#how-to-apply-for-loan-under-pmmy
Explore tagged Tumblr posts
Text
How do I get government startup funding?
BY: Pankaj Bansal, Founder at NewsPatrolling.com
Getting government startup funding usually involves researching various programs and schemes available for entrepreneurs. Here’s a step-by-step guide to help you navigate the process:
1. Identify Relevant Government Schemes
Central Government Programs: In India, the central government has several schemes to support startups:
Startup India Initiative: This is one of the flagship initiatives. It offers funding, tax exemptions, and incubation support.
Fund of Funds for Startups (FFS): Managed by SIDBI, this fund does not invest directly in startups but provides funding through Alternative Investment Funds (AIFs).
Pradhan Mantri Mudra Yojana (PMMY): Provides micro-loans to startups and small businesses.
Credit Guarantee Scheme for Startups (CGSS): Offers collateral-free loans for startups.
State Government Schemes: Many state governments offer grants and support specifically for startups. You’ll need to check with your state government’s website or startup portal for state-specific initiatives.
Also know about chandrayaan 3 missions and mathematic tutorials online
2. Check Eligibility Criteria
Each funding scheme has its own eligibility criteria based on factors such as:
Stage of the startup (idea, early-stage, or growth stage)
Industry or sector (tech, manufacturing, etc.)
Business model
The geographical location of the startup
3. Register Your Startup
Most government schemes require that you register your business as a recognized startup:
You can do this through the Startup India portal by registering online here.
Ensure your business meets the definition of a startup (e.g., up to 10 years old, turnover under ₹100 crores, etc.).
4. Prepare Documentation
You’ll need to prepare key documents to apply for government funding:
Business Plan: A detailed business plan outlining your idea, revenue model, market analysis, etc.
Pitch Deck: A visual presentation of your startup to attract investors and government bodies.
Financial Projections: A forecast of the startup’s revenues, expenses, and cash flows.
Tax and Compliance Documents: PAN, GST number, etc.
5. Apply to Incubators and Accelerators
Government-backed incubators and accelerators can provide both funding and mentoring:
Look for incubators supported by the Department of Science and Technology (DST) or NITI Aayog’s Atal Innovation Mission.
These incubators often offer seed funding or help in preparing for larger rounds of government or venture funding.
6. Approach Banks and Financial Institutions
Banks and NBFCs (Non-Banking Financial Companies) offer startup loans under schemes like the Stand-Up India Scheme and CGSS.
SIDBI (Small Industries Development Bank of India) also provides various loan products for startups.
7. Grants and Competitions
Participate in government-organized startup competitions and hackathons:
These often offer grant money as prizes, along with exposure to investors.
Examples include the Startup India Seed Fund Scheme and SAMRIDH Scheme.
8. Seek Professional Guidance
You may want to consult a financial advisor or a professional who specializes in government grants and loans to help you navigate the application process.
By following these steps and exploring various government initiatives, you can increase your chances of securing startup funding from the government.
0 notes
enterprisewired · 1 year ago
Text
How to Find Financing Ideas for Business?
Tumblr media
As the saying goes to earn money, you need money, isn’t it? A dream to start your own business is a life-changing decision for some people. They can turn from rags to riches in no time. Talented individuals also have an extremely lucrative idea that will really bring a change in the way we live. A business person should always strive to solve an existing problem in the market. It often happens, the idea is too good, and all resources are ready too, but the financing ideas for business keep on failing one by one. There needs to be some plan in regard to the same.
A plan should be kept ready in order to shape the financing ideas for the business. The two most important aspects of any business are the idea itself and the needed capital for the same. Rest assured, you can start a business only if these two things are falling right into place. But not everyone is so privileged with the same. For some people, they really have to find financing ideas for the business to sustain in the early days. It isn’t a cakewalk.
So, here we mention financing ideas for business for those who need to go through this:
1. Bootstrap
Tumblr media
One of the financing ideas for business can be bootstrapping. In this, an entrepreneur relies on the personal savings he/she has. It is a minimal amount often, but it depends on the financial situation of the entrepreneur pre-starting the business. Considering the amount will be minimal, he/she uses the personal savings that they’ve got. This is a bit risky, but it is worth the effort if you have a really good idea. The success rate of this one depends on the talent of the entrepreneur, and his ideation of implementing the operations on a daily basis.
2. Opt for government support
The Government of India has launched several loan schemes with the goal of benefiting start-up enterprises, SMEs, and MSMEs, as well as promoting rural India’s socioeconomic growth, women entrepreneurs, educated youth, individuals from the SC/ST category, Small Scale Industries (SSIs), villages, people living in rural and urban areas, and so on. This is one of the best financing ideas for business. You are covered with government support. To add further, the MUDRA loan scheme under the Pradhan Mantri Mudra Yojana (PMMY), Start-up India, PSB Loans in 59 Minutes, Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
3. Apply for small business loans via NBFC’s or MFI’s
Institutions like Non-Banking Financial Companies (NBFCs) or Micro Finance Institute (MFIs) come to your support after checking your minimal credit score as you are new to the business world. According to your credit score, you will get loans accordingly. In the context of financing ideas for business, this may prove an expensive idea. But it can be considered as an opportunity to innovate in your business. The interest rates of these institutes are a bit on the higher side.
4. Crowdfunding:
Tumblr media
In financing ideas for business, an on-point pitch is the best thing that will work for an aspiring entrepreneur. In today’s digital sphere, this one is the most favorite one among young minds. Being too tech-savvy is also not needed, in order to gain the capital, you need. Only you need to interact well with your “cash-flowing audience” and prove to them that your idea/product/service is going to work, and also tell the “why” part in clear words.
If carefully observed, crowdfunding is a form of advertising the business, as it will ignite interest in the public and they will be able to make the investing decision. A problem with this one is, in the large crowd of crowdfunding, your voice should be heard aloud. For this, you will have to find ways.
5. Grab an angel investor
An angel investor is the real angel in your life. People who have high net worth and are famous for supporting startups are easy to find these days. They are also on the constant lookout for young, dynamic individuals. This is also an impressive way of financing ideas for business. The main challenge here is to convince them about your business model and it will work. At times, they may suggest modifications, and ask for a stake in the business too. It depends on you what you’d like to do further. It’s an open-ended situation in front of you.
Benefits of financing a business:
1. Early start:
As you consider some financing ideas for business, you get an early start and you can grow quick. It will help to get a speed on the revenue and sales figures will be sky-high, as you are toiling everyday, to reach the expected target that you have set. In the process, you also get mentorship by experts and are able to take their guidance to your advantage.
