mudra loan details

Mudra Scheme

Mudra Scheme (2024), Loan Limit, Interest Rates, Objectives and Eligibility

Mudra Scheme:- Small and medium-sized enterprises frequently find it difficult to obtain bank loans because they lack the necessary collateral or money to cover the interest. In the end, fostering the expansion of these companies will boost the economy. A financial initiative called the Mudra Yojana aims to assist micro units and provide them with …

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Mudra Loan Scheme

Mudra Loan Scheme, Eligibility, Interest Rate, Advantages & Benefits

Mudra Loan Scheme:- The Pradhan Mantri Mudra Yojana (PMMY) provides MUDRA Loans. The Micro-Units Development and Refinance Agency is known by its acronym, MUDRA. Under this scheme, borrowers falling under the Sishu, Kishor, and Tarun categories can apply for business loans ranging from Rs. 50,000 to Rs. 10 lakh. Micro Units Development and Refinance Agency …

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