Mudra Yojana 2022, Apply Online PMMY, Eligibility & Interest Rate

Mudra Yojana 2022, Apply Online PMMY, Eligibility & Interest Rate, Mudra Loan Online Form Interest Rate &  Benefit/ Features

Mudra Yojana 2022: The scheme has been started by the Prime Minister of India Mr. Narendra Modi in the year 2015. Under this scheme the government is helping citizens who wish to do business by providing them loans up to Rs. 1000000. You will get step-by-step instructions along with other significant details related to the yojana from further sections of this article.

Mudra Yojana

If you would also like to get the benefits of the scheme then apply for the Yojana by following a few easy steps. You will get step-by-step instructions along with other significant details for the information related to the Mudra Yojana. Desire to get detailed information?

Pradhan Mantri Mudra Yojana Application Form If yes then you are on the right page. Here we are going to provide detailed information including eligibility criteria, mudra loan interest rate, benefits, and much other important information

Pradhan Mantri Mudra Yojana

Mudra Yojana is a State government initiative launched on 8th April 2015. This initiative has been started by the central government to provide loans to help a citizen who wishes to do business. Noncorporate, non-farm small/ micro enterprises will get a loan up to rupees 10 lakh under this scheme.

Mudra Yojana

Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister … institutions mentioned above or can apply online through this portal. Under this arrangement there is no fixed rate of interest on the loans availed. Interest is charged at the base rate plus 1–7%. This can also be higher, depending on the risk involved and the profile of the customer.

Mudra Loan Yojana 2022 Main Point Highlights:
Scheme Name   Mudra Yojana. 2022
who started  by the Central Government. 
when was it started  April 2015 
How much loan is given under the scheme.  ₹5000 to ₹1000000/- 
official website  Click Here

The loan is given by commercial banks, RRBs, small finance banks, MFIs, and NBFCs. If you are interested in grabbing detailed information about the Apply for Mudra Loan Online then you should read this article very carefully till the end main point.

Obejetive of Mudra Yojana 

The main Purpose of prime minister Narendra Modi behind starting Mudra Yojana is to provide financial help to the citizens in establishing their own Non-corporate, non-farm small/ micro enterprises. The scheme has been started to make people self-reliant and empowered.

Type Of Loan

Type Of Loan Loan Amount
Shishu Up to Rs.50,000
Kishor Rs.50,000 to Rs.5 lakh
Tarun Rs.5 lakh to Rs.10 lakh

Loan Provider 

  • Regional rural banks
  • Microfinance institutions
  • Commercial banks
  • Small Finance banks
  • Non-banking financial corporations

Type Of Businesses

An applicant who has the plan to do business of any of the following kinds can apply for a mudra loan

  • Business vendors
  • Shopkeepers
  • Textile sector
  • CNG Tempo/ Taxi
  • Manufacturing units
  • Processing units
  • Trading company
  • Service sector

Mudra Yojana 2022, Apply Online PMMY, Eligibility & Interest Rate

Benefit/ Features of Mudra Yojana 

  • Mudra Yojana has been launched by prime minister Narendra Modi
  • It is beneficial for the citizen who wishes to start their business or already have small enterprises
  • Beneficiaries can avail of up to 10 lakhs under this scheme
  • The rate of interest given to the applicants will be as per the RBI guidelines you should from time to time.
  • Having a pan card is not compulsory to get a mudra loan
  • Beneficiaries need not submit any cultural or security to avail of the loan
  • The repayment period of a loan can be extended up to 7 years

Mudra Loan Bank List 2022

Public Sector Banks

  1. State Bank of India
  2. State Bank of Bikaner & Jaipur
  3. State Bank of Travancore
  4. Bank of Baroda
  5. Bank of India
  6. Bank of Maharastra
  7. Canara Bank
  8. Corporation Bank
  9. Dena Bank
  10. IDBI Bank Ltd.
  11. Indian Bank
  12. Oriental Bank of Commerce
  13. Punjab National Bank
  14. Syndicate Bank
  15. UCO Bank
  16. Union Bank of India
  17. Vijaya Bank
  18. Allahabad Bank
  19. Andhra Bank
  20. Bhartiya Mahila Bank
  21. Central Bank of India
  22. Indian Overseas Bank
  23. Punjab & Sind Bank
  24. State Bank of Hyderabad
  25. State Bank of Mysore
  26. State Bank of Patiala
  27. United Bank of India

Private Sector Banks

  1. Axis Bank Ltd.
  2. Catholic Syrian Bank Ltd.
  3. City Union Bank Ltd.
  4. DCB Bank Ltd.
  5. Federal Bank Ltd.
  6. HDFC Bank Ltd.
  7. ICICI Bank Ltd.
  8. Indus Ind Bank Ltd.
  9. Jammu & Kashmir Bank Ltd.
  10. Karnataka Bank Ltd.
  11. Karur Vysya Bank Ltd.
  12. Kotak Mahindra Bank Ltd.
  13. Nainital Bank Ltd.
  14. South Indian Bank
  15. Tamilnad Mercantile Bank Ltd.
  16. The Ratnakar Bank Ltd.
  17. Yes Bank Ltd.
  18. IDFC Bank Ltd.