2. Flexibility in managing finances:
Tumblr media
You get the flexibility in terms of managing your finances. As you are dependent on personal finances in case of bootstrapping, you can make changes in your plans accordingly in order to grow more. You do not have to ask the stakeholders or anybody as nobody is involved and you are on your own. So the decision-making happens quickly and hassle-free.
3. You get to know your worth:
In the whole process of financing ideas for business, you get to know the worth of your business. As, you approach investors and banks or other financial institutes, and pitch your business, you will understand the worth you and your business carry.
Conclusion:
There are various ideas for financing your business. It depends on you how and what type of finance options you will go for. You will have to determine the nature of your business, the type of the business, and your competitors too. Based on that, you need to make some informed decisions so that you will be able to sustain in the competition. As you know there are a lot of competitors in the market, you need to innovate continuously and stand out in the market. If you are able to create a monopoly in the market, nothing great than that.
0 notes
megagovtgk · 6 years ago
Photo
Tumblr media
प्रधानमंत्री मुद्रा योजना क्या है ? जानिए नियम और शर्तें देश के हर एक नागरिक के लिए छोटे और माध्यम अकार के उद्योगों की वित्तीय जरूरतों को पूरा करने के लिए भारत सरकार ने अप्रैल में प्रधानमंत्री मुद्रा योजना की शुरुआत की है।
0 notes
nishith31 · 3 years ago
Text
What is Mudra Loan Scheme & How To Apply easily in 2022
What is Mudra Loan Scheme & How To Apply easily in 2022
Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015, for providing loans up to 10 lakh to the non-corporate, non-farm small/micro-enterprises. These loans are classified as MUDRA loans under PMMY. These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs, and NBFCs. The borrower can approach any of the lending institutions…
Tumblr media
View On WordPress
0 notes
bankforguarantee · 3 years ago
Text
Pradhan Mantri Mudra Loan Yojana- Financeseva
what is PMMY Full Form
Tumblr media
PMMY Full Form is Pradhan Mantri MUDRA Yojana is initiated by Hon’ble Prime Minister on 2015 with the aim to support financial assistance to micro & small enterprises.
How To Make Use Pradhan Mantri MUDRA Loan Yojana (PMMY)
Micro & Small Enterprises (MSEs) plays a vital role in developing economic growth of a country & India stands among them. Almost 40% GDP contributed by micro & small enterprises sector & ultimately create a huge number of job opportunities to new youngsters. Significantly, they are known as emerging key players of economic growth. Finance is an essential need of every business without a proper cash flow, it becomes restricted to manage things, wherein numerous finance Scheme introduced by Government of India & one such Scheme is Pradhan Mantri MUDRA Yojana.
What is Pradhan Mantri MUDRA Yojana?
The government of India initiated PMMY Murda Yojana Scheme through Mudra subsidiary SIDBI to support micro & small enterprises by providing financial assistance up to 10 lacs. Key Features Pradhan Mantri MUDRA Yojana:-
Under PMMY Scheme 3 varied categories sub-divided
Applicants can avail Mudra loan up to 10 lacs
Collateral-free loan facility is available
Maximum tenure up to 60 months
Nil processing fee
Varied Types of Mudra Loan:
Under the PMMY Scheme 3 varied categories sub-divided has followed under:- Shishu Loan:- Firstly, through Shishu PMMY Loan entrepreneurs can avail loan up to Rs.50,000 to finance their startup business.
Kishor Loan:- Secondly, Kishor Loan can be obtained to expand an existing business, under Kishor loan borrowers get loan up to 5 lacs.
Tarun Loan:- Thirdly, Under Pradhan Mantri Mudra Yojana –Tarun loan provides loan up to 10 lacs with 3-5 years of repayment period to repay loan & this type of facility can be used for business expansion purposes.
Which sector are eligible to get Mudra Loan?
Under PMMY Mudra loan following listed sectors are covered:-
Food Sector:- Business engaged in food sector performing activities like food shop, food distribution, preserving food through cold storage can get mudra loan to set up new or expand their existing business.
Transport Vehicle Sector:- Activities covered under transport vehicle sector include commercial vehicle agency, warehouse service, transport & logistics.
Textile Sector:- Business engaged in textile sector performing activities like handloom, weaving, khadi work, processing & apparel manufacturing can get PMMY loan to set up new or expand their existing business.
Traders & Shopkeepers:- Import & export trading unit along with other shopkeepers are eligible to get mudra loan.
PMMY Mudra Loan Eligibility Criteria
PMMY Mudra Loan has certain eligibility criteria that need to be checked before application. Kindly through the following points:-
Applicant must be a resident of India.
Applicant minimum age should be above 18 years.
Individuals/Private limited companies/sole proprietor firm/partnership firm or public limited companies.
All micro & small units engaged in manufacturing & services sector.
Loan requirement should not exceed more than 10 lacs.
New & existing businesses both are eligible.
Firms involved in farming activities are not eligible.
SMEs owned by women entrepreneurs are also eligible.
Documents Required for PMMY Mudra Loan
Pradhan Mantri Mudra Yojana requires the following documents to be submitted at the time of loan application.
Application form with attaching passport sized photographs
Business plan along with project report
Proof of special belonging categories like SC/ST/OBC & other minority communities.
KYC documents- (Aadhar Card, PAN Card, Voter ID, Passport & Driving License).
Company registration certificate & other required documents.
Business address proof – (rent/lease agreement, electricity bill, bank statement.
How to apply for PMMY Mudra Loan Online?
Step 1: – Applicants have to choose their preferred bank enlisted under PMMY Scheme, then download the application form & fill with correct value.
Step 2: – Once, you fill the Pradhan Mantri Mudra Yojana application form. Make sure all the blanks are filled to avoid any kind of tension at last time.
Step 3: – Upload the filled application form along with relevant documents on the online web portal of respective bank.
Step 4: – After the submitted, check your mail on regular basis. As bank representative can contact you anytime for further formalities.
Step 5: – Bank representative will go through your application & evaluate certain factors, if your application seems good then only, they would process for loan sanction.
PMMY Mudra Loan FAQ
What is PMMY Mudra loan?
The Government of India initiated Mudra loan under this credit facility PMMY exists, it aims to facilitate bank loan to micro & small enterprises whether it’s a new or existing firm.
What is Mudra loan interest rate?
Generally, starting 8% onwards rate is charged but bank to bank Mudra loan interest rate get varied.
