💼 Pradhan Mantri MUDRA Yojana (PMMY) – Empowering India’s Micro Enterprises
🏛️ What is MUDRA?
Micro Units Development and Refinance Agency Limited (MUDRA) is a government-backed NBFC under the Ministry of Finance. It was established to promote and refinance micro-enterprises across India, especially those operating in the unorganized or non-corporate sectors.
MUDRA supports lending institutions like Banks, MFIs, and NBFCs by offering refinance assistance for loans up to ₹10 lakhs under the Pradhan Mantri MUDRA Yojana (PMMY).
🎯 Purpose of MUDRA Loans
MUDRA loans aim to generate income and create self-employment opportunities. Funds can be used for:
- 🏪 Business loans for vendors, shopkeepers, traders, service providers
- 💳 MUDRA Card usage to meet working capital needs
- ⚙️ Equipment financing for small-scale operations
- 🚛 Loans for transport operators and vehicle purchases
✅ MUDRA Loan Eligibility
To qualify for a MUDRA loan:
| Criteria | Details |
| Age Limit | Minimum: 18 years; Maximum: 65 years |
| Loan Amount | Up to ₹10 lakhs |
| Business Type | Non-farm income-generating activities in trading, manufacturing, or services |
| Business Stage | New or existing micro-enterprises |
🏦 MUDRA Loan Categories
MUDRA loans are classified into three stages depending on the funding requirement and growth phase of the business:
| Product Name | Loan Amount | Ideal For |
| Shishu | Up to ₹50,000 | Startups and early-stage micro enterprises |
| Kishore | ₹50,001 to ₹5,00,000 | Growing small businesses needing working capital |
| Tarun | ₹5,00,001 to ₹10,00,000 | Established micro units seeking expansion |
🎁 Key Benefits of MUDRA Loan
- ✅ No Collateral Required – Unsecured loans
- ✅ Low-Interest Rates – Affordable repayment terms
- ✅ Credit Guarantee Coverage – Protection against default
- ✅ Flexible Usage – Working capital, asset purchase, business setup
- ✅ Wide Accessibility – Available across India through partner banks & GST Suvidha Centres
🏢 Role of GST Suvidha Centre
GST Suvidha Centre is a nationwide facilitator and the only authorized MUDRA Loan Applicant provider in PAN India. We:
- Assist in MUDRA loan documentation and filing
- Provide support in loan categorization (Shishu/Kishore/Tarun)
- Ensure quick approvals with bank partners
- Guide micro-entrepreneurs through the entire process
📲 Apply now at: www.gstsuvidhacentres.com
📄 Documents Required for MUDRA Loan
- Aadhar & PAN Card
- Business Address and ID Proof
- Business Plan or Proposal
- Bank Statement (last 6 months)
- Quotation for machinery/equipment (if applicable)
- Proof of business continuity (for existing enterprises)
📌 Who Should Apply?
- Street vendors
- Small manufacturing units
- Artisans and craftsmen
- Transporters
- Tailors, salons, and repair shops
- Women entrepreneurs
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