2. FLOW OF PRESENTATION
SR. NO . PARTICULARS
1 Introduction
2 What is MUDRA Loan Bank ?
3 Categories of loan
4 How to apply for loan ?
5 Who are eligible for loan under MUDRA Loan Yojna?
6 What are the benefits of MUDRA Loan Yojna?
3. Introduction
The current policy of Prime Minister Narendra Modi is quite focussed on developing the
indian economy.
• Jan Dhan Yojna was born out of this objective of PM and under this yojna ,PM
Narendra Modi had launched the micro unit development and refinance agency or
MUDRA BANK on 8th april,2015.
• Formally launched in 2015 union budget of India, the mudra scheme or Pradhan
Mantri Mudra Yojna was aimed to providing financial support to the small scale
entrepreneur located in remote area ,or outside the area of banking.
5. What is a Mudra Yojana?
• MUDRA stands for ‘Micro Units Development and Refinance Agency Ltd”.
• Idea: Organization set up and initiated by Prime Minister Narendra Modi.
• Goal: “Fulfilling all the Funding needs of Non Corporate Small Business.”
• Loan Under The Pradhan Mantri Mudra Yojna (PMMY) Scheme: Financing and
refinancing options for micro finance institutions and small business sectors.
• Aim: Help Entrepreneurs, start-ups restricted by a sufficient budget for running
business.
6. Categories
3 Types of Mudra Loans available, they are
1. Shishu Scheme
2. Kishore Scheme
3. Tarun Scheme
7. Shishu Scheme
This category is for the Start ups. All those businesses that have been just started and looking for Loan will fall in this
category.
• Maximum loan amount: to Rs. 50,000
• No loan processing charges
• Interest Rate: 1% per month
• Maximum Loan Repayment Tenure: up to 5 years
8. Kishore Scheme
This one is for those who have started their business but it has be
established yet.
• Minimum Loan Amount: Over Rs. 50,000
• Maximum Loan Amount: up to Rs. 5 lacs.
9. Tarun Scheme
For entrepreneurs with established micro business units but would want
for funding or investment for expansion of the business.
• Minimum Loan Amount: Rs. 5 lacs
• Maximum Loan Amount: up to Rs. 10 lacs
10. How to Apply Mudra Loan?
• Firstly, approach any of those bank that are listed by the scheme.
• Then provide complete business detail.
• Catezorisation of your business into mention three categories.
• Then filling up the Mudra form for loan, along with current account
opening in the bank.
11.
12. Eligibility to Attain MUDRA Loan
• Loan applicant must be an indian citizen, unlike other banks
mudra bank offers loan for indian citizen.
• Loan can be available only for micro or small scales
businesses from rural area.
• Proper proof for IDENTITY,RESIDENCE along with two
set of Proprietor/Partner/Director photos.
• Loan amount should be quoted under the maximum limit of
RS 10,00,000.
13. What does MUDRA Bank Yojna Aim for ?
• Stabilizing Indian’s Micro finance sector via inclusive
participation and regulation.
• Aiding Agencies and microfinance institution by extending credit
support.
• Maintaing a registered record of MFIs and agencies for first time
ever in history.
• Offering structure guideline to borrowers to prevent business failure.
• Introduction and Implementation of technological support.
• Development of standard protocols.
14. Interest rate of MUDRA Loan
• If loan availed under MUDRA SHISHU up to 50,000 then normal
rates around 10%-12% interest are charged.
• If loan availed under MUDRA KISHORE up to 5,00,000 which
comes under unsecured loan so interest rates would be in between
14%-17%.
• If loan availed under MUDRA TARUN with the margin of 5L to 10L
, interested willbe at high end start from 16% and varies from bank to
bank.
15. Impact on Indian economy
• Increased entrepreneurial success will immediately boost GDP of
demographic region where the business located.
• Increased business success will mean increased
employment and increased demand for good and service.
• Increased demand in return stimulates the manufacturing segment of
the economy and supply of goods
• More spending powers in hand of general populace.
16. Sector will be covered by MUDRA Yojna
S.No SERVICES
1 Land transport
2 Textile product
3 Food product
4 Social, Personal & Community Service
17. MUDRA loan VS PERSONAL loan
MUDRA LOAN PERSONAL LOAN
• Only for business purpose. • Universal types of loan.
• Governance by
government.
• Availed by both public and private
banks.
• Interest rate 10%-16%. • Interest rate 11%-22%.
• Credit inform of MUDRA
cards.
• Credited to personal account.
