PM Mudra Loan Yojana is perfect for doing business. If you do not have any work and want to start a business, then do not delay. By joining PM Mudra Loan Yojana, you can start a great company that will not cause any problems. Under this scheme, the government used to give a loan of up to Rs 10 lakh for business, but in the financial budget 2024, this limit has now been doubled.
Under PM Mudra Loan Yojana, a loan of up to Rs 20 lakh can now be taken comfortably, which will not cause any problems. This loan has been divided into three categories by the government, due to which there will be no problem. People can apply for the loan under certain conditions. You can read the article carefully to know the essential things related to the scheme.
Important things related to PM Mudra Loan Yojana
PM Mudra Loan Yojana started, according to starting a business, which has been divided into three categories by the government. In this, the first category is the Shishu Loan, the second is the Kishor Loan, and the third is the Tarun Loan. Through Shishu Loan, you can start your business by taking a loan of up to 50 thousand. The most important thing is that no guarantor is required for this. Through Kishor Loan, you will get a loan from Rs 50,000 to Rs 5 lakh. Under Tarun Loan, you will quickly get a loan of Rs 5 lakh to Rs 20 lakh. Interest rates are fixed at around 9 to 12 per cent.
Apply with the necessary documents
You can apply for the PM Mudra Loan Scheme under certain conditions. You must have essential documents like an Aadhar Card, PAN Card, Residence Certificate, Passport Letter, Business, and KYC Documents. You can also apply online for the scheme. For more information, you have to go to https://www.mudra.org.in/ and click.
For information, let us tell you that in the era of unemployment, everyone dreams of having some means of earning money. If you do not have any means, then PM Mudra Loan Yojana is proving to be a significant gift.