Budget 2024 has proposed to increase the Mudra loan limit to Rs 20 lakh for entrepreneurs who have repaid previous loans under the ‘Tarun’ category. MUDRA has not specified any repayment tenure for ...

The government has raised the loan limit under the Pradhan Mantri Mudra Yojana (PMMY) to Rs 20 lakh to encourage entrepreneurship across India. This increase aims to support the main goal of the ...

The government on Friday doubled the limit of Mudra loan amount under the Pradhan Mantri Mudra Yojana (PMMY) to Rs 20 lakh from Rs 10 lakh under a new ‘Tarun Plus’ category to promote entrepreneurship ...

Image Source : PTI Prime Minister Narendra Modi. PM Mudra Yojana: In a bid to further support budding entrepreneurs, the Indian government has raised the loan limit under the Pradhan Mantri Mudra ...

The move will also raise the categories of Mudra loans beneficiaries from three to four under the Pradhan Mantri Mudra Yojana. The Centre has doubled the maximum limit of its Mudra loan scheme ...

The limit of Mudra loans has been enhanced to further the overall objective of the Mudra Scheme which is 'Funding the Unfunded', says the finance ministry. The Pradhan Mantri Mudra Yojana is a scheme ...

Bookmark stories for easy access on any device or the Swarajya app. The Union Finance Ministry’s Department of Financial Services (DFS) has created a ‘Tarun Plus’ category within the Mudra ...

The Pradhan Mantri MUDRA Yojana (PMMY) was launched by Prime Minister Narendra Modi on April 8, 2015. Its primary goal is to provide easy, collateral-free micro-credit of up to Rs 10 lakh to ...

MUDRA loans don’t pose a threat to banks’ balance sheets and the lenders are well prepared to take steps to deal with the impact of NPAs, a senior State Bank of India (SBI) official said on Thursday.

SBI offers business loan for up to Rs 10 lakh (up to Rs 20 lakh proposed in 2024 Budget) for a tenure of up to 7 years under the PM MUDRA Yojana (PMMY) scheme. PM MUDRA (Micro Units Development & ...