Reading list: What is the maximum loan under Mudra Yojana?
Under the Pradhan Mantri Mudra Yojana (PMMY), small manufacturers can access loans in three categories based on their business requirements. The maximum loan amount for Shishu loans is up to ₹50,000, designed for new businesses. Kishore loans are available from ₹50,001 to ₹5 lakh for expanding businesses, while Tarun loans offer funding between ₹5 lakh and ₹10 lakh for more established businesses. For those with a good repayment record, there is an option to secure Tarun Plus loans, which can go up to ₹20 lakh. Thus, the maximum loan under Mudra Yojana can be as high as ₹20 lakh, depending on the borrower’s eligibility and past loan repayment history.

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