10 Lines on Pradhan Mantri Mudra Yojana | 5 Lines on Pradhan Mantri Mudra Yojana | Few Important Lines on Pradhan Mantri Mudra Yojana in English

10 Lines on Pradhan Mantri Mudra Yojana | 5 Lines on Pradhan Mantri Mudra Yojana | Few Important Lines on Pradhan Mantri Mudra Yojana in English

 

10 Lines on Pradhan Mantri Mudra Yojana/ 5 Lines on Pradhan Mantri Mudra Yojana/ Few Important Lines on Pradhan Mantri Mudra Yojana in English: Students in various classes are looking for 10 Lines on Pradhan Mantri Mudra Yojana in english. Here in this article we will provide 10 Lines on Pradhan Mantri Mudra Yojana, 5 Lines on Pradhan Mantri Mudra Yojana and Few Important Lines on Pradhan Mantri Mudra Yojana in English. These 10 Lines on Pradhan Mantri Mudra Yojana are important If you have been given an assignment from school to write 10 lines on Pradhan Mantri Mudra Yojana in English or 5 lines on Pradhan Mantri Mudra Yojana in English then you can refer to the points given in the below article.

10 Lines on Pradhan Mantri Mudra Yojana Details

We are providing below 10 Lines on Pradhan Mantri Mudra Yojana in English. These 10 Lines on Pradhan Mantri Mudra Yojana have been written in simple language, yet emphasis has been made to elaborate on every aspect of the Pradhan Mantri Mudra Yojana.

Topic	Pradhan Mantri Mudra Yojana
Material	10 Lines on Pradhan Mantri Mudra Yojana /5 Lines on Pradhan Mantri Mudra Yojana/Few Lines on Pradhan Mantri Mudra Yojana
Language	English
For	Students of any Class 1-12
Format	Text
Provider	Teacher Text

How to Find 10 Lines on Pradhan Mantri Mudra Yojana in English or 5 Lines on Pradhan Mantri Mudra Yojana in English?

1. Visit our website Teacher Text.
2. Now search for the main 10 Lines articles.
3. Once on the main page search for the particular topic i.e Pradhan Mantri Mudra Yojana.
4. Click on the 10 Lines on Pradhan Mantri Mudra Yojana in English page to complete your assignment.

10 Lines on Pradhan Mantri Mudra Yojana in English

Students of any class who are looking for 10 Lines on Pradhan Mantri Mudra Yojana in english can refer to the 10 lines about Pradhan Mantri Mudra Yojana in below points:

1. Pradhan Mantri Mudra Yojana is a scheme initiated by the Government of India.
2. The scheme was launched by the central government on 8 April 2015.
3. The scheme is to motivate small and medium level enterprises.
4. The loan under the scheme is divided into three categories as Shishu, Kishore, and Tarun.
5. The loan under the scheme is available without any guarantee.
6. The loan repayment period is set to five years.
7. Under Shishu Loan, one can ask for a sum of a maximum of 50 thousand.
8. Kishore Loan starts from 50 thousand and goes to 5 lakh.
9. Tarun Loan holds the limit from 5 lakh to 20 lakh.
10. The loan amount can be withdrawn with the help of Mudra Card.

5 Lines on Pradhan Mantri Mudra Yojana in English

Students of any class who are looking for 5 Lines on Pradhan Mantri Mudra Yojana in english can refer to the 10 lines about Pradhan Mantri Mudra Yojana in below points:

1. Pradhan Mantri Mudra Yojana provides easy loans for starting any business or establishing any industry.
2. Indirectly the scheme is dedicated to generating employment.
3. The complete name of the scheme is Micro Units Development Refinance Agency.
4. The three categories of loans are divided based on the need of the people.
5. The loan under the scheme is available for business, not for agriculture.

Few Important Lines on Pradhan Mantri Mudra Yojana in English

Also, these are a few important lines on Pradhan Mantri Mudra Yojana in English if any students require them.

1. There is no fixed interest rate under the scheme.
2. This loan is provided by Public Banks, Private Banks, Rural Banks, Co-operative Banks, micro-finance institutions, and other banking financial institutions.
3. The central government has issued a state-wise helpline number for the people under Pradhan Mantri Mudra Yojana.
4. Shishu and Kishore loan is free of processing fees while Tarun Loan has a charge of 0.5%.
5. The application process for the loan is the same as the other usual loan.

More Details about Pradhan Mantri Mudra Yojana

Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015 for providing loans upto 10 lakh to the non-corporate, non-farm small/micro enterprises. These loans are classified as MUDRA loans under PMMY. These loans are given by Commercial Banks, RRBs, Small Finance Banks, Cooperative Banks, MFIs and NBFCs. The borrower can approach any of the lending institutions mentioned above or can apply online through this portal. Under the aegis of PMMY, MUDRA has created three products namely 'Shishu', 'Kishore' and 'Tarun' to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur and also provide a reference point for the next phase of graduation / growth.

FAQs Regarding 10 Lines on Pradhan Mantri Mudra Yojana in English | 5 Lines on Pradhan Mantri Mudra Yojana in English

How to find 10 lines on Pradhan Mantri Mudra Yojana in English??

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