Regional Rural Banks (RRBs)

  1. Andhra Pragathi Grameena Bank
  2. Chaitanya Godavari Grameena Bank
  3. Deccan Grameena Bank
  4. Saptagiri Grameena Bank
  5. Bihar Gramin Bank
  6. Madhya Bihar Gramin Bank
  7. Uttar Bihar Gramin Bank
  8. Baroda Gujarat Gramin Bank
  9. Dena Gujarat Gramin Bank
  10. Saurashtra Gramin Bank
  11. Kaveri Grameena Bank
  12. Karnataka Vikas Grameena Bank
  13. Pragathi Krishna Gramin Bank
  14. Kerala Gramin Bank
  15. Maharashtra Gramin Bank
  16. Meghalaya Rural Bank
  17. Puduvai Bharathiar Grama Bank
  18. Malwa Gramin Bank
  19. Punjab Gramin Bank
  20. Sutlej Gramin Bank
  21. Marudhara Gramin Bank
  22. Pallavan Grama Bank.
  23. Pandyan Grama Bank
  24. Tripura Gramin Bank
  25. Baroda Uttar Pradesh Gramin Bank
  26. Prathama Gramin Bank
  27. Sarva UP Gramin Bank
  28. Narmada Jhabua Gramin Bank
  29. Sarva Haryana Gramin Bank
  30. Kaveri Grameena Bank
  31. Baroda Rajasthan Kshetriya Gramin Bank

Co-operative Banks

  1. Gujarat State Co-op Bank Ltd
  2. Mehsana Urban Co-op Bank
  3. Rajkot Nagarik Sahhakari Bank
  4. Kalupur Commercial Co-op Bank
  5. Bassein Catholic Co-op Bank
  6. TJSB Sahakari Bank Ltd
  7. Jalgaon Janata Sahakari Bank Ltd
  8. Nutan Nagrik Sahakari Bank Ltd
  9. Ahmedabad Mercantile Co-op Bank ltd
  10. Surat People Co-op Bank ltd
  11. Dombivali Nagari Sahakari Bank Ltd
  12. Citizen Credit Co-op Bank Ltd
  13. Tamil Nadu Apex State Co-op Bank Ltd
  14. AP State Apex Co-op Bank Ltd


  1. S V Creditline Pvt. Ltd., New Delhi
  2. Margdarshak Financial Services Ltd., Uttar Pradesh
  3. Madura Micro Finance Ltd., Tamil Nadu
  4. ESAF Micro Finance & Investments P. Ltd, Kerala
  5. Fusion Micro Finance P. Ltd., New Delhi
  6. Ujjivan Financial Services P. Ltd, Karnataka
  7. Future Financial Services Ltd., Karnataka
  8. SKS Microfinance Ltd., Telangana
  9. Utkarsh Micro Finance P. Ltd, Uttar Pradesh
  10. Equitas Micro Finance Ltd, Tamil Nadu
  11. Sonata Finance Pvt. Ltd, Uttar Pradesh
  12. Saija Finance Private Ltd, Bihar
  13. Arth Micro Finance Pvt. Ltd., Rajasthan
  14. Shikhar Microfinance Pvt. Ltd., New Delhi
  15. Navachetana Microfin Services Pvt. Ltd, Karnataka
  16. Samasta Microfinance Ltd., Bangalore
  17. Satin Credit Care Network Ltd, New Delhi
  18. Sahyog Microfinance Ltd., Madhya Pradesh
  19. Arohan Financial Services P. Ltd, West Bengal
  20. Suryodaya Microfinance Ltd, Maharashtra
  21. Belstar Investment & Finance P. Ltd, Tamil Nadu
  22. Jagaran Microfin P. Ltd, West Bengal
  23. Digamber Capfin Ltd, Rajasthan
  24. Midland Microfin Ltd., Punjab
  25. RGVN (North East) Microfinance Ltd., Guwahati Assam
  26. Grameen Development & Finance P. Ltd., Assam
  27. Hindustan Microfinance Private Limited, Maharashtra
  28. Namra Finance Ltd, Gujarat
  29. Muthoot Fincorp Limited, Kerala
  30. Sambandh Finserve Pvt Ltd, Bhuvaneshwar
  31. IDF Financial Services Pvt Ltd, Bangalore
  32. Nightingale Finvest Pvt Ltd, West Bengal
  33. Asirvad Microfinance Private Limited, Chennai
  34. Village Financial Services Pvt Limited, Kolkatta West Bengal
  35. Janalakshmi Financial Services Pvt Ltd, Bangalore
  36. YVU Financial Services Private Ltd, Guwahati
  37. Disha Microfin Private Ltd, Ahmedabad
  38. SMILE Microfinance Limited, Chennai
  39. Light Micro Finance Ltd, Ahmedabad
  40. Uttarayan Financial Services Pvt Ltd, Kolkatta West Bengal
  41. Unacco Financial Services Private Limited, Guhawati Assam
  42. Varam Capital, Chennai
  43. Vedika Credit Capital Ltd, Ranchi
  44. MSM Microfinance Limited, Chennai
  45. M Power Micro Finance Private Ltd, Vadodara Gujarat
  46. Navachetana Microfin Services Pvt. Ltd., Bangalore
  47. Intrepid Finance and leasing Pvt. Ltd., Mumbai