Who are eligible for PMMY Mudra loan?
Under this scheme only existing business borrowers are eligible along specified categories segment are funded.
Can a women entrepreneur apply for Mudra loan?
Yes, Women entrepreneur with an ideal concept of business can apply for Mudra loan & get upto 10 lacs to startup business.
How much loan amount offered under PMMY scheme?
PMMY scheme divided into 3 categories named Shishu, Kishor & Tarun accordingly respective maximum loan amount of 10 lacs is granted.
How can I apply for Mudra loan online?
To apply online, applicant have to select the optional bank that come under PMMY Scheme – visit their official website-download the application form & fill them to submit with required documents.
Is there any separate application form for Tarun loan?
Yes, if you are applying for Shishu loan or Kishor loan general application form is used but in case you are applying for Tarun loan require separate application form that can be accessible at bank.
How much time given to repay Mudra loan?
To repay loan banks give tenure period ranging from 3 years to 5 years. If you want to repay loan before selected period then certain charges are levied.
0 notes
businessplanmentor · 4 years ago
Text
Pradhan Mantri Mudra yojana (PMMY) Scheme for Regional Rural Banks
The Pradhan Mantri Mudra Yojana (PMMY) is a program Presented by the Indian government to provide finance to the unfunded" by bringing such firms into the proper financial system and providing them affordable credit. It allows a small borrower to borrow from all public sector banks such as PSU banks, regional rural banks and cooperative banks, private sector banks, foreign banks, microfinance institutions (MFIs) and non-bank financial corporation’s (NBFCs) for loans of up to Rs 10 hundreds of thousands of income-generating non-agricultural assets. The scheme was launched on April 8, 2015 by Prime Minister.
 ·         Eligibility: Any Indian resident who has a business plan for a non-farm income-generating business like manufacturing, processing, trade or service sector and whose credit requirement is less than Rs 10 lakh can go to a bank , an MFI or a NBFC to avail of Loans from Micro Units Development & Refinance Agency Ltd. (MUDRA) under Pradhan Mantri Mudra Yojana (PMMY). Types of loans disbursed Under the auspices of Pradhan Mantri MUDRA Yojana, MUDRA has already created the following products / schemes. Shishu: loan coverage up to 50,000 / -, Kishor: covers loans over 50,000 / - and up to 5 lakhs,Tarun: covers loans of more than 5 lakh and up to 10 lakh. They have been named 'Shishu', 'Kishor' and 'Tarun' to indicate the growth / development stage and funding needs of the recipient micro unit / entrepreneur and also provide a point of reference for the next graduation / growth phase to look forward to. Sixty percent of credit goes to the Shishu category units and the balance to the Kishor and Tarun categories. There is no grant for the loan granted under PMMY. But, if the loan scheme is linked to some government proposal, where the government provides a capital grant, it will also be eligible under PMMY.
 ·         Sectors covered: To maximize beneficiary coverage and tailor products to meet the requirements of specific business activities, sector / business focused programs would be introduced. To begin with, on the basis of a greater concentration of companies in certain activities / sectors, schemes are proposed for: • Land transport sector / activity - Which among other things will support units for the purchase of transport vehicles for goods and personal transport such as auto rickshaws, small goods vehicles, 3 wheels, electric rickshaws, passenger cars, taxis , etc. •  this scheme  provides loan for Community, social and personal service activities -  like salons, beauty salons, gyms, boutiques, tailor shops, dry cleaning, bicycle and motorcycle repair shop, DTP and photocopy services, medicine shops, couriers, etc. . • Food sector - Support would be available for activities such as papad, achaar, jams / jellies production, agricultural product storage at rural level, candy shops, small service food stalls and daily catering / canteen of cold vehicles, cold rooms, ice production units, ice cream, biscuit, bread and sandwich production units, etc. • Textile sector gives support for several activities such as hand loom, electric loom, chikan work, zari and zardozi work, traditional embroidery and hand work, traditional dyeing and printing, apparel design, etc
 ·         How to apply :Borrowers, who want to get benefit of Pradhan Mantri MUDRA Yojana (PMMY), can go to the local branch of any financial institution in their region: PSU banks, regional rural banks and cooperative banks, private sector banks, foreign banks, micro finance Institutions (MFIs) and Non-bank financial corporation’s (NBFC). The sanction of the assistance must comply with the eligibility rules of the respective credit institution. Checklist: (documents to be submitted with the application) • Proof of Identity - Self-certified copy of voter's ID card / driver's license / PAN card / Aaadhaar card / passport / government issued photo ID. authorities etc. • Proof of residence: recent phone bill / electricity bill / property tax receipt (no older than 2 months) / voter ID card / Aaadhar card / natural person's passport / holder / bank book partner or last account statement duly certified by the bank / domain officials
 ·         Checklist: (documents to be submitted with the application) : Proof of Identity - Self-certified copy of voter's ID card / driver's license / PAN card / Aaadhaar card / passport / government issued photo ID. Authorities etc,
·         • Proof of residence: recent phone bill / electricity bill / property tax receipt (no older than 2 months) / voter ID card / Aaadhar card / natural person's passport / holder / bank book partner or latest account statement duly certified by bank / domicile officials Certificate / Certificate issued by Govt. Local Authority / Panchayat / Municipality etc.
·         • Recent photograph of the applicant (2 copies) no older than 6 months. Estimate of Machinery / other items to purchase, supplier / particulars of machinery / cost of machinery and / or items to be purchased.
 ·         Proof of identity / business address - Copies of licenses / registration certificates / other relevant documents relating to ownership, identity of business unit address, if any, Proof of category such as SC / ST / OBC / Minority etc.
·         Note: For all PMMY loans, this should be noted. No processing fees is needed , No guarantee, The loan repayment period is extended up to 5 year, The applicant must not be in default of any bank / financial institution
I think what ever have discussed about Pradhan Mantri MUDRA Yojana would be beneficial for you so those  who are in need of funds  just  try these stps  and  certainly it will be  helpful for you all.
CONTACT: Unit No.450, Mastermind One - IT Park, Royal Palms, Aarey Colony, Goregaon(E), Mumbai, Maharashtra 400065Ph:+91 8097027355, +91 9137256150, +91 9222086563 or visit http://franchisebirbal.com/
0 notes
radhikaschauhan · 4 years ago
Text
Pradhana Mantri Mudra Yojana(PMMY) : Loan Eligibility Interest Rates
On April 8th, 2015, P.M.Modi implemented a Non-Banking Finance Company scheme (NBFC). It is nothing but Pradhana Mantri Mudra Yojana (PMMY). Micro Units Development and Refinance Agency (MUDRA) helps supports the development of micro/small enterprises.
