Pradhan Mantri Mudra Yojana Crosses Loan Targets (Download PDF)


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Loans which were disbursed under the Pradhan Mantri Mudra Yojana (PMMY) have crossed its target of Rs. 1.8 lakh crore in the financial year 2016 - 17. Loans extended currently stands at Rs. 1.80,087 crore. Of this, a majority of the loans were awarded by banks (Rs 1.23 lakh crore). Non-banking financial institutions have lent about Rs. 57,000 crore. In this year’s budget, Rs. 2.44 lakh crore has been set as a target for Mudra loans for the financial year 2017 - 18.

Pradhan Mantri Mudra Yojana (PMMY)

Pradhan Mantri Mudra Yojana (PMMY)

Pradhan Mantri Mudra Yojana (PMMY)


  • Out of the 4 crore borrowers, 70 % have been women
  • 20 % of the borrowers belonged to Scheduled Caste category, 5 % belonged to Scheduled Tribe category and 35 % belonged to other backward classes.
  • Strong growth in bank loans to unfunded and underfunded segments of the society has been indicating that this category of borrowers has emerged as a key driver of demand for credit.
  • Non-insistence of collateral/guarantor, simple documentation and quick processing are the three praiseworthy attributes of the MUDRA loans.

Pradhan Mantri Mudra Yojana (PMMY)

  • The purpose of this scheme is to launch a Micro Units Development and Refinance Agency (MUDRA) Bank to support the entrepreneurs of Scheduled castes, scheduled tribes and other backward classes entrepreneurs in the MSME sector.
  • The scheme has been launched on April 8,2015.
  • MUDRA cards are the unique feature of this scheme.
  • The card gives permission for access to working capital through ATMs and card machines.
  • MUDRA loans can be availed for non-agricultural activities upto Rs. 10 lakh and for activities allied to agriculture such as dairy, poultry bee keeping etc.
  • The scheme provides loans to micro units in three categories ranging from Rs. 50,000 to Rs. 10 lakh.
  1. Shishu: Loan up to Rs. 50,000
  2. Kishore: Loan ranging from Rs. 50,000 to Rs. 5 lakh
  3. Tarun: Loan ranging from Rs. 5 lakh to Rs. 10 lakh.
The scheme provides loans to micro units in three categories

The Scheme Provides Loans to Micro Units in Three Categories

The scheme provides loans to micro units in three categories

- Published/Last Modified on: August 12, 2017

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