How to Get a #MudraLoan for Small Business Expansion or Startup?

How to Get a #MudraLoan for Small Business Expansion or Startup?

Dreaming of growing your business or launching a new one? The Pradhan Mantri Mudra Yojana (PMMY) offers financial support to small entrepreneurs across India.

✅ What is a Mudra Loan?

A government-backed loan scheme that helps micro and small businesses with funding up to ₹10 lakhs — without collateral.

📌 Types of Mudra Loans:

  • Shishu: Up to ₹50,000 for beginners
  • Kishor: ₹50,000 to ₹5 lakhs for growing businesses
  • Tarun: ₹5 lakhs to ₹10 lakhs for established businesses

📝 How to Apply:

  1. Visit your nearest bank or apply online via your bank’s portal
  2. Prepare a business plan and basic documents (ID, address, income proof)
  3. Choose the right loan category (Shishu, Kishor, Tarun)
  4. Submit your application and track approval

💡 Pro Tips:

  • Keep your business idea clear and practical
  • Show how the loan will help generate income
  • Maintain a good credit history

With Mudra, your small idea can become a big success.

#MudraLoan #SmallBusinessIndia #StartupSupport #PMMY #BusinessGrowth

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