January 19, 2026
PM Mudra Loan Yojana: Eligibility, Interest Rate & Apply Online (2026)
The Pradhan Mantri Mudra Yojana (PMMY) is a flagship government scheme designed to provide collateral-free business loans to small entrepreneurs, shopkeepers, street vendors, and MSMEs across India. Under this scheme, eligible individuals can get loans up to ₹10 lakh to start or expand their business without providing any security. What is PM Mudra Loan Yojana? PM Mudra Loan Yojana was launched to support non-corporate, non-farm small businesses by providing easy access to institutional finance. Loans are provided through: Types of Mudra Loans Mudra loans are classified into three categories based on funding needs: Loan Type Loan Amount Shishu Up to
