How to get mudra loan

To get a Mudra loan under the Pradhan Mantri Mudra Yojana (PMMY), follow these steps:

• Visit the official UdyamiMitra portal (www.udyamimitra.in) to apply online or approach any authorized public sector bank, private bank, Regional Rural Bank (RRB), or NBFC.
• Choose a category based on your requirement: Shishu (up to ₹50,000), Kishor (₹50,001 to ₹5 lakh), Tarun (₹5,00,001 to ₹10 lakh), or Tarun Plus (up to ₹20 lakh).
• Submit the application form along with identity proof, address proof, and business-related documents.
• The lender will verify your application and business plan before sanctioning and disbursing the collateral-free loan.