Every individual wish to start a business and to expand it. But why only a few will succeed in this path? Planning for big is good, but besides planning, we also need to be financially safe to put in place this. But what if we don’t have enough money? Who will lend us money?
Is it safe to lend money from private banks? These are all the questions that come into an individual when he/she plans to start a business. So to support every individual to raise their talent, the government of India has taken a step forward and launched Pradhana Mantri Mudra Yojana. Lets read about it in detail.
Before going to apply for a loan, we need to know much about this loan. So to help you, we have done a lot of research, and this article will guide you on the right path.
Pradhana Mantri Mudra Yojana (PMMY):
Under this scheme, Banks, MFIs, NBFCs lend you some amount, and the interest rate depends on the terms and conditions of the respective bank. Later the government provides refinance to these banks where you have taken your loan. This MUDRA loan is given under three categories depending upon the funding needs required. Every bank, whether it is private or public sector gives you this MUDRA loan.
Categories Of Pradhana Mantri Mudra Yojana (PMMY)
The three categories are Shishu, Kishor, Tarun.
i. Shishu
This loan is designed for start-ups with an offering up to ₹ 50,000. This scheme helps when a person is starting his/her first start-up company. This category is given more preference than the other two to promote entrepreneurship. The processing time for this loan is 7 to 10 working days.
ii. Kishor
Under this scheme, the loan is approved for enterprises whose company has already started and want to establish their business in the world. The loan starts from ₹50,000 to ₹5 lakhs. It has given more importance rather than the Tarun category.
iii. Tarun
From ₹5lakhs to ₹10lakhs, the money has been issued to the enterprises who want to expand their business. The interest may vary from one category to another based on the type of loan and the type of bank you choose. Banks like ICICI Bank, IDBI Bank, State banks, and non-cooperative banks offer you MUDRA loans. There is no smallest amount, but the maximum amount that loan offers is ₹10lakhs. But who can apply to this loan? Can we apply for a loan online?
Who Can Apply To MUDRA Loan Or Pradhana Mantri Mudra Yojana ?
The Eligibility Criteria For Pradhana Mantri Mudra Yojana (PMMY)
a. Small Manufacturing Company Owners:
As I have already said, the person who wants to start a company but steps back because of less investment can apply for this loan. Even people who want to expand their business in the market can also take a loan under the Kishor and Tarun category.
b. Non-Farm Sector:
Business-like fruits and vegetable sellers, dairy product manufacturers, beauty parlors, saloons, transport sectors, and many more are eligible to apply for this scheme. As of now, the government decided to lend support to pisciculture, horticulture, trading, textile industry, and other service sectors. At present, there are four funding support schemes from MUDRA Yojana, they are;
c. Micro Credit Scheme (MCS):
In this scheme, loans up to ₹ 1lakh are sanctioned through mutual fund investments (MFIs) or some financing institutes.
d. Refinance Scheme:
When a person gets a loan from Commercial Banks/Regional Rural Banks (RRB)/Small finance banks/Non-Banking Finance Companies (NBFCs), government refinance them through this scheme. Refinance is available up to a loan of ₹10lakhs per unit.
e. Women Enterprise Program:
The government has taken a step forward to support women. Through this special act, the government reduced interest for the loan taken by women. At present, the government decided to reduce the interest of 25 basis points in its interest rates to banks who issue a loan for women.
f. Securitization:
For safety and security government has started to securitize the loan portfolio, and when the loan is sanctioned, only the respective person has access to it.
Interest Rates And Charges Of Pradhana Mantri Mudra Yojana
Here MCLR represents the Marginal cost of funds-based lending rate an interest rate for banks fixed by the Reserve Bank of India (RBI).
Repayment:
For a demand loan, the maximum period given is 36months, and for a term loan, it is 84 months, including moratorium. Here moratorium means a period where you don’t have to pay EMI for the loan taken. A demand loan is a complete repayment without warning the client, whereas a term loan is where you can repay over a while.
Modes Of Applying For Pradhana Mantri Mudra Yojana (PMMY)
So we learned so much about the MUDRA loan, and one part of our duty has completed, but what next? Well, to start a business learning things is not the only process, but we need to learn how to apply for a loan. But in today’s world, we have both online and offline modes for applying for the loan. Some can make their work easier through online mode, but some who don’t know how to operate they choose offline. So we are here to guide you on how to apply for loans both offline and online mode. Let’s get into that!
Applying for Pradhana Mantri Mudra Yojana Or Mudra loan through Offline Mode:
The first thing you have to choose is to select the most popular and safe bank that is near to you.
Then approach them and discuss the type of business and the loan category that you wish to choose. Write a self-written business plan and submit it.
Later provide all the necessary documents such as filled application form, passport size photos, caste certificates, identity proofs, address proofs, company documents, etc. This step is essential because the bank has to verify all your accounts to proceed further.
Once the submitted documents are verified, the loan is sanctioned with the amount that you asked. A manager will approach you and discuss the interest and charges that you have to pay.
Applying for Pradhana Mantri Mudra Yojana Or Mudra loan through Online Mode:
Go to the website of a respective bank that you select.
Fill the application form with all the required documents and submit them. Save a copy for the future.
Later wait for the bank representative to call you and then proceed with further steps on the loan.
Once the documents and application form are verified, then your loan is approved.
Documents Required For Applying In Pradhana Mantri Mudra Yojana (PMMY)
Proof of identity House card, Aadhaar card
Passport size photos
Proof of business address
Business identity card.
Note:
Provide all the required information like your phone number, Aadhaar cards, your caste certificate and the previous loans you have taken and the name of the bank, etc.
Once your loan is approved, then you will receive a MUDRA card. This is a debit card, and the borrower can use this card for withdrawal and credits. This card can digitalize the credit history of the borrower. This card can be accessed over the entire country and money can be withdrawn from any ATM/micro ATM.
Frequently Asked Questions:
1. Does the Pradhana Mantri Mudra Yojana scheme extend the portfolio guarantee?
Yes, the government of India has secured the portfolio of each borrower and you can trust them.
2. What are the synergies aligned with PMMY?
Government schemes like Make in India, Stand-Up India, and Start-up India are the synergies aligned with the MUDRA loan scheme.
3. What is the normal repayment time for the MUDRA loan?
12 to 60 months is the normal repayment time for the MUDRA loan. For a demand loan, it can be 36 months and for a term loan, it is for 84 months.
