PM Mudra Yojana Business Loan via JanSamarth Portal

Processing fees are decided by each lending institution as per its internal policy; some banks offer concessional or nil processing fee for small Mudra loans, but there is no uniform fee specified centrally.

Estimated Approval Time

Varies by profile and lending institution; not clearly specified by official sources. Many banks aim for quick processing of small Mudra loans, subject to documentation and appraisal.

Application Mode

Online, Offline

Official Apply Link

https://www.jansamarth.in/business-loan-pradhan-mantri-mudra-yojana-scheme

Check Your Loan Eligibility

Fill this quick form and get personalized guidance from our experts.

Steps

1. Visit the JanSamarth portal and select the Pradhan Mantri Mudra Yojana – Business Activity Loan scheme.
2. Complete the online eligibility check by entering basic details about your business, loan requirement and location.
3. Register/login and fill in the detailed application form, including business information, KYC details and loan purpose; upload the required documents.
4. JanSamarth routes your application to suitable Member Lending Institutions; selected bank/NBFC reviews the proposal as per its credit policy.
5. Respond to any queries or additional document requests from the chosen lender; attend branch visits or field verification if required.
6. Upon approval, execute loan documentation; funds are disbursed as working capital/term loan into your account, and repayment starts as per the sanctioned schedule.

Eligible Applicant Type

Individual, Registered Startup, Registered MSME

Documents Required

Aadhaar Card, PAN Card, Business Registration, Bank Statement, ITR / Financial Statements, GST Certificate, Pitch Deck, Business Plan

Scheme Type

Business Loan

Repayment Options

Standard EMI-Based Repayment

Repayment Tenure

Typically up to 5 years, including any moratorium, depending on loan purpose, cash flows and the lending institution's norms; exact tenure is decided by the bank/NBFC.

Other Documents

Duly filled PMMY/MUDRA loan application form as per lending bank/NBFC format. Proof of business address (shop establishment certificate, trade licence, utility bill, etc.). Quotations/invoices for machinery, equipment or working capital justification, as applicable. Recent photographs of applicant/proprietors as per lender norms. (Exact document checklist varies by bank/NBFC, but above items are commonly required.)

Provider Name

Pradhan Mantri Mudra Yojana (implemented through Member Lending Institutions; scheme anchored by Government of India / DFS with MUDRA)

Provider Type

Government Body

Official Website URL

https://www.mudra.org.in/Home/QuickLinks

Provider Contact Email

help@mudra.org.in

Provider WhatsApp Number

1800-180-1111 (Toll-Free) / 1800-11-0001 (Toll-Free)

Geographic Restrictions

Available across India through participating banks, RRBs, SFBs, NBFCs, MFIs and other MLIs.

Collateral Required?

Description of Collateral

Under PMMY, loans up to ₹10 lakh are generally collateral-free; lenders may use CGFMU guarantee cover rather than requiring third-party security.

Conditions

Applicant must be an Indian citizen with a viable business plan for a non-farm income-generating activity in manufacturing, trading or services. Loan requirement should be up to ₹10 lakh under standard PMMY slabs. Activities should fall within the list of eligible sectors notified under MUDRA/PMMY guidelines (certain farm and speculative activities are excluded). The borrower must meet KYC norms and any additional conditions prescribed by the lending institution.

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Government-backed business loan for micro and small units

The Pradhan Mantri Mudra Yojana (PMMY) – Business Loan on the JanSamarth Portal offers collateral-free credit to micro and small non-farm enterprises across India. It is a flagship Government Scheme that channels working capital and term loans up to ₹10 lakh through banks, NBFCs, MFIs and other Member Lending Institutions (MLIs).

Loan categories under PMMY

PMMY loans are structured into three main slabs to match different stages of business growth:

Shishu – Loans up to ₹50,000 (for very early-stage / new micro units).
Kishor – Loans above ₹50,000 and up to ₹5 lakh (for existing businesses looking to expand).
Tarun – Loans above ₹5 lakh and up to ₹10 lakh (for well-established micro enterprises).

Under recent updates, some lenders also offer Tarun Plus (₹10–20 lakh) with CGFMU guarantee cover, but the standard JanSamarth PMMY listing focuses on loans up to ₹10 lakh.

Key features for MSMEs

Collateral-free loans up to ₹10 lakh under PMMY, backed by Credit Guarantee Fund for Micro Units (CGFMU) for MLIs.
Available for a wide range of non-farm income generating activities – manufacturing, trading, services and allied activities.
Loans can be used for working capital (cash credit) or term loans for machinery, equipment, shop renovation and business expansion.
The JanSamarth portal standardises online applications, eligibility checks and routing of PMMY requests to multiple lenders, making it easier for micro-entrepreneurs to access formal credit.

Offers

Collateral-free loans up to ₹10 lakh for micro and small enterprises across India under a government-backed scheme. Flexible ticket sizes (Shishu, Kishor, Tarun) suited to different business stages, from start-ups to established micro units. Available through a wide network of banks, RRBs, SFBs, NBFCs and MFIs, increasing accessibility for small borrowers. Standardised online application via JanSamarth portal simplifies access, comparison and tracking of PMMY business loans.

Testimonials

Press Information Bureau and government reports highlight millions of PMMY loans sanctioned since 2015, demonstrating widespread support for micro-entrepreneurs; specific named case studies are not clearly provided on JanSamarth for this particular product listing.

Any official terms & conditions link

https://www.mudra.org.in/offerings

Disclaimer

Loan amounts, interest rates, processing fees, eligibility norms and documentation under Pradhan Mantri Mudra Yojana are subject to change as per Government of India, RBI and individual lending institutions' policies. Applicants should confirm the latest scheme details with the JanSamarth portal and their chosen bank/NBFC before applying.

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