Pradhan Mantri Mudra Yojana(PMMY), MSME Loan Eligibility
Pradhan Mantri Mudra Yojana(PMMY) Micro Units Development & Refinance Agency Ltd. (MUDRA) is a new Department set up by the Government of India to provide Finance to non-corporate, non-farm sector income generating activities of micro and small enterprises whose credit needs are less than Rs: 10 Lakh. Pradhan Mantri MUDRA Loan - Products. Under 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 micro-unit. These schemes cover loan amounts as per the following : Shishu: covering loans up to Rs 50,000. Kishore: covering loans above Rs 50,000 to ₹5,00,000. Tarun: covering loans above Rs 5,00,000 to Rs 10,00,000 All Non-Corporate Small Business Segment (NCSBS) having proprietorship or partnership firms running as small manufacturing units, Service sector units, Shopkeepers, Fruits Vegetable vendors, Truck operators, Food-service units, Repair shops, Machine