Prime Minister Narendra Modi has given a big gift to the countrymen before Diwali. The loan limit has been doubled under the Pradhan Mantri Mudra Yojana. Now you can take a loan of up to Rs 20 lakh under the Pradhan Mantri Mudra Yojana (MUDRA Loan Yojana).
Earlier this limit was Rs 10 lakh, but the government has doubled it. This decision has been taken to further strengthen small entrepreneurs and increase employment opportunities in the country.
Small traders will get a big benefit
According to the Ministry of Finance, this step will fulfill the objective of the Mudra scheme more effectively. This decision will help small traders to grow their businesses and take advantage of new opportunities. This will create new employment opportunities and help strengthen the country’s economy.
Who can take a Mudra loan
New business starters: Those who want to start their new business can also take advantage of this scheme.
Expanding existing business: People who are already running their business can also use this Mudra loan to expand their business.
If you have a small business or want to start a new business, then Pradhan Mantri Mudra Yojana (PM Mudra Loan Yojana) is a very good option for you. You can apply for this loan (PM Mudra Loan Online Apply) by contacting your nearest bank or financial institution.
Benefits of Pradhan Mantri Mudra Yojana (PMMY)
Low interest rate: The interest rates on loans under this scheme are very low.
Easy and fast process: The process of taking a loan under this scheme is very easy and fast.
No need for a guarantor: No guarantor is required to take a loan under this scheme.
How to apply
You can apply for a Mudra loan by contacting your nearest bank or financial institution.
By taking advantage of this scheme, you can make your dreams come true and take your business to new heights. PM Modi’s government is constantly working to promote small entrepreneurs. MUDRA Loan Yojana is a prime example of this. You can make your dreams come true by taking advantage of this scheme.