4. Do the lenders offer a pre-approved MUDRA loan?
Yes, some of the lenders can approve the loan by verifying the application form for the loan.
5. What happens if the loan is not yet paid back?
Even though all the public and private banks have come together for this initiation, there are still some conditions while issuing a loan. These terms are explained to you/lender right before approving a loan. Based on these conditions there is a certain period of time for repayment. If it is not paid back then respective banks will make certain actions on the borrower.
6. Which bank is best for the Mudra loan?
Banks like  ICICI Bank, Central Bank of India, Indian Bank, Kotak Mahindra Bank, and some banks are best to choose.
7. Can I take Mudra loan for multiple times?
Yes, you can take a loan for two or three times from different banks but the only condition is the total amount of loan taken should not exceed the maximum amount of this scheme.
Bottom Line:
Don’t step back when you are not able to start a business, the government has taken every individual’s responsibilities so that you can develop and in return, our country can develop. So come forward and apply for the Pradhana Mantri Mudra Yojana and let’s hope for the best!
Via http://invested.in/pradhana-mantri-mudra-yojana/
source https://investedin.weebly.com/blog/pradhana-mantri-mudra-yojanapmmy-loan-eligibility-interest-rates
0 notes
investedin · 4 years ago
Text
Pradhana Mantri Mudra Yojana(PMMY) : Loan, Eligibility, Interest Rates
On April 8th, 2015, P.M.Modi implemented a Non-Banking Finance Company scheme (NBFC). It is nothing but Pradhana Mantri Mudra Yojana (PMMY). Micro Units Development and Refinance Agency (MUDRA) helps supports the development of micro/small enterprises.
Every individual wish to start a business and to expand it. But why only a few will succeed in this path? Planning for big is good, but besides planning, we also need to be financially safe to put in place this. But what if we don’t have enough money? Who will lend us money?
Is it safe to lend money from private banks? These are all the questions that come into an individual when he/she plans to start a business. So to support every individual to raise their talent, the government of India has taken a step forward and launched Pradhana Mantri Mudra Yojana. Lets read about it in detail.
Before going to apply for a loan, we need to know much about this loan. So to help you, we have done a lot of research, and this article will guide you on the right path.
Pradhana Mantri Mudra Yojana (PMMY):
Under this scheme, Banks, MFIs, NBFCs lend you some amount, and the interest rate depends on the terms and conditions of the respective bank. Later the government provides refinance to these banks where you have taken your loan. This MUDRA loan is given under three categories depending upon the funding needs required. Every bank, whether it is private or public sector gives you this MUDRA loan.
Categories Of Pradhana Mantri Mudra Yojana (PMMY)
The three categories are Shishu, Kishor, Tarun.
i. Shishu
This loan is designed for start-ups with an offering up to ₹ 50,000. This scheme helps when a person is starting his/her first start-up company. This category is given more preference than the other two to promote entrepreneurship. The processing time for this loan is 7 to 10 working days.
ii. Kishor
Under this scheme, the loan is approved for enterprises whose company has already started and want to establish their business in the world. The loan starts from ₹50,000 to ₹5 lakhs. It has given more importance rather than the Tarun category.
iii. Tarun
From ₹5lakhs to ₹10lakhs, the money has been issued to the enterprises who want to expand their business. The interest may vary from one category to another based on the type of loan and the type of bank you choose. Banks like ICICI Bank, IDBI Bank, State banks, and non-cooperative banks offer you MUDRA loans. There is no smallest amount, but the maximum amount that loan offers is ₹10lakhs. But who can apply to this loan? Can we apply for a loan online?
Who Can Apply To MUDRA Loan Or Pradhana Mantri Mudra Yojana ?
The Eligibility Criteria For Pradhana Mantri Mudra Yojana (PMMY)
a. Small Manufacturing Company Owners:
As I have already said, the person who wants to start a company but steps back because of less investment can apply for this loan. Even people who want to expand their business in the market can also take a loan under the Kishor and Tarun category.
b. Non-Farm Sector:
Business-like fruits and vegetable sellers, dairy product manufacturers, beauty parlors, saloons, transport sectors, and many more are eligible to apply for this scheme. As of now, the government decided to lend support to pisciculture, horticulture, trading, textile industry, and other service sectors. At present, there are four funding support schemes from MUDRA Yojana, they are;
c. Micro Credit Scheme (MCS):
In this scheme, loans up to ₹ 1lakh are sanctioned through mutual fund investments (MFIs) or some financing institutes.
d. Refinance Scheme:
When a person gets a loan from Commercial Banks/Regional Rural Banks (RRB)/Small finance banks/Non-Banking Finance Companies (NBFCs), government refinance them through this scheme. Refinance is available up to a loan of ₹10lakhs per unit.
e. Women Enterprise Program:
The government has taken a step forward to support women. Through this special act, the government reduced interest for the loan taken by women. At present, the government decided to reduce the interest of 25 basis points in its interest rates to banks who issue a loan for women.
f. Securitization:
For safety and security government has started to securitize the loan portfolio, and when the loan is sanctioned, only the respective person has access to it.
Interest Rates And Charges Of Pradhana Mantri Mudra Yojana
#footable_2514, #footable_2514 table { background-color: rgba(255, 255, 255, 1) !important; color: rgba(37, 35, 35, 1) !important; border-color: !important; } #footable_2514 thead tr.footable-filtering th { background-color: !important; color: !important; } #footable_2514:not(.hide_all_borders) thead tr.footable-filtering th { border : 1px solid transparent !important; } #footable_2514 .input-group-btn:last-child > .btn:not(:last-child):not(.dropdown-toggle) { background-color: !important; color: !important; } #footable_2514 tr.footable-header, #footable_2514 tr.footable-header th, .colored_table table.ninja_table_pro.inverted.table.footable-details tbody tr th { background-color: rgba(22, 1, 44, 1) !important; color: rgba(251, 248, 248, 1) !important; } #footable_2514 tbody tr:hover { background-color: !important; color: !important; } #footable_2514 tbody tr:hover td { border-color: !important; } #footable_2514 tbody tr:nth-child(even) { background-color: rgba(181, 240, 255, 1) !important; color: !important; } #footable_2514 tbody tr:nth-child(odd) { background-color: !important; color: !important; } #footable_2514 tbody tr:nth-child(even):hover { background-color: !important; } #footable_2514 tbody tr:nth-child(odd):hover { background-color: !important; } #footable_2514 tfoot .footable-paging { background-color: rgba(135, 200, 210, 1) !important; } #footable_2514 tfoot .footable-paging .footable-page.active a { background-color: !important; } #footable_2514:not(.hide_all_borders) tfoot tr.footable-paging td { border-color: !important; }
Here MCLR represents the Marginal cost of funds-based lending rate an interest rate for banks fixed by the Reserve Bank of India (RBI).
