Mudra Loan

byPaytm Editorial TeamLast Updated: December 29, 2025

Meaning & Definition

A Mudra Loan is provided to small business owners and entrepreneurs to help start or expand non-farm businesses.

Loan Purpose

Supports micro enterprises
No collateral required
Easy access to funds

Full Form

MUDRA – Micro Units Development and Refinance Agency

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.