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Internet Desk. If you are also going to start a business, then you need money for it and you need a loan, then for such people the government has started the Pradhan Mantri Mudra Yojana. Under this, the government helps you financially and you are able to start your business.
What is PM Mudra Yojana?
Under the Pradhan Mantri Mudra Yojana, the Government of India provides loan facility of up to Rs 10 lakh to income generating micro enterprises engaged in non-agricultural sector in manufacturing, processing, trading or service sector. That means, you can take a loan up to Rs 10 lakh with the help of Mudra Yojana to start your small business.
How to apply?
Under Pradhan Mantri Mudra Yojana, loans can be obtained from private and public sector banks, cooperative banks, rural banks and other loan giving institutions. The applicant should not be a defaulter of any bank or financial institution. Special attention is also paid to his credit track. You can avail the benefits of this scheme by applying online.
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