PM Mudra Yojana 2026 Application Started
प्रधानमंत्री मुद्रा योजना (PMMY) – बिना गारंटी के ₹10 लाख तक का लोन | Collateral Free Loan up to ₹10 Lakh
Application Started
Loan up to ₹10 Lakh
Online Apply Now
🚨 PM Mudra Yojana 2026 Application Has Started! Apply Now for Loan up to ₹10 Lakh. 🚨
59+
Banks Offering Mudra Loan
₹50,000
Shishu Loan Limit
₹5 Lakh
Kishor Loan Limit
₹10 Lakh
Tarun Loan Limit
📊 PM Mudra Yojana Loan Categories
Shishu
₹0 – ₹50,000
For new businesses & startups
Interest Rate: 8.50% – 9.50%
Kishor
₹50,001 – ₹5,00,000
For established businesses
Interest Rate: 9.00% – 10.00%
Tarun
₹5,00,001 – ₹10,00,000
For business expansion
Interest Rate: 9.50% – 10.15%
💰 Loan up to ₹10 Lakh available under Tarun category. No collateral required.
📋 Mudra Loan Details – Complete Information
Loan Amount: ₹10,000 to ₹10,00,000
Interest Rate: 8.50% to 11.75% (varies by bank)
Tenure: 3 to 5 years (36 to 60 months)
Processing Fee: Nil (Most Public Sector Banks)
Collateral: Not required
Women Concession: 0.25% – 0.50% lower rate
🧮 Mudra Loan EMI Calculator (Loan up to ₹10 Lakh)
Calculate your monthly EMI for any loan amount up to ₹10 lakh.
Monthly EMI
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📈 Mudra Loan Interest Rates 2026 (All Banks)
| Bank Name | Interest Rate (p.a.) | Women Rate |
|---|---|---|
| SBI | 8.50% – 10.15% | 8.25% – 9.90% |
| HDFC Bank | 9.10% – 11.50% | 8.85% – 11.25% |
| ICICI Bank | 9.25% – 11.75% | 9.00% – 11.50% |
| Bank of Baroda | 8.70% – 10.50% | 8.45% – 10.25% |
| Punjab National Bank | 8.60% – 10.30% | 8.35% – 10.05% |
| Canara Bank | 8.60% – 10.25% | 8.35% – 10.00% |
🚀 PM Mudra Loan Online Apply – Step by Step Process
PM Mudra Loan online apply can be done through multiple channels. Follow these steps:
1
Choose PlatformBank Website / App / Branch
2
Fill Application FormPersonal & Business Details
3
Upload DocumentsAadhar, PAN, Business Proof
4
Complete eKYCAadhar OTP Verification
5
Submit & TrackLoan Sanction in 7-10 Days
✅ PM Mudra Loan online apply is completely free. No application fee or processing fee for public sector banks.
✅ Mudra Loan Eligibility Criteria
Indian citizen (minimum 18 years of age)
Small business owner / entrepreneur
Shopkeepers, artisans, manufacturers
Service providers (transporters, electricians)
Food vendors, canteen owners, street vendors
Freelancers and self-employed professionals
📄 Documents Required for Mudra Loan
Aadhaar Card
PAN Card
Passport size photograph
Business proof (Shop Act, GST Certificate)
6 months bank statement
Address proof (Electricity bill / Rent agreement)
Caste certificate (for SC/ST/OBC benefits)
🔗 Official Mudra Loan Websites & Apps
🌟 Benefits of PM Mudra Yojana
No collateral or guarantor required
Loan up to ₹10 lakh for business
Quick processing (7-10 days)
Competitive interest rates
Flexible repayment (3-5 years)
Available at 59+ banks across India
Special concession for women entrepreneurs
100% digital application option
❓ Frequently Asked Questions (FAQs)
Q1: Has PM Mudra Yojana 2026 application started?
A: Yes, PM Mudra Yojana 2026 application has started from April 1, 2026. You can apply online or at any bank branch.
Q2: What is the maximum loan amount under PM Mudra Yojana?
A: The maximum loan amount is ₹10 lakh under the Tarun category. You can get loan up to ₹10 lakh without any collateral.
Q3: How can I do PM Mudra loan online apply?
A: You can apply through SBI YONO App, UMANG App, Udyamimitra Portal, or any bank’s official website. The process is 100% digital.
Q4: What are the Mudra loan details for Shishu category?
A: Shishu category offers loan up to ₹50,000 for new businesses with interest rates starting from 8.50%.
Q5: Is there any subsidy on Mudra loan?
A: Mudra loan does not provide direct subsidy. However, Udyam-registered MSMEs can get 2% interest subvention on timely repayment.
Q6: What is the loan up to 10 lakh Mudra loan interest rate?
A: For loan up to ₹10 lakh (Tarun category), interest rates range from 9.50% to 10.15% depending on the bank.
Q7: How long does it take to get Mudra loan approved?
A: After online application, Mudra loan is typically sanctioned within 7-10 working days.
Q8: Can I apply for Mudra loan without a business registration?
A: For Shishu category (up to ₹50,000), simple business declaration is sufficient. No formal registration is required.