There are a large number of people in the country who want to start their businesses. However, due to a lack of information and money, these people are not able to start their businesses. If you too are not able to start your own business due to lack of money, then this news is especially for you. Today we are going to tell you about a special scheme of the government. The name of this scheme is Pradhan Mantri Mudra Yojana.
Under the Mudra scheme, you can take a loan of up to Rs 20 lakh without a guarantee to start your business. PM Mudra Yojana is a very popular scheme in the country. Earlier under the PM Mudra Yojana, a loan of up to Rs 10 lakh was given without collateral. However, it has now been increased to Rs 20 lakh. In this episode, let us know about this scheme in detail -
Under the Pradhan Mantri Mudra Yojana, people are given loans in three categories. It includes the Shishu, Kishor, and Tarun categories. Corporate or agriculture-related loans are not given under PM Mudra Yojana.
If an unemployed youth wants to start a new business or wants to expand his business, then you can take a loan under the Mudra scheme. If you want to take advantage of PM Mudra Yojana, then you need to know about some things.
To take advantage of PM Mudra Yojana, your age must be at least 18 years. To take advantage of the Mudra Yojana, you have to go to the bank and submit your business plan and project report.
If you already have a default history in the bank. In this situation, you will not get the benefit of the loan. Apart from this, in the form of documents, you must have a business plan, project report, copy of filed ITR, copy of self-tax return, Aadhaar card, identity card, PAN card proof of permanent and business office address, etc.
(PC: Adobe stock)
