Mudra Loan (PMMY)
Get collateral-free business financing through the Pradhan Mantri Mudra Yojana (PMMY). Start, expand, or modernize your business with government-backed Mudra Loans.
Free Eligibility Check
Discover schemes you're eligible for.
₹20L
Maximum Loan
No
Collateral Required
3
Loan Categories
PAN India
Available Nationwide
What is a Mudra Loan?
Mudra Loan is offered under the Pradhan Mantri Mudra Yojana (PMMY), a flagship Government of India initiative that provides collateral-free loans to micro and small businesses. The scheme supports entrepreneurs, startups, traders, manufacturers, service providers, and other eligible businesses through banks, NBFCs, and Micro Finance Institutions.
Key Benefits
Business Loan
₹20 Lakh
Collateral-free financing for eligible businesses.
Collateral
Not Required
No security required for eligible borrowers.
Loan Categories
3 Types
Shishu, Kishore, and Tarun Plus based on business needs.
Easy Access
PAN India
Available through banks, NBFCs, and MFIs.
Who Can Apply?
Check whether your business qualifies before starting the application process.
Indian Citizen
Eligibility requirement for application approval.
Startup or Existing Business
Eligibility requirement for application approval.
Micro or Small Enterprise
Eligibility requirement for application approval.
Manufacturing, Trading or Service Business
Eligibility requirement for application approval.
Non-Farm Income Generating Activity
Eligibility requirement for application approval.
Viable Business Proposal
Eligibility requirement for application approval.
Not Sure About Your Eligibility?
Our experts will review your profile and suggest the best government schemes based on your business stage and industry.
📞 Free Eligibility AssessmentApplication Process
We handle everything from eligibility assessment to final approval.
Eligibility Check
Assess your business and funding requirements under PMMY.
Prepare Documents
Collect KYC, business registration, and financial documents.
Submit Application
Apply through a participating bank, NBFC, or financial institution.
Loan Verification
The lender reviews your eligibility, business plan, and repayment capacity.
Loan Disbursement
Receive the approved loan amount directly into your account.
Required Documents
Aadhaar Card
PAN Card
Business Registration Certificate (If Applicable)
Udyam Registration (If Available)
GST Registration (If Applicable)
Business Address Proof
Business Plan / Project Report
Bank Statements
Passport Size Photographs
Income Tax Returns (If Applicable)
Quotation for Machinery or Equipment (If Applicable)
Why Choose LegalNova?
Expert Guidance
High Approval Rate
Fast Processing
End-to-End Support
Quick Benefits
- Up to ₹20 Lakh
- No Collateral
- 100% Online Assistance
Ready to Apply?
Get professional assistance from Legal Nova and maximize your chances of approval.