Loan categories
- Shishu: up to ₹50,000
- Kishore: above ₹50,000 up to ₹5 lakh
- Tarun: above ₹5 lakh up to ₹10 lakh
- Tarun Plus: above ₹10 lakh up to ₹20 lakh, for borrowers who have successfully repaid an earlier Tarun loan
Who can apply
Individuals, proprietors and small enterprises running or starting an income-generating activity in manufacturing, trading, services, or allied agriculture (dairy, poultry, fisheries, beekeeping, food processing). Crop loans are not given under Mudra; farmers use the Kisan Credit Card for crop finance.
How to apply
- Apply at a bank, NBFC or MFI branch, or online through the government's Jan Samarth portal.
- Keep identity and address proof, a simple business plan or quotation for machinery, and bank statements ready.
- No collateral is needed; loans are covered by a government credit guarantee fund. Interest rates are set by each lender.
Official source
Check the latest rules, benefits and forms here. KisanPe is an independent platform and is not a government website.
Pradhan Mantri Mudra Yojana ↗Related on KisanPe
Common questions
What is the maximum Mudra loan?
Up to ₹20 lakh under the Tarun Plus category, available to borrowers who repaid a Tarun loan; otherwise up to ₹10 lakh.
Is collateral required?
No. Mudra loans are collateral-free and backed by a credit guarantee fund.
Can farmers get a Mudra loan?
For allied activities like dairy, poultry, fisheries and beekeeping, yes. For crop cultivation, use the Kisan Credit Card.
General guidance, not personal advice. For your farm, ask your local Krishi Vigyan Kendra or agriculture officer.
More Government Schemes & Subsidies guides
Ask Sakhi AI in your language, check live mandi prices or plan a loan with KisanPe tools.