PM Mudra Yojana- If you want to take a loan of 15 lakhs without guarantee, then apply for this government scheme

The Indian central government runs various types of schemes for the economically weaker people of the country, whose aim is to help these people and uplift their lifestyle. One such scheme is Pradhan Mantri Mudra Yojana, which comes as an important opportunity for those individuals who want to start or expand their business. This scheme gives loans without guarantee to eligible people, let's know about this scheme-

Key features of Pradhan Mantri Mudra Yojana

Loan amounts:

Shishu Loan: Up to ₹50,000 for startups and new businesses.

Kishor Loan: Between ₹50,000 to ₹5 lakh for established small businesses.

Tarun Loan: ₹5 lakh to ₹10 lakh for more mature enterprises.

No collateral required: A special feature of this scheme is that it does not require any kind of guarantee, allowing more people to get the funds they need.

Interest rates: Interest rates for loans under this scheme generally range from 9% to 12%, making it a cost-effective option for borrowers.

Eligibility: This scheme is designed for small shopkeepers and business owners who want to start or expand their businesses.

Application process:

Visit the nearest bank to make inquiries and apply for the loan.

Many banks offer the facility of online application, which makes it even more convenient.

Additional information about the scheme can be found at www.mudra.org.in.