The Schemes Register Indian government scheme data · and what is missing from it
Last complete collection today ·snapshot 2026-09-02 · 4,771 of 4,772 records · 48/48 pages ·verdict COMPLETE ·2 snapshot(s) held
Route · /scheme/pmmy

PMMY

Pradhan Mantri Mudra Yojana
NationwideIndividualJoint Liability Groups (JLGS)CentralCentral Sector SchemeMinistry Of FinanceOpen since 2015-04-08
myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.

What this is

Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of Government of India. It facilitates micro credit/Loan upto Rs. 20 lakhs to income generating micro enterprises engaged in the non farm sector in manufacturing, processing, trading or service sector including activities allied to agriculture

In detail

Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of Government of India. The scheme facilitates micro credit/Loan up to Rs. 20 lakhs to income generating micro enterprises engaged in the non farm sector in manufacturing, trading or service sectors including activities allied to agriculture such as poultry, dairy, beekeeping, etc. The Scheme provides financial assistance extended by Member Lending Institutions to the non-corporate, non-farm sector income generating activities of micro and small entities.

These micro and small entities comprise of millions of proprietorship / partnership firms running as small manufacturing units, service sector units, shopkeepers, fruits / vegetable vendors, truck operators, food-service units, repair shops, machine operators, small industries, artisans, food processors and others.

The loans under Pradhan Mantri Mudra Yojana can be availed through eligible Member Lending Institutions (MLIs), which include:

  • Public Sector Banks
  • Private Sector Banks
  • State operated cooperative banks
  • Rural banks from regional sector
  • Micro Finance Institution (MFI)
  • Non-Banking Finance Company (NBFC)
  • Small Finance Banks (SFBs)
  • Other financial intermediary approved by Mudra Ltd. as member financial institutions

#### Interest rate

The interest rates are declared by Member Lending Institutions from time to time as per Reserve Bank of India guidelines based on which applicable interest rate is determined.

#### Upfront fee/Processing charges

Banks may consider charging of upfront fee as per their internal guidelines. The upfront fee/processing charges for Shishu loans (Covering loans upto Rs. 50,000/-) are waived by most Banks.

#### _Note :_

There are no agents or middleman engaged by MUDRA for availing of Mudra Loans. The borrowers are advised to keep away from persons posing as Agents/ facilitators of MUDRA/PMMY.

Who qualifies

##### Eligible borrowers

  • Individuals
  • Proprietary concern.
  • Partnership Firm.
  • Private Ltd. Company.
  • Public Company.
  • Any other legal forms.

Note 01:The applicant should not be a defaulter to any bank or financial institution and should have a satisfactory credit track record.

Note 02: The individual borrowers may be required to possess the necessary skills/experience/ knowledge to undertake the proposed activity.

Note 03: The need for educational qualification, if any, is assessed based on the nature of the proposed activity and its requirement.

What you get

The scheme has been classified under four categories as 'SHISHU', 'KISHORE' , 'TARUN' and 'TARUN PLUS' to signify the stage of growth / development and funding needs of the beneficiary micro unit/ entrepreneur.

  • Shishu: Covering loans upto Rs.50,000/-.
  • Kishore: Covering loans above Rs.50,000/- and upto Rs. 5 lakhs.
  • Tarun: Covering loans above Rs. 5 lakhs and upto Rs. 10 lakhs.
  • Tarun Plus : Loans up to Rs. 20 lakh for enterpreneurs who have successfully repaid previous loans under the 'Tarun' category.

Found elsewhere in government

Not published on myScheme · carried from another government source, with the join score shown so it can be disputed
Budget allocation ₹0 cr for 2026-27
Central Sector · Demand No. 32 · matched to budget line “Pradhan Mantri Mudra Yojana (PMMY)(through NCGTC)” at 1.0 (strong)
 Union Budget, Expenditure Profile Statement 4B
Why this is here and not above myScheme publishes no budget figure for any scheme. This one comes from the Union Budget Expenditure Profile and is joined by name, so it is shown apart from the checks and never counted in them. A scheme’s launch date, likewise, exists in its gazette notification whether or not the portal repeats it. The checks above ask only whether this portal tells a citizen, which is a different and narrower question.
Listed by Union BudgetmyScheme
Documentation completeness
6 of 9 checks passed
Checks are about the record,
not about the scheme.
✓
Eligibility published here575 characters
✓
Benefit amount published hereamount or quantity stated
✓
Description more than a name300 characters
✓
Implementing agency published herenamed
✗
How to apply published hereno URL and no offline mode declared
✓
Start date published here2015-04-08
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End date published hereno end date recorded, so indefinite by omission
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Stored links well-formed1 of 3: empty
✓
Not expired while still listedno end date
Malformed URL in a stored field

application field: empty
Something missing or wrong on this page? This register only knows what four government sources publish. If you know where the real figure lives, a link to the notification or order is what lets us publish it. Tell us on GitHub

Provenance

Every field above, and where it came from
schemeNamePradhan Mantri Mudra YojanamyScheme · 2026-09-02
schemeOpenDate2015-04-08myScheme · 2026-09-02
schemeCloseDate...not published at source
nodalMinistryNameMinistry Of FinancemyScheme · 2026-09-02
dbtSchemeFalsemyScheme · 2026-09-02
achievement data...no source publishes this for any central scheme