Repayment:
For a demand loan, the maximum period given is 36months, and for a term loan, it is 84 months, including moratorium. Here moratorium means a period where you don’t have to pay EMI for the loan taken. A demand loan is a complete repayment without warning the client, whereas a term loan is where you can repay over a while.
Modes Of Applying For Pradhana Mantri Mudra Yojana (PMMY)
So we learned so much about the MUDRA loan, and one part of our duty has completed, but what next? Well, to start a business learning things is not the only process, but we need to learn how to apply for a loan. But in today’s world, we have both online and offline modes for applying for the loan. Some can make their work easier through online mode, but some who don’t know how to operate they choose offline. So we are here to guide you on how to apply for loans both offline and online mode. Let’s get into that!
Applying for Pradhana Mantri Mudra Yojana Or Mudra loan through Offline Mode:
The first thing you have to choose is to select the most popular and safe bank that is near to you.
Then approach them and discuss the type of business and the loan category that you wish to choose. Write a self-written business plan and submit it.
Later provide all the necessary documents such as filled application form, passport size photos, caste certificates, identity proofs, address proofs, company documents, etc. This step is essential because the bank has to verify all your accounts to proceed further.
Once the submitted documents are verified, the loan is sanctioned with the amount that you asked. A manager will approach you and discuss the interest and charges that you have to pay.
Applying for Pradhana Mantri Mudra Yojana Or Mudra loan through Online Mode:
Go to the website of a respective bank that you select.
Fill the application form with all the required documents and submit them. Save a copy for the future.
Later wait for the bank representative to call you and then proceed with further steps on the loan.
Once the documents and application form are verified, then your loan is approved.
Documents Required For Applying In Pradhana Mantri Mudra Yojana (PMMY)
Proof of identity House card, Aadhaar card
Passport size photos
Proof of business address
Business identity card.
Note:
Provide all the required information like your phone number, Aadhaar cards, your caste certificate and the previous loans you have taken and the name of the bank, etc.
Once your loan is approved, then you will receive a MUDRA card. This is a debit card, and the borrower can use this card for withdrawal and credits. This card can digitalize the credit history of the borrower. This card can be accessed over the entire country and money can be withdrawn from any ATM/micro ATM.
Frequently Asked Questions:
1. Does the Pradhana Mantri Mudra Yojana scheme extend the portfolio guarantee?
Yes, the government of India has secured the portfolio of each borrower and you can trust them.
2. What are the synergies aligned with PMMY?
Government schemes like Make in India, Stand-Up India, and Start-up India are the synergies aligned with the MUDRA loan scheme.
3. What is the normal repayment time for the MUDRA loan?
12 to 60 months is the normal repayment time for the MUDRA loan. For a demand loan, it can be 36 months and for a term loan, it is for 84 months.
4. Do the lenders offer a pre-approved MUDRA loan?
Yes, some of the lenders can approve the loan by verifying the application form for the loan.
5. What happens if the loan is not yet paid back?
Even though all the public and private banks have come together for this initiation, there are still some conditions while issuing a loan. These terms are explained to you/lender right before approving a loan. Based on these conditions there is a certain period of time for repayment. If it is not paid back then respective banks will make certain actions on the borrower.
6. Which bank is best for the Mudra loan?
Banks like  ICICI Bank, Central Bank of India, Indian Bank, Kotak Mahindra Bank, and some banks are best to choose.
7. Can I take Mudra loan for multiple times?
Yes, you can take a loan for two or three times from different banks but the only condition is the total amount of loan taken should not exceed the maximum amount of this scheme.
Bottom Line:
Don’t step back when you are not able to start a business, the government has taken every individual’s responsibilities so that you can develop and in return, our country can develop. So come forward and apply for the Pradhana Mantri Mudra Yojana and let’s hope for the best!
source http://invested.in/pradhana-mantri-mudra-yojana/
0 notes
loanandmore · 4 years ago
Text
What is Mudra Scheme
Many of us may want to start our business, but due to the lack of funds, we are not able to do that. But we need not worry now, as we have the option of the MUDRA scheme now.
Mudra stands for Micro-Units Development and Refinance Agency. Mudra Loan is a part of Pradhan Mantri Mudra Yojana or PMMY. This loan scheme intends to boost the business in India by providing loans of a small amount to the budding entrepreneurs.
As per the scheme launched by the Indian Government, the loan borrowers can take loans for their business. The loan amount starts from INR 50,000 and can go up to INR 10 lakh. The loan gets categorised into three types that are Sishu, Kishor, and Tarun.
Types of MUDRA Loan
So, the three schemes under Mudra loan and their features are:
Shishu Mudra Loan: As per this category of Pradhan Mantri mudra loan, the borrower can take a loan of up to INR 50,000.  
Kishor Mudra Loan: As per this type, the borrower can take a loan starting from the amount of INR 50,000 and maximum of the amount of INR 5 lakh
Tarun Mudra Loan: As per this final and the last category of MUDRA loan, the borrower can take a loan of amount starting from INR 5 lakh and a maximum of the amount of INR 10 lakh.
These schemes intend to provide financial assistance to various types of business activities and sectors, along with the needs of entrepreneur and business segments.
How can I get a MUDRA loan?
Now, if you are thinking about the process of getting a MUDRA loan scheme, then here we brief you on how to apply for the MUDRA loan scheme.
To get Mudra Loan, the first and the most crucial step is to arrange all the necessary documents. There are certain documents you need to submit to avail of the loan benefit. So, ensure to keep those documents to keep ready. The documents you may need to get the Mudra loan include your id proof, address proof, and business proof.
The next step is speaking to the lender who provides the MUDRA scheme. You can ask the lender to offer you the form. As you get the form, you need to fill in all the details in the application form correctly. Then, along with this application form, you need to submit the necessary documents as well.
Mudra bank loan scheme is a fantastic scheme launched by the Government to create immense opportunities for employment and earning income.
0 notes
manojgangaiah · 4 years ago
Text
How to get Start-up Company Registration in Marathahalli ?
