Pradhan Mantri Mudra Yojana 2020 {आवेदन} प्रधानमंत्री मुद्रा लोन योजना 2020 | मुद्रा ऋण के लिए दस्तावेज (Mudra Yojana)

India is a developing nation of the world’s nation list. India is making progress onwards to become a developed nation in the world. However, In some sectors, India can beat the developed country of the world like America, China, Russia, etc. like space and defense technology.

In space and defense technology, India can stand on the line of the developed nation. India is trying to develop its every sector of Economy. The government is trying to improve the economy of India. Since independence, the government is launching many schemes that are related to the development of enterprises in India.

To enhance the manufacturing sector and give the boost up in export of India, the government has to relax the provisions for the new opening business in India. To provide encouragement to the fresh startup, the government has made a program called “Made in India.”

The government has also announced some schemes which help the new start-up and existing business financially called Pradhan Mantri Mudra Yojana. Here, In this article, we will discuss the scheme of Pradhan Mantri Mudra Yojana.

Pradhan Mantri Mudra Yojana 2020

The government has launched a scheme called Pradhan Mantri Mudra Yojana to provide financial loans to the new startups. If any person has the ability to start a new business, they have a creative idea for the new business, but due to their weak financial condition, they have to do the job.

For that person, the government will provide a financial loan to start their business. The government will also give some interest benefits to the loan taker. This scheme was launched in the year 2015. Our Prime Minister Of India Shri. Narendra Modi has launched this scheme.

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The objective of Pradhan Mantri Mudra Loan Scheme 2020

If the government has launched this scheme, then there may be some significant objective of this scheme. We should know about the main aim of the scheme. The main objective of this scheme is to give financial loans to the small-medium enterprises of India. The maximum amount of the loan is up to 10 lakh.

That means If a person wants to start their own business in India, then He/she will get up to 10 lakh amount of loan from the Mudra Yojana. The full name of the Mudra Yojana is Micro unit Development and Refinance Agency. The central government allocates up to 3 lakh crore rupees for this scheme. With the help of this scheme, the more enterprises will be established, and production will also increase. This will make the country self-reliant.

PM Shishu Mudra Loan Scheme new announcement

Recently, our finance minister Shri. Nirmala Sitaraman has published some new announcements for the scheme. The total budget for the scheme is allocated up to 3 lakh crore. Out of which, 1.75 lakh crore loan is already given to the citizen of India to start the new business.

People who take the loan under this scheme will do not have to pay the processing charge of the loan. Under this scheme, the repayment period has been extended up to 5 years. That means the person can pay the loan to the government for up to 5 years.

Mudra Loan Scheme 2020 – Pradhan Mantri Mudra Yojana

As far as we know that the government will provide a loan for the new startups in India. This scheme will allow a person to take the loan from the government with a low-interest rate and many more benefits. However, under this scheme, there are many types of loan that is provided by the government.

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There is mainly three types of loan. The Shishu loan, Tarun loan, and Kishor loan. These are the three main types of loans. If any person wants to start the new business and they have some amount of money to start the business. They want only some amount of more money to start the business.

So they can take one of amount these loans. However, there are some benefits provides to the person who takes the loan from this scheme. I will give you detailed information about the types of loans.

Shishu Mudra Loan

Under the Shishu Mudra loan, the government will provide up to 50,000 loans to the new startups. That means if any person wants less then or equal to 50,000 Rupee for the starting of a new business, then they can take this type of loan from the Pradhan Mantri Shishu Mudra Loan.

Kishore Mudra Loan 

This is the second type of Mudra loan. Under the Kishor Mudra Loan, the government will provide up to 50,000 to 5 lakh rupee loan to the person. That means if a person wants more then 50,000 money and less then 5 lakh rupee money for the new startups, then they can take the loan from the Pradhan Mantri Kishor Mudra Loan. They can take advantage of this scheme for the betterment of their business.

Tarun Mudra Loan

This is the third type of Mutra loan. Under this type of loan, the government will provide up to 5 lakh to 10 lakh rupee loan to the person. That means if a person needs more then 5 lakh money and less then 10 lakh of money for starting of their business, then that has to take the Pradhan Matri Tarun Mudra Loan. They can take advantage of this scheme by applying the Trun Mudra loan of the Pradhan Mantri Mudra Yojana.

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Benefits of PM Mudra Loan Scheme

There are many benefits to this scheme. The government has announced this scheme to give the financial loan to the new start-up of India. The government wants to establish more and more new start-ups in India to make the nation self-reliant. As far as we know that to make the country self-sufficient, the Pran Mantri Modi has stared the new Abhiyan called Aatamn Nirbhar Bharat Abhiyan.

With the help of this scheme, the goal of the government to make the India Aatman Nirabhtr is achieved. There are many benefits to this scheme. I will give you the list of the help of this scheme.

  • Any person who wants to start the new business can take the loan form this scheme.
  • The loan which is provided under this scheme is given to any citizen of the country without any guarantee to start their business.
  • There is no processing charge applicable for the citizen under this scheme.
  • The borrowers will get the Mudra card, under which they can spend many business needs.