1. Pradhan Mantri MUDRA Yojana: 3 offerings ‘Shishu’, ‘Kishore’, ‘Tarun’ and 5 products in PM Narendra Modi scheme

Pradhan Mantri MUDRA Yojana: 3 offerings ‘Shishu’, ‘Kishore’, ‘Tarun’ and 5 products in PM Narendra Modi scheme

The primary product of PM Narendra Modi's Pradhan Mantri MUDRA Yojana will be refinance for lending to micro businesses/units.

By: | New Delhi | Updated: October 3, 2015 4:53 PM
Narendra Modi

The primary product of PM Narendra Modi’s Pradhan Mantri MUDRA Yojana will be refinance for lending to micro businesses/units. (PTI)

The primary product of PM Narendra Modi’s Pradhan Mantri MUDRA Yojana will be providing refinance for lending to micro businesses/units (medium and small entrepreneurs). The initial products and schemes under this umbrella have already been created and the interventions have been named ‘Shishu’, ‘Kishor’ and ‘Tarun’ to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur as also provide a reference point for the next phase of graduation / growth for the entrepreneur to aspire for:

1. Shishu: covering loans up to Rs 50,000
2. Kishor: covering loans above Rs 50,000 and up to Rs. 5 lakh
3. Tarun: covering loans above Rs 5 lakh and up to Rs. 10 lakh

Businesses/entrepreneurs/units covered would include proprietorship/partnership firms running as small manufacturing units, shopkeepers, fruits/vegetable sellers, hair cutting saloon, beauty parlours, transporters, truck operators, hawkers, co-operatives or body of individuals, food service units, repair shops, machine operators, small industries, artisans, food processors, self help groups, professionals and service providers etc. in rural and urban areas with financing requirements up to Rs 10 lakh.

The products initially being launched are as under:

Sector/activity specific schemes, such as schemes for business activities in Land Transport, Community, Social & Personal Services, Food Product and Textile Product sectors. Schemes would similarly be added for other sectors / activities.
1. Micro Credit Scheme (MCS)
2. Refinance Scheme for Regional Rural Banks (RRBs) / Scheduled Co-operative Banks
3. Mahila Uddyami Scheme
4. Business Loan for Traders & Shopkeepers
5. Missing Middle Credit Scheme – Equipment Finance for Micro Units

Tags: MUDRA
  1. M
    mark snell
    Aug 29, 2017 at 9:42 pm
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    1. S
      shyam sundar bhoi
      Aug 29, 2017 at 7:56 am
      Business
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      1. J
        James Carl
        Aug 27, 2017 at 1:22 pm
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        1. O
          Omprakash j kori
          Aug 23, 2017 at 8:43 pm
          new business loan
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            Mr Isaac
            Aug 19, 2017 at 10:29 pm
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              Aug 13, 2017 at 2:41 am
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                Aug 9, 2017 at 5:01 am
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                    Lynn Trust
                    Aug 9, 2017 at 4:52 am
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                    1. S
                      surender SINGH
                      Aug 6, 2017 at 10:55 pm
                      I want pm shisu lon
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                      1. V
                        vinod chintamani sharma
                        Aug 3, 2017 at 4:22 pm
                        my name is vinod chintamani Sharma from Allahabad i m just started transport business. for expanding my business require rs.800000-1000000.so suggest me how to get benefit from tarun pradhanmantri yojna
                        Reply
                        1. L
                          Lynn Trust
                          Aug 9, 2017 at 4:56 am
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                          Anthony Cruz Investment
                          Jul 8, 2017 at 8:34 pm
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                            Anthony Cruz Investment
                            Jul 8, 2017 at 8:33 pm
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                              Anthony Cruz Investment
                              Jul 8, 2017 at 8:31 pm
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                              1. M
                                malay pal
                                Jul 6, 2017 at 3:21 pm
                                namaskar sir my addres bankura West Bengal mujhe 10lack loan chaihe sir please contact My Mobile number 9153760105
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                                1. V
                                  vijay kumar
                                  Jun 30, 2017 at 7:51 pm
                                  Hame to aap ke kisi bhi subidh ka labh nahi mil raha hai kyoki bank me jayoto bank maineser bolata hai ki abhi eskim band ho gayee hai 2mah me chalu ho jayegi lekin ham dekh rahe hai ki jo byakti chhoti kast ka hai usake sath yesa hi kiya jaraha hai bade logo ka bikass ho raha hai garib to hamesa mar khate hai hamesw mar khate rahenge kyo ki bha a sarakar me modi ji ne bola garibo ko ham sabase pahale dekhenge lekin bahut hi bhrasta char macha hua hai kisako kya kahe kahane ko to bahut kuchh hai jai hind jai bharat
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                                  1. A
                                    aryan yadav
                                    Jun 22, 2017 at 3:14 pm
                                    sir i want 1000000 immediately please sir i have to start a business
                                    Reply
                                    1. L
                                      Lynn Trust
                                      Aug 9, 2017 at 4:54 am
                                      Attention Everyone. Lynn Trust Loan Company is offering all type of loan without collateral, Are you tired of seeking loans and Mortgages,have you been turned down constantly By your banks and other financial ins utions,We offer any form of loan to individuals and corporate bodies at low interest rate of 2 .If you are interested in taking a loan,feel free to contact us today,we promise to offer you the best services ever Just give us a try, because a trial will convince you. What are your Financial needs? Do you need a business loan? Do you need a personal loan? Do you want to buy a car? Do you want to refinance? Do you need a mortgage loan? Do you need a huge capital to start off your business proposal or expansion? Have you lost hope and you think there is no way out, and your financial burdens still persists? Please do not hesitate to contact us for possible business co-operation ,Contact us via email: lynntrustloancompany(at) Regards Mrs Lynn Ceo/Md
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                                    2. S
                                      Sachin kumar
                                      Jun 20, 2017 at 11:40 pm
                                      5 lac. New business start loan. Mudra loan required
                                      Reply
                                      1. V
                                        Vikas Kumar
                                        Jun 17, 2017 at 7:27 pm
                                        Dear Prime Minister, I request you to give me a loan of Rs.5,00.000 so that I open my own clothing business.
                                        Reply
                                        1. K
                                          Kuldeep k aur
                                          Jun 15, 2017 at 7:20 pm
                                          Hello ji muje 3lakh mudra loan ki jarorat hi us k liya plz mere mobile no par contact kare8568932000 plz jaldi se jaldi call kare
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                                          1. B
                                            Brooks Hawks
                                            Jun 1, 2017 at 2:55 pm
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