Grow your business with PMMY
Pradhan Mantri MUDRA Yojana (PMMY) is a Government of India scheme designed to provide institutional, collateral-free credit to eligible micro enterprises and small businesses.
Finance designed for small businesses
Pradhan Mantri MUDRA Yojana supports eligible micro enterprises and small businesses seeking institutional credit for income-generating activities.
New Businesses
Supports eligible entrepreneurs starting new income-generating businesses.
Existing Businesses
Existing small businesses can seek funding for eligible business activities.
Institutional Credit
Provides access to formal credit through participating lending institutions.
Choose the category that fits your business
PMMY currently has four loan categories based on the amount of credit required.
Shishu
Designed for very small businesses and entrepreneurs requiring modest initial funding.
Kishore
Suitable for businesses requiring additional capital to establish or expand operations.
Tarun
Designed for eligible businesses seeking larger financing for growth and expansion.
Tarun Plus
Intended for entrepreneurs who have previously taken a Tarun-category loan and successfully repaid it.
Funding for income-generating activities
PMMY financing can support a range of eligible business activities and working capital requirements.
- Manufacturing
- Trading
- Business and service activities
- Working capital requirements
- Purchase of equipment
- Commercial transport vehicles
- Eligible agriculture-allied activities
Built around the needs of micro enterprises
PMMY is designed to help eligible entrepreneurs access formal credit for new businesses and existing business activities.
New & Existing BusinessesWho can apply?
PMMY is intended for eligible individuals and micro/small enterprises with a viable business activity or business plan.
New Entrepreneurs
Individuals starting an eligible income-generating business.
Existing Small-Business Owners
Existing businesses seeking funding for eligible business activities.
Traders & Shopkeepers
Eligible trading and retail businesses may apply.
Service Providers
Eligible businesses operating within service activities.
Manufacturers
Eligible micro and small manufacturing businesses.
Agriculture-Allied Activities
Certain eligible activities such as poultry, dairy and beekeeping.
Access PMMY through participating lenders
PMMY loans are provided through participating Member Lending Institutions (MLIs).
Collateral is not required under PMMY
Subject to the scheme and the applicable requirements of the lending institution.
What you may need to apply
JanSamarth may require personal, business and financial information during the application process.
Aadhaar
Mandatory for individual applicants.
PAN
Personal or business PAN details where applicable.
Udyam / Business Information
Business registration and enterprise information.
Sales Details
Relevant business sales information.
Bank Account Details
Account information required during the application process.
Bank Statements
Where applicable, depending on the applicant and lender.
How to apply through JanSamarth
JanSamarth brings multiple credit-linked government schemes together and connects applicants with participating lending institutions.
Check Eligibility
Answer questions about yourself and your proposed or existing business.
Provide Details
Enter personal, business and financial information and upload requested documents.
View Lending Options
Eligible applicants can view available lender offers and select a participating institution.
Digital Approval
The selected lender reviews the application and may provide digital or in-principle approval.
Track Application
Monitor the progress of your application through JanSamarth.
Digital access to government credit schemes
Government-reported figures as of March 2026.
Applications processed through JanSamarth.
Beneficiaries receiving digital approval.
Lenders onboarded for different schemes.
PMMY questions answered
Ready to explore PMMY?
Review the eligibility requirements and application process through JanSamarth.
PMMY eligibility, loan approval and lending terms are subject to applicable government scheme guidelines and the requirements of the participating lending institution.