Mudra Loan
Micro Loans for Micro Businesses
Micro Units Development and Refinance Agency (MUDRA)
MUDRA loans under the Pradhan Mantri MUDRA Yojana (PMMY) provide collateral-free loans to micro and small businesses across manufacturing, trading, and service sectors in three progressive tiers.
₹10 Lakh
Maximum (Tarun tier)
7–15
Days to Disburse
No Collateral
Required
8–12%
Interest Rate Range
Up to ₹50,000
Shishu Tier
₹50,001 – ₹5 Lakh
Kishor Tier
₹5 Lakh – ₹10 Lakh
Tarun Tier
Not Required
Collateral
Are You Eligible?
Check your eligibility and prepare documents — we handle the rest.
Am I Eligible?
Tap each criterion to check — how many apply to you?
Non-corporate, non-farm micro and small enterprises
Shopkeepers, artisans, vendors, service providers
Manufacturing, trading, or service sector businesses
Age 18–60 years (varies by lender)
New or existing enterprises needing startup/expansion funding
Not sure about all criteria? Book a free consultation — we'll do a complete eligibility assessment for you.
Documents Needed
We help you prepare and verify every document before submission.
Missing any documents? We assist with obtaining and attesting all required paperwork.
Step-by-Step Process
We manage the entire application — you just review and approve.
Choose Your Tier
Identify Shishu, Kishor, or Tarun based on your funding requirement and business stage.
Prepare Business Details
We help you prepare a concise business plan, cost estimates, and required documents.
Apply at Lender
We identify the right bank or NBFC and submit your application with all documents.
Approval & Disbursal
Lender appraises and disburses the loan within 7–15 days for eligible applicants.
Got Questions?
We've answered the most common questions about Mudra Loan. Need more clarity? Call us.
Still Have Questions?
Our experts can answer all your queries in a free 30-min call.
What is the difference between Shishu, Kishor, and Tarun?
Shishu covers up to ₹50,000 for very small businesses. Kishor covers ₹50K–₹5L for businesses needing moderate funding. Tarun covers ₹5L–₹10L for growing enterprises. Each has different documentation requirements.
Is there any subsidy on Mudra loans?
Standard Mudra loans do not have a direct subsidy. However, interest rates are kept low as per RBI guidelines. Some state governments offer additional interest subvention on Mudra loans.
Which bank should I approach for Mudra loan?
All public sector banks, private banks, MFIs, and NBFCs offer Mudra loans. We identify the right lender based on your location and credit profile for fastest approval.
Can Mudra loans be used for any purpose?
Mudra loans can be used for working capital, machinery purchase, vehicle loans (for transport), equipment, and business premises. They cannot be used for speculative purposes.
Is there a credit score requirement?
While there is no fixed CIBIL score requirement, a good credit history improves approval chances. For Shishu loans, most banks are flexible on credit history.
Get Up to ₹10 Lakh for Your Business
Collateral Free | Low Interest · 7–15 days · 90%+ Success Rate