PMMY: If you want to start business, then the government will give 10 lakh rupees, apply this way

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PM Mudra Yojana: If you also want to start business but are not able to do it due to economic crisis, then the Central Government’s Mudra Scheme is a good option for you.
Under the Pradhan Mantri Mudra Yojana, people are given loans to start their business.
-The best thing about this scheme (PMMY) is that you do not need a loan without guarantee.

new Delhi.
PM Mudra Yojana: If you also want to start a business but are unable to do it due to the economic crisis, then the Central Government’s Mudra Scheme is a good option for you. Under Pradhan Mantri Mudra Yojana, people are given a loan to start their business. The best thing about this scheme (PMMY) is that you do not need a loan without guarantee. Prime Minister Narendra Modi (pm modi) introduced the Mudra Yojana in April 2015. The objective of this scheme is to motivate people towards self-employment. The government provides loans up to Rs 10 lakh under this scheme.

Benefits of
Pradhan Mantri Mudra Yojana Under the Pradhan Mantri Mudra Yojana, loans up to 10 lakh are given for starting a business. There are three types of loans. Shishu Mudra is a loan for small businessmen, in which a loan of up to Rs 50,000 can be taken. At the same time, loans ranging from Rs 50,000 to Rs 5 lakh are given in Kishore Mudra Loans. At the same time, loans ranging from Rs 5 lakh to Rs 10 lakh are available in Tarun Mudra loan.

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The benefits that women get
are the full name of Pradhan Mantri Mudra Yojana (PMMY), Micro Unit Development Refinance Agency. Under this scheme, loans are given to women starting businesses from small enterprises. This includes tuition center, tailoring unit or beauty parlor etc.

Facility of
unsecured loan The most important thing about PM Mudra Yojana (PMMY) is that it provides loans without guarantee. Apart from this, no processing charge is also charged for the loan. In the Mudra scheme, the repayment period can be extended up to 5 years.

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How to apply for Pradhan Mantri Mudra Yojana? (How to Apply for PM Mudra Yojana)
There is no fixed interest rate under the Pradhan Mantri Mudra Yojana . The minimum interest rate is typically 12%. For the loan under Mudra scheme, you have to apply to the government or bank branch. For this, you have to provide the ownership or rental documents, work related information, Aadhaar, PAN number and many other documents.

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