Tumblr media
Start-up Company Registration in Marathahalli the expansion of entrepreneurship in metropolis has seen an upswing lately with additional and additional individuals selecting to line up their own venture instead of continued with employment. The definition of a come out business in Bangalore for this purpose is any personal company, registered partnership or a liability partnership, that isn't over seven years recent (ten years for biotech ventures) with annual turnover not prodigious Rs. 25 core. Varied initiatives are launched to assist start-ups the various campaigns by Government of India have additionally helped enormously to spice up this growth however the intention to start out a business is simply the start. One ought to additionally savvy to induce the standing of a recognised start-up. During this post, we are going to assist you check up on the method of registering a start-up company in metropolis. One will apply for the beginning up Company registration, known as the Certificate of Recognition for Start-ups, by visiting the Consultry and filling within the form and uploading the mandatory documents,  Start-up company Registration Consultants in Marathahalli Under the Start-up Company registration set up the govt has additionally introduced initiatives just like the Stand-up India theme to assist weaker sections of society and girls entrepreneurs get bank loans between Rs. ten 100000 to Rs. 1 core. Initiatives just like the Pradhan Mantri gesture Yojana (PMMY) are introduced to assist small/micro enterprises get the mandatory funds to form and market their merchandise. Such start-up company Registration Services in Marathahalli have entrepreneurs consider putting in what they feel is that the best business to start out in Bangalore.
Why must you begin a Start-up company registration in Marathahalli?
Private restricted corporations have the attraction of external funding and liability of shareholders. Intrinsically it's the foremost most well-liked type of company structure for start-ups and growing corporations. Personal company is that the best type of company. The compliances are less in comparison to public company.
What does one get BY Start-up Company Registration through CONSULTRY?
1.     Digital Signature of 2 administrators
2.     DIN (Directors Identification Number) of 2 administrators
3.     Company Name Reservation
4.     Hard and soft copy of Articles of Association & note of Association
5.     Reply to queries raised by mythical creature department throughout registration
6.     Receipts of state Fees
7.     Receipts for Payment of revenue enhancement and Registration Fees
8.     Our skilled Fee receipt
9.     Certificate of Incorporation
10.                        PAN and TAN of your Company
11.                        Support to open a checking account
12.                        Tax Consultation for complimentary
What is the method of Start-up Company Registration in Marathahalli consultant?
The process of registering a non-public company is complicated. It needs facilitate and Digital signatures of leased accountants and Company secretary. It’s advisable to induce Start-up company registration in Marathahalli through professionals like leased accountants in Bangalore or maybe Company secretaries or advocates.
The following step by step procedure can guide you through the method of registering a Start-up company registration.
Step 1: Check Name accessibility and Apply for name reservation
Step 2: get Digital Signature Certificate
Step 3: get DIN
Step 5: Draft ratite bird and AOA and different registration documents
Step 4: Submit company registration application –SPICE form
Step 6: Apply for PAN and TAN in SPICE type itself
Step 7: Receive Incorporation Certificate
How to get Start-up Company Registration in Marathahalli?
Are you looking to get Start-up Company Registration in Marathahalli then we will help you on this. We are to Start-up Company Registration Consultants. Feel free to send your inquiry to [email protected] or feel free to contact: 7975187793 or visit https://www.consultry.in/
0 notes
marvel789-fan-blog · 5 years ago
Text
Pradhan Mantri Mudra Yojana
The MUDRA loan is provided under the Pradhan Mantri MUDRA Yojana (PMMY) to non-farming and non-corporate micro and small enterprises. These enterprises can avail loans up to Rs.10 Lakh under the MUDRA (Micro Units Development & Refinance Agency Ltd.) scheme.
Tumblr media
How To Apply for MUDRA loan at a financial institution?
Individuals have to follow the steps mentioned below to apply for MUDRA loan: Step 1. Keep the necessary documents ready Applicants need to have the necessary documents required to avail a MUDRA loan. These include identity proof (Aadhaar, Voter ID, PAN, Driving License, etc.), address proof (electricity bill, telephone bill, gas bill, water bill, etc.), proof of business (business registration certificate, etc.). Step 2. Approach a financial institution Individuals can apply for a MUDRA loan with almost all leading financial institutions in India. Step 3. Fill in the loan application form
Applicants then have to fill the MUDRA loan application form and furnish their personal and business details. They also have to ascertain the amount they want to avail before knowing how to apply for MUDRA loan scheme.
0 notes
ziploan-nbfc · 5 years ago
Link
The Prime Minister of India launched Pradhan Mantri MUDRA Yojana (PMMY) on April 8, 2015. Under the MUDRA loan scheme, the small and medium enterprise can avail a business loan of up to Rs. 10 lakhs.
0 notes
bloggermotion-blog · 5 years ago
Text
STARTUP LOAN FOR BUSINESS – HOW TO GET EASY FUNDING
Startup Loan for Businesses for the existing businesses looking to expand and individuals start a new business. Most of the banks provide this kind of loan. It is similar to personal loans.
There Are Two Types Of Startup Loan for Business
Line Of Credit
It works in a similar manner to a credit card. Here the card has a tie-up to the individual’s business. One of the best benefits in this type of loans is customers don’t have to pay interest for the first nine to fifteen months. After this period the interest will rise between 7.9% and 19.9%. Customers have to pay interest only on the sum they use.
Equipment Financing
In this type of loan, banks pledged the equipment as collateral. By this lender has to pay a low-interest rate with a slightly higher risk. The main benefit of this type of loan is a customer can cause depreciation of the equipment as a tax benefit for many years. Customers should have a high credit score (680+), a detailed credit report and the required documents to avail this loan.
Must Read:
HOW TO GET EASY LOAN ON LIC POLICY?
Documents Required for Startup Loan for Business
Photographs
2 passport size
Proof Of Identity
Aadhar card, PAN card, passport, driving license, voter ID
Address Proof
Aadhar card, voter ID, driving license, passport, postpaid phone bill
Age Proof
Pan card, passport
Bank Statements
Last six months
Proof Of Income
Salary slips, income tax returns
Signature Proof
Pan card, passport, bank verified signature
IFSC Code Proof
Scanned/cancelled cheque, passbook’s front page photocopy
Features And Benefits
No security or collateral required to avail a loan for a startup.
These loans come with flexible and easy repayment tenures.
The documentation for availing this loan is nominal.
The funds get rapid distribution to the applicant’s bank account.
