
Checklist of Documents Required for Pradhan Mantri Mudra Yojna Loan
Pradhan Mantri Mudra Yojana (PMMY): Empowering Small Businesses
Overview:
Pradhan Mantri Mudra Yojana (PMMY) is a government initiative aimed at empowering small businesses by providing financial support. This scheme fosters entrepreneurship and drives economic growth by offering accessible loans to aspiring and existing entrepreneurs.
Key Features:
- Loan Accessibility: Easy and collateral-free loans tailored for micro and small enterprises.
- Entrepreneurship Growth: Supports budding entrepreneurs in turning their dreams into reality.
- Economic Development: Plays a pivotal role in boosting local businesses and creating job opportunities.
Benefits:
- Encourages self-reliance and financial independence.
- Provides funding for business expansion, equipment purchase, working capital, and more.
- Enables inclusive growth by targeting underserved sectors and regions.
Pradhan Mantri Mudra Yojana is a cornerstone for nurturing entrepreneurial aspirations and transforming them into tangible achievements.
Identity Proof
PAN Card/ Valid Passport/ Aadhaar Card/ Election Card
Residence Proof
Aadhaar Card/ Valid Passport/ Election Card
Others
G.S.T. Certificate, Bank Statement Last 6 Month, Bank Passbook, Passport sizePhoto-2.
Criteria And Charges
Minimum age of 18 years and maximum 59 years at loan maturity
Apply Loan Amount Min. 50,000/- Max. Loan Amount 10 Lac.
Tenure Min. 1 Year Max. 20 Year.
File Charges 3880.00/- (Security Amount) will be refunded three thousand with the loan amount & DOCUMENTARY FEES:- 880/-(NON- REFUNDABLE) & Rate of interest is 5.75%.


