025
What is the max loan amount under PMMY Scheme 2025?
Up to Rs. 20,00,000 depending on the loan category can be borrowed under PMMY Scheme 2025.
Is collateral needed for Pradhan Mantri Mudra loan 2025?
No, Mudra loans are collateral free.
Do borrowers apply for Mudra loans offline?
Yes, the borrowers can apply for Mudra loans offline by visiting the participating banks.
Can women apply for PMMY Mudra Loans?
Yes, the women are preferred for the PMMY Mudra loans.
What is the official portal for the application of Mudra loans online?
The borrower can go on www.udyamimitra.in or the participating bank web portal to apply online for Mudra loans.