The Indian government brings many schemes for the citizens of the country. The government has different schemes according to the needs of different people. The Government of India provides financial benefits to the people through its various schemes. If you want to start a business or expand your business. But you don’t have money. So the Indian government also helps you. For this, the Government of India started the Pradhan Mantri Mudra Yojana in the year 2015.
Under the Pradhan Mantri Mudra Yojana, the government provides loans to people setting up non-agricultural, non-corporate small and micro enterprises. This loan is given by the government in three categories. This includes infants, teens, and young adults.
Loan up to Rs 50,000 is available in Shishu category. In the teenage category, loans ranging from Rs 50,000 to Rs 5 lakh are available. Therefore, loans ranging from Rs 5 lakh to Rs 10 lakh are given to the youth group. But now Tarun Plus category has been added to it. In which loan up to Rs 20 lakh is available.
But in Tarun Plus category, only those people get loan who have taken loan in Shishu Kishore Tarun category under Mudra Yojana and have repaid it on time. In Tarun Plus category, only those people can take loan who first take the loan and repay it.
If you also want a loan under Pradhan Mantri Vishwakarma Yojana, then you can apply online by visiting the official website www.udyamimitra.in. Additionally, you can apply offline by visiting your nearest bank, non-banking financial company (NFBC) or microfinance institute (FMI) branch.
Let us tell you that under Pradhan Mantri Mudra Yojana i.e. PMMY, loans have been provided to more than 47 lakh small and new entrepreneurs of the country so far. Under this scheme, loans worth Rs 27.75 lakh crore have been given so far.
