The Pradhan Mantri MUDRA Yojana (PMMY) Mudra Loan was launched in 2015 with the main aim of focusing on the financial needs for large numbers of micro-units.

1. Mudra Loan Bank List

2. Mudra Loan Bank List
List of banks offering Mudra Loan
The Pradhan Mantri MUDRA Yojana (PMMY) mudra loan bank
list was launched in 2015 with the main aim of focusing on the
financial needs for large numbers of micro-units.
Micro enterprises play a significant role in generating big employment
opportunities and makes an important contribution to India GDP.
Typically, the Mudra loan scheme does not often fund entrepreneurs.
In fact, these loans are made available through a host of financial
institutions as part of the Mudra bank branch list. Those financial
institutions are non-banking financial institutions (NBFCs), commercial
banks, small finance banks, and regional rural banks (RRBs) can also be
designated Mudra finance branches.

3. Mudra Loan Bank List
Allahabad Bank Bank of India HDFC Bank
Axis Bank Bank of Maharashtra Central Bank of India
Bank of Baroda Indian Bank United Bank of India
Jammu & Kashmir Bank Punjab National Bank Union Bank of India
Karnataka Bank Canara Bank State Bank of India
Kotak Mahindra Bank Indian Overseas Bank ICICI Bank
Oriental Bank of
Commerce
UCO Bank Federal Bank
Mudra Loan Bank List
Now, the next question comes on mind is “Which banks provide mudra loan interest rate
there are certain things to consider. The banks and financial institutions currently offering
business loans under the Pradhan Mantri MUDRA Yojana with the interest rate ranging from
11% to 37% depending on applicant profile, repayment capacity, credit history, financial
track record, and income ability..etc.
Some of the popular banks that are offering Mudra loans are as follows: