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Mudra Loan (PMMY)

Micro-enterprise loans up to ₹10 Lakhs without collateral

By Saarthiom Advisory TeamFree Consultation Available
4 Step Process5 Eligibility Criteria

Pradhan Mantri Mudra Yojana (PMMY) provides loans up to ₹10 Lakhs to non-corporate, non-farm small/micro enterprises. Mudra loans are offered under three categories: Shishu (up to ₹50,000), Kishor (₹50,001 to ₹5 Lakhs), and Tarun (₹5,00,001 to ₹10 Lakhs).

These loans require no collateral and are available through banks, NBFCs, and Micro Finance Institutions. Mudra loans can be used for working capital, equipment purchase, business expansion, or starting a new enterprise.

Saarthiom helps entrepreneurs identify the right Mudra category, prepare the application, and file with the best-fit lending institution for quick approval.

Micro-enterprise loans up to ₹10 Lakhs without collateral

— Saarthiom Advisory

Eligibility — Who Qualifies?

Indian citizen with a business plan or existing micro-enterprise
Non-corporate, non-farm small business entity
Manufacturing, trading, or service sector
No existing loan default
Age between 18 and 65 years

How It Works — Step by Step

01

Category Selection

We determine whether Shishu, Kishor, or Tarun is right for your need.

02

Document Preparation

All required documents and a basic project report are prepared.

03

Lender Filing

Application is filed with the selected bank, NBFC, or MFI.

04

Disbursal

Loan is typically sanctioned and disbursed within 7–15 working days.

Documents Required

Aadhaar Card & PAN Card
Business address proof
Identity proof with photograph
Quotation for machinery / equipment (if applicable)
Business plan or project report
Category certificate (SC/ST/OBC, if applicable)

Begin Your Free Consultation

Our advisors will evaluate your eligibility and guide you through every step at zero cost.

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