*Provisional Data
Last Updated on: 01/03/2024
MUDRA VISION
"To be a combined financial and administrative services offering par excellence benchmarked with global norms and best practices for the bottom of the pyramid sector for their overall economic and social prosperity."
MUDRA MISSION
"To develop an inclusive, sustainable and ethics based entrepreneurial culture, while working with our partner organisations in achieving economic success and financial security."
Pradhan Mantri MUDRA Yojana (PMMY)
Mantri Pradhan The Hon’ble Prime Minister introduced the MUDRA Yojana (PMMY) on April 8, 2015, with the goal of lending up to Rs. 10 lakh to small and micro companies that are not corporations or farms. Under PMMY, these loans are categorised as MUDRA loans. Commercial banks, RRBs, MFIs, NBFCs, and small finance banks are the lenders of these loans. The borrower may apply online at www.udyamimitra.in or in person at any of the lending institutions listed above.Three goods, “Shishu,” “Kishore,” and “Tarun,” have been developed by MUDRA under the auspices of PMMY to denote the financial requirements and stage of development of the recipient micro unit or entrepreneur. These products also serve as a point of reference for the subsequent graduation or growth phase.
Achievements Under PMMY Since Inception
Shishu
Covering Loans Upto Rs. 50,000/-
Kishore
Covering Loans Above Rs. 50,000/- And Upto Rs. 5 Lakh
Tarun
Covering Loans Upto Rs. 5 Lakh And Upto 10 Lakh
