Pradhan Mantri Mudra Yojana: Interest Rates, Loan Categories and Application Process

Pradhan Mantri Mudra Yojana loan category

The Pradhan Mantri Mudra Yojana (PMMY) is a cool government scheme launched to help young entrepreneurs get their business ideas off the ground. Since 2015, PMMY has been offering easy loans to small businesses and startups. You can get up to ₹10 lakh depending on how far along your business is—₹50,000 for newbies, ₹5 lakh for growing businesses, and ₹10 lakh for more established ones. It’s a great way to turn your business dreams into reality with less hassle and more support!