Entrepreneurs, traders to start new business or expand now under PM Mudra Yojana Rs. Can take loan up to 20 lakhs. Loan allocation limit of PM Mudra Yojana is Rs. 10 lakh increased from Rs. 20 lakhs has been made.PM Mudra Yojana was launched in 2015, loans under this scheme were defined in 3 categories. First Infant Loan, including Rs. Loans up to 50 thousand are allotted, the second juvenile loan, in which Rs. 50 thousand to Rs. 5 lakh loans are disbursed, the third youth loan of Rs. 5 lakh to Rs. 10 lakhs loan, but now the limit has been increased to Rs. 20 lakhs. Applicants age limit for availing Mudra Yojana is Rs. Must be above 18 years. If you are above 18 years of age, you can apply for infant, juvenile and youth loans. Notably, Rs. 20 lakhs old loan must be paid off. If old Mudra loan is outstanding in one’s name then one cannot get new loan.

Apply like this

Click on www.mudra.org.in to apply for Mudra Yojana.
Click on any option from Shishu, Kishore and Youth Loans on the home page.
Now download and print the application form.
After filling the form, get the photocopies of the required documents.
Now deposit this form in the nearest bank or NBFC company.