MUDRA
Small businesses are the backbone of the economy, yet they struggle the most for capital. Pradhan Mantri Mudra Yojana (PMMY) provides collateral-free loans of up to ₹10 Lakhs to help micro-enterprises grow.
- The Three Tiers: From the Shishu loan (up to ₹50,000) for new starts to Tarun (up to ₹10 Lakhs) for major expansions.
- No Collateral Needed: The government stands as the guarantor, so you don’t have to pledge your house or gold to get a business loan.
- The Mudra Card: Learn how to get a RuPay card that acts as an “Overdraft” facility for your daily cash flow needs.
Watch this video to learn how to prepare a “Project Report” that makes bank managers say “Yes” to your loan.