MUDRA loan

Modi Govt Giving Loan of Rs 1 Lakh Under Mudra Scheme on Payment of Rs 1,750 as Loan Charges? Here's the Truth Behind it

PIB has tweeted that an approval letter that claims to grant a loan of Rs 1,00,000 under the PM Mudra Loan Yojna on payment of Rs 1,750 is FAKE.

Jan 30, 2023, 14:30 PM IST

Bumper business Idea: Invest 1.98 lakh on this biz, earn turnover of Rs 29 lakh --Check loan, yearly income, net profit and other details

You can start the business of tomato sauce making at a total cost of Rs 7.82 lakh. However, you will only have to invest Rs 1.95 lakh from your pocket and the rest of the money will be provided under the Mudra loan scheme.

Dec 21, 2022, 10:53 AM IST

Want to start your own business? Get upto Rs 10 lakh loan under Modi govt's Mudra scheme --Know details

The Pradhan Mantri MUDRA Yojana (PMMY) scheme was launched by the Modi government in April 2015 to provide loans up to Rs 10 lakh to the non-corporate, non-farm small/micro enterprises.

Nov 04, 2022, 14:29 PM IST

PM Mudra Loan: Get Rs 6 lakh by depositing Rs 1,999? Know the truth

Busting the fake news behind the viral post, Press Information Bureau (PIB) has tweeted that the news is actually false.

Nov 01, 2021, 14:38 PM IST

Mudra loan: Have any grievances? Know where and how to register your complaints

Under Mudra loan, banks and Micro Finance Institutions extend loans in three categories.

Jan 11, 2021, 18:50 PM IST

Get loan upto Rs 10 lakh for your business, here is how to benefit from Modi govt's scheme

Mudra loan is extended for a variety of purposes which result in income generation and employment creation.

Nov 13, 2020, 17:10 PM IST

2% interest subvention approved on prompt repayment of Shishu Loans under PM MUDRA Yojana

Under PMMY, loans for income generating activities up to Rs 50,000 are termed as Shishu loans.

Jun 24, 2020, 17:27 PM IST

Want to start your own business at under Rs 3 lakh? Choose from these 5 biz under Mudra scheme

Mudra loan is extended for a variety of purposes which result in income generation and employment creation.

May 04, 2020, 14:59 PM IST

Mudra loans amounting to Rs 17,651 crore turned into NPAs since inception of scheme

Reasons for NPAs for loans extended under PMMY are, inter-alia, first time borrowers under Shishu category prioritising emergent needs, business failures, inefficiencies in lending practices, poor credit appraisal, wilful default by borrowers, impaired cash flows of the units due to slowdown in business etc.

Jul 16, 2019, 15:18 PM IST