Apply for MUDRA loan
The Prime Minister of India launched Pradhan Mantri MUDRA Yojana (PMMY) on April 8, 2015. Under the MUDRA loan scheme, the small and medium enterprise can avail a business loan of up to Rs. 10 lakhs. Following are the business ventures that can apply for MUDRA loan:
Small manufacturing units
Fruit & vegetable sellers
Artisans and shopkeepers
Businesses involved in agricultural activities, such as dairy, livestock, poultry, pisciculture, fishery, etc.