Mudra Loan
The Pradhan Mantri Mudra Yojana (PMMY) offers financial support to micro, small, and medium enterprises (MSMEs) for income-generating activities. With Mudra loans, you can access funds for working capital, equipment, or other business expenses.
Eligibility: Small businesses, micro-enterprises, and self-employed individuals.
Loan Amount: Up to ₹10 lakhs.
MSME Loan
MSME loans aim to provide financing to Micro, Small, and Medium Enterprises, boosting their growth and helping them overcome financial challenges. These loans come with easy terms and are available for both new and existing businesses.
Eligibility: MSMEs, new or existing.
Loan Amount: Varies based on business requirements.
PMEGP Loan
The Prime Minister’s Employment Generation Programme (PMEGP) is designed to generate employment through the establishment of micro-enterprises. PMEGP loans provide financial assistance to new ventures in various sectors such as manufacturing, services, and agriculture.
Eligibility: Individuals, cooperative societies, self-help groups (SHGs), and more.
Loan Amount: Up to ₹25 lakhs (for manufacturing) and ₹10 lakhs (for service sector).
