Pradhan Mantri MUDRA Yojana (PMMY)
Shown as running by: PIB, Ministry of Finance: PM Mudra Yojana completes 11 years (8 Apr 2026) (8 Apr 2026, Year-wise sanction amount: 2025-26 (as on 27.03.2026) 4.49 crore loans, ₹5.65 lakh crore; “PM MUDRA Yojana will continue to empower entrepreneurs”)
Collateral-free bank loans of up to ₹20 lakh for small non-farm businesses, including activities allied to agriculture such as poultry, dairy and beekeeping, in four sizes: Shishu (up to ₹50,000), Kishor (up to ₹5 lakh), Tarun (up to ₹10 lakh) and TarunPlus (up to ₹20 lakh).
- Lead benefit
- up to ₹20,00,000collateral-free loan
- Components
- 1each read from the document
- Who can apply
- 9kinds of applicant
- Closing date
- Noneapply any time
What it pays
A collateral-free loan of up to ₹20 lakh for a dairy, poultry, beekeeping or other allied or non-farm business; it is a loan to repay, not a subsidy.
What the document says, word for word
MUDRA is for non-corporate, non-farm income-generating activities: crop cultivation itself is not covered (use a Kisan Credit Card for that), but allied activities such as poultry, dairy and beekeeping are. There is no interest subsidy in the scheme.
“Shishu: covering loans upto Rs. 50,000/- Kishor: covering loans above Rs. 50,000/- and up to Rs. 5 lakhs Tarun: covering loans above Rs.5 lakh and upto Rs.10 lakhs TarunPlus: covering loans above Rs.10lakh and upto Rs.20 lakhs Loans cover term financing and working capital needs across manufacturing, trading and service sectors, including activities allied to agriculture like poultry, dairy, and beekeeping, etc. The interest rate is governed by RBI guidelines, with flexible repayment terms.”How much can I claim?
A collateral-free loan: Shishu up to ₹50,000, Kishor up to ₹5 lakh, Tarun up to ₹10 lakh, TarunPlus up to ₹20 lakh, at the lender’s rate under RBI rules.
MUDRA is for non-corporate, non-farm income-generating activities: crop cultivation itself is not covered (use a Kisan Credit Card for that), but allied activities such as poultry, dairy and beekeeping are. There is no interest subsidy in the scheme.
Who can apply
- Other farmer
- Small or marginal farmer
- SC farmer
- ST farmer
- Woman farmer
- Tenant or sharecropper
- Landless
- Agri entrepreneur
- Self-help group
Papers you need
How to apply
- Apply at a bank, NBFC or micro-finance institution with your business plan for the dairy, poultry, beekeeping or other unit (Key Features of PMMY).
- Ask for the category that fits your need — Shishu, Kishor, Tarun or TarunPlus; the loan can be a term loan, working capital, or both.
- The interest rate and repayment terms are set by the lender under RBI rules; no collateral is required.
Applying is free. Never pay anyone to apply for you.
When to apply
The guidelines set no closing date.
Combining with other schemes
The documents do not say whether this can be combined with other schemes. Ask the implementing office before you count on both.