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Mudra Yojana

Pradhan Mantri MUDRA Yojana PMMY

Funding the Unfunded—Empowering MSMEs and Small Businesses Across India
Pradhan Mantri MUDRA Yojana (PMMY) is a flagship scheme launched by the Government of India to provide financial assistance to micro, small, and medium enterprises (MSMEs). This scheme enables non-corporate, non-farm small/micro enterprises to access affordable business loans up to ₹10 Lakh to expand their operations, purchase machinery, or meet working capital requirements.
At Loan Sathi Credit Consultants, we act as a dedicated corporate facilitator to simplify your Mudra Loan application process. We analyze your business eligibility, assist in verifying the required documentation, and route your verified application directly to our partner commercial banks, RRBs, and NBFCs that are authorized to disburse MUDRA loans.
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Who Can Apply for MUDRA Loan?

Supporting diverse business sectors to drive economic growth
Pradhan Mantri MUDRA Yojana is tailored to meet the credit needs of all non-farm, non-corporate micro and small enterprises. Any Indian citizen who has a legitimate business plan for a revenue-generating activity can apply for a MUDRA loan through our partner financial institutions.
Eligible Business Segments & Activities Include:
  • Small Manufacturing Units: Power-loom, dairy, apparel manufacturing, food processing, and artisanal craft units.
  • Shopkeepers & Traders: Retail and wholesale shop owners, vegetable vendors, and small business traders.
  • Service Sector Enterprises: Salons, gymnasiums, dry cleaning services, tailoring shops, and repair hubs.
  • Transport Vehicles: Loans for purchasing commercial transport vehicles like auto-rickshaws, small trucks, and e-rickshaws.
Our consulting desk at Loan Sathi Credit Consultants helps you evaluate your business type and profile, matching your specific setup with the right bank eligibility parameters to ensure smooth processing.
Loan Sathi Credit Consultants—simplifying credit pathways to empower every small business owner in India.

MUDRA Loan Schemes Categories

Pradhan Mantri MUDRA Yojana offers financial assistance divided into three tailored categories based on the stage of growth and funding requirements of your business.

Shishu Loan

This category is specially designed for budding entrepreneurs, micro-units, and new business startups. Under the Shishu scheme, applicants can secure business loans up to ₹50,000 to establish their initial operations with minimal compliance checks

Kishor Loan

This category is dedicated to already established businesses looking for additional capital to expand. Under the Kishor scheme, loans ranging from ₹50,001 to ₹5 Lakh are facilitated to purchase machinery, inventory, or scale existing services.

Tarun Loan

This category caters to mature micro-enterprises and small scale industries requiring heavy investment. Under the Tarun scheme, businesses can apply for higher-value financing from ₹5,000,01 up to ₹10 Lakh to meet extensive operational demands.

Note: Loan Sathi Credit Consultants assists in documents verification and processing. The final interest rates, margins, and loan disbursement under Shishu, Kishor, and Tarun schemes depend solely on our partner lending banks’ approval.

Key Benefits of MUDRA Yojana

MUDRA scheme is designed to offer hassle-free credit to micro and small business units. Here are the four foundational benefits that make this government-backed scheme ideal for Indian entrepreneurs.

No Collateral Needed

One of the biggest advantages is that you do not need to mortgage or provide any collateral/securit to get a MUDRA loan from our partner banks.

No Upfront/Processing Fees

There is absolutely zero processing fee charged by banks for Shishu category loans. For Kishor and Tarun loans, the processing fees are kept extremely nominal by lending institutions.

Flexible Repayment Tenures

Borrowers get highly flexible repayment options with tenures extending up to 5 years (60 months), making it easier for small businesses to manage their monthly cash flows.

End-to-End Fund Usage

The sanctioned amount can be used dynamically for various business needs, including purchasing raw materials, expanding shop infrastructure, or buying commercial vehicles.

Documents Required for Mudra Yojana Applications

Preparing your micro-business paperwork in advance is the cornerstone of a fast MUDRA loan approval. It allows our consultancy desk to verify your application dynamically, ensuring your profile matches the exact lending criteria of our partner banks without any operational delays.

Action-Oriented
  • Self-Attested KYC Verification Valid Aadhaar Card, PAN Card, and Voter ID or Driving License of the business applicant.
  • Recent Passport Photographs :- Two copies of recent passport-size photographs of the business owner or partners.
  • Business Identity & Address Proof :- Shop Establishment Certificate, Udyam Registration (MSME), GSTIN (if applicable), or valid business rent agreement.
  • Active Savings/Current Bank Statement :- Last 6 to 12 months' updated bank account statement of your active business or personal account.
  • Detailed Business Plan/Project Summary :- A brief overview outlining the machinery to be purchased, raw materials required, or business expansion costs.
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