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PM Mudra Yojana (PMMY)
Collateral-free business loans for micro and small enterprises, in Shishu, Kishore and Tarun categories.
Stand-Up India
Department of Financial Services
Bank loans between ₹10 lakh and ₹1 crore for SC/ST and women entrepreneurs setting up a new enterprise. The scheme period was last reported as extended to 2025, so confirm that banks are still accepting applications.
Please double-check. This scheme record has not yet been verified by our editors against the official source. Amounts and rules may be out of date, so confirm on the official website before you apply.
🎁 Benefits
- Composite loan of ₹10 lakh to ₹1 crore
- For a greenfield (first-time) manufacturing, services, trading or allied-agriculture enterprise
✅ Who can apply
- SC / ST entrepreneur or woman entrepreneur
- Age 18 years or above
- Not a defaulter to any bank or financial institution
- Loan is for a first-time (greenfield) venture; margin money of up to 15% may be combined with other schemes
📎 Documents needed
- Aadhaar and PAN
- Caste certificate (for SC/ST applicants)
- Business plan
- Address and bank statements
🧭 How to apply
- Register and apply on the Stand-Up India portal or approach a bank branch directly
- Submit the project report and documents
- Bank evaluates and sanctions the loan
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