Eligibility
Age of the applicant should range between 21 years to 65 years
Applicant must be an Indian citizen
Applicant should have a business plan
Must Read:
10 BEST BANKS FOR PERSONAL LOAN IN INDIA
How To Get Startup Funding-Startup Loan for Business
Loans For Startups By The Government Of India –
Bank Credit Facilitation Scheme –
Pradhan Mantra Mudra Yojana (PMMY) –
Credit Guarantee Scheme (CGS) –
Standup India –
Sustainable Finance Scheme –
When the business is in the early stage or just an idea, it is a challenge to get funding. Also, the small, micro and medium enterprises sector in India only has limited access to formal credit.
This scheme is headed by NSIC (National Small Industries Corporation); it looks at the credit needs of the MSME units. Also, NSIC has partnered with several banks so they can provide loans to MSME units. Scheme’s repayment tenure ranges between 5 years and 7 years. It can be extended up to 11 years in special cases.
This scheme is headed by MUDRA (Micro Units Development and Refinance Agency) and launched in 2015. It offers loans to all kinds of trading, manufacturing and service sector activities. Also, the scheme offers a loan under 3 categories – Tarun, Kishor and Shishu. This loan can be availed by shopkeepers. Artisans, machine operators, vegetable vendors, repair shops, etc.
New and existing MSMEs can avail this loan that is involved in manufacturing and service activities. CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) head this scheme. But, agriculture, retail trade, educational institutions, self-help groups (SHGs) are excluded from this scheme.
This scheme is headed by SIDBI and launched in April 2016. It extends loans to enterprises in trading, manufacturing or services. Also, one can avail loan between Rs. 10 lakh and Rs. 1 crore. Further, the repayment tenure is 7 years and the maximum moratorium period allowed is 18 months.
It is also headed by SIDBI and offers loans to industries that deal in renewable energy, green energy, technology hardware and non-renewable energy. Further, the government started this scheme to offer support to the complete value chain of energy efficiency/cleaner production and sustainable development projects.
Startup India Registration
Log on to startup India portal
Enter your legal entity
Then enter your business registration number
Enter the registration date
Then enter your PAN number
Enter the address, pin code and state
Also, enter details of authorized representatives
Enter the details of partners
Upload the required documents
File the registration certificate
Must Read:
10 BEST BANKS FOR EDUCATION LOAN IN INDIA
How To Apply For A Startup Loan for Business In India?
The borrowers are needed to carry out the required paperwork. Then submit the required documents to avail the loan for a startup. These loans are offered by the government so some of the loans are collateral-free.
Some Of The Important Things To Check Before Applying For The Startup Loan:
Personal Background: Personal background means whether you had a criminal history. Details of your background are checked.
Resume Or Business Background: They ask for the applicant’s experience in growing the business.
Business Plan: There should be a well-thought business plan in the loan application.
Personal And Business Tax Returns: They ask for the past 3 years personal and business tax returns.
Legal Documents: Proof of the legal business.
Collateral (if required): It may help you get a bigger amount of loan for startup and strengthen your profile.
Advantages Of Securing Startup Loan From Bank
There are various benefits of securing a loan for a startup from a bank because venture capital funds are very costly. Also, the return rate to the bank is fixed at a low amount of about 13%-17% and banks do not require equity dilution. If we talk about the approach then banks are available everywhere in India and easier to approach. Also, it is too easy to approach your local bank and request for funds. Banks have a well-established framework for funding evaluation. So the whole process of requesting funds is fast in banks than a venture capitalist.
Hence, here we discussed loan for startup and we clearly see that the government is encouraging for better business opportunities. So, there are different types of loans that the government offers for different purposes. One can avail the loan which suits their requirements. Most of these loans also have a subsidy, which helps most in beginning a new business.
0 notes
letskaursimmi832love-blog · 6 years ago
Text
PRADHAN MANTRI MUDRA YOJANA
MUDRA (Micro Unit Development & Refinance Agency) provides refinance to micro-business under the Scheme of Pradhan Mantri MUDRA Yojana. Indian economy is growing slowly and steadily and to support more and more small and medium enterprises NBFC’s have stepped in. They are in plan to provide financial support to as many as possible small and medium enterprises. These small medium enterprises include fruits & vegetable vendors, small fleet operators, repair & maintenance shops etc. To meet the requirement of such financial issues the banking standard measures will not get affected. These micro units are predominantly sole proprietorship or own account enterprises, a segment that usually fails to meet the stringent checks of banks for loans.
The financing scheme of PMMY has been divided into 3 major financing categories as Shishu, Kishor & Tarun. The division is done on the bases of fund required by the beneficiary for enhancing their enterprises or business.
MUDRA Yojana Offers
S.no
MUDRA TypesLoan Amount
1
Shishu
Covering loan up to Rs. 50,000/-
2
Kishor
Covering loan above 50,000 & up to 5 Lakh
3Tarun
loan above 5 Lakh to 10 Lakh
Purpose of MUDRA Loan:
Equipment Finance for Micro Units
Business loan for shopkeepers, Vendors, Traders & other Service Sector activities
The working capital loan through MUDRA Cards
Transport Vehicle loans
Benefits of Mudra Yojana:
No minimum limit is set for MUDRA loans.
Applicant need not submit any security for availing MUDRA Loan
No processing charges are applicable
A loan can be availed by all small & medium enterprises who are engaged in the generation of income and employment
Loan amount acquired by the applicant can be utilized for different purposes since the loan facilitates its extend under Pradhan Mantri MUDRA Yojana
Funding Support of MUDRA Yojana/ loan is of 4 types
Women Enterprise programmed
Micro Credit Scheme for loans up to  1 lakh finance through MFIs
Refinance Scheme for Scheduled Co-operative Banks, Commercial Banks, and Regional Rural Banks
Securitization of a loan portfolio
MUDRA Yojana or Loan is a best business loan option for all those who are planning to run their business at large scale. Apply for a personal loan and fulfill your dreams under the guidance of the government. The government itself is promoting enterprises and business plan by empowering small medium enterprises, enterprising women and strengthening nation.
APPLY FOR HOME LOAN
APPLY FOR LOAN ONLINE
APPLY FOR ONLINE PERSONAL LOANS
APPLY FOR PERSONAL LOAN
BEST PERSONAL LOAN PROVIDER IN DELHI
BUSINESS LOAN
CLICK HERE FOR ONLINE HOME LOAN
HOME LOAN
HOW TO USE A PERSONAL LOAN FOR YOUR TRAVELS
ONLINE APPLY FOR HOME LOAN
PERSONAL LOAN
PMMY
PRADHAN MANTRI MUDRA YOJANA
0 notes