Modi Government: Great scheme of Modi government! Get 10 lakh – Know the benefits of Pradhan Mantri Mudra Yojana, how to apply

Modi government: In this scheme of Modi government, you will get 10 lakh rupees.

New Delhi : central government (central government) Several schemes have been launched for youth and professionals. These schemes not only encourage but also provide financial assistance to small businessmen. Large amount of financial assistance from this scheme to budding professionals (financial) So take it, their financial problems go away. Timely financial support will help them in doing business. The name of this scheme is Pradhan Mantri Mudra Yojana (Mudra Scheme) It is like this. In this scheme, loans are provided to the businessmen.

Many schemes have been started during the tenure of Prime Minister Narendra Modi. In this scheme, many types of benefits are given to the customers. Pradhan Mantri Mudra Yojana (PMMY) was launched in April 2015.

Pradhan Mantri Mudra Yojana (PM Mudra Loan-PMMY) Young professionals have given a great response. Due to this scheme the dream of many people to start their own business in this financial year has come true. And the dreams of some have got a boost from the funds of the Mudra loan scheme. capital for any business (capital) It is needed. In view of this difficulty, the central government is providing financial assistance to start new businesses.

This is the reason why the Mudra loan scheme is getting tremendous response from the youth. Under this scheme, you can start your business with financial assistance ranging from 50 thousand to 10 lakh. The specialty of this loan scheme is that you do not have to provide any security while taking the loan. Processing fee is also not charged from the applicant. That’s why Mudra loan scheme has got tremendous response in this financial year.

Small business loans are disbursed under Pradhan Mantri Mudra Yojana (PMMY). Loan disbursement has crossed the 1 lakh crore mark. Loans worth Rs 1,08,632 crore have been disbursed till the middle of last year. At the end of September in 2021, a loan of about 98 thousand crore rupees was allocated under the Mudra loan scheme.

Public sector banks are the main channel for small business loans. He has also played a major role in Mudra Loans. Their share in total loan disbursement is more than 55 percent. While private commercial banks, regional rural banks, small finance banks, MFIs and NBFCs account for the remaining share.

One can apply for Mudra loan scheme through public sector banks, private banks, rural banks and cooperative banks. RBI has authorized 27 Public Sector Banks, 17 Private Banks, 31 Rural Banks, 4 Cooperative Banks, 36 Micro Financial Institutions and 25 NBFCs to give Mudra loans.

You can inquire for loan in banks, financial institutions. You can visit the official website or to avail the loan. Application form can be downloaded here.

After that fill all the details and upload the required documents. Further verification and processing is done by the branch manager of the concerned bank.

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