Micro Finance Institutions (MFIs)

  1. Bhartiya Micro Credit (Sec 8 Company), Lucknow
  2. Sakhi Samudaya Kosh (Sec 8 Company), Maharashtra
  3. Cashpor Micro Credit (Sec 8 Company), Lucknow
  4. CDOT ( MFI Registered as a Society under Indian Societies Act), Bihar
  5. Mahana Foundation (MFI Registered as a Trust under Trust Act 1882), Orissa
  6. IRCED (MFI Registered as a Society and Trust), Maharashtra
  7. NEED, Lucknow
  8. Community Collective Society for Integrated Develpoment (MFI Registered as a Society), New Delhi
  9. Swayam Micro Services (Sec 8 Company), Ahmedabad
  10. Chanura Microfin Manipur, Manipur
  11. Humana People to People India, New Delhi
  12. Disha India Micro Credit (Sec 25 Company), Saharanpur
  13. Annapurna Mahila Multistate Co-op Credit Society (Co-op Society and MFI), Pune
  14. Prayas (Organisation for Sustainable Development) (MFI Registered as a Society and Trust), Ahmedabad
  15. Dhosa Chandaneshwar Bratyajana Samity (DCBS) (Society), Kolkata
  16. Seba Rahara (Society), Kolkata
  17. Belghoria Janakalyan Samity (Society), Kolkata
  18. Gram Bikash Kendra, Kolkata
  19. Shakti Mahila Sangh Bahu Uddeshya Sahkari Maryadit (Society), Jabalpur, MP
  20. Mahasemam Trust (Society), Madurai, Tamilnadu
  21. Sampurna Training and Entrepreneurship Programme (STEP) (Section 25 Company), Kolkata, West bengal
  22. Life Foundation (MFI and Trust), Kerala
  23. Sanghmitra Rural Financial Services (Sec 8), Mysore
  24. Pahal Financial Services Pvt Ltd, Ahmedabad
  25. Blaze trust (MFI registered as trust), Coimbatore (Tamil Nadu)
  26. Mahashakti Foundation (MFI Registered as a Trust under Trust Act 1882), Odisha

Mainline NBFCs

  1. Reliance Capital Ltd.
  2. Fullerton India Credit Co. Ltd.
  3. Shriram Transport Finance Co. Ltd.
  4. SREI Equipment Finance Ltd.
  5. Magma Fincorp Ltd.
  6. Religare Finvest Ltd.
  7. Shriram City Union Finance Ltd.
  8. Equitas Finance P. Ltd.
  9. India Infoline Ltd.
  10. ECL Finance Ltd.
  11. AU Financiers India Ltd.
  12. SE Investments Ltd.
  13. Electronica Finance Ltd.
  14. MAS Financial Services Ltd.
  15. IKF Finance Ltd.
  16. Intec Capital Ltd.
  17. Sakthi Finance Ltd.
  18. Esskay Auto Finance Ltd.
  19. Bansal Credits Ltd.
  20. Five Star Business Credits Ltd.
  21. Indiabulls Financial Services Ltd.
  22. Vistaar Financial Services P. Ltd.
  23. Shriram Finance Corporation Pvt Ltd (SRFCL)
  24. India Infoline Finance Ltd (IIFL)
  25. Mahindra & Mahindra Financial Services Ltd
  26. Pudhuaaru Financial Services Pvt Limited (PFSPL)
  27. Nabard Financial Services Ltd (NABFINS)
  28. Maanaveeya Development & Finance Private Ltd
  29. Jumbo Finvest (India) Limited (JFIL)
  30. Ananya Finance for Inclusive Growth Pvt. Ltd.
  31. Capital First Limited(CFL)

Eligibility Criteria

All citizens of India who meet the eligibility conditions specified below can apply for the mudra loan

  • The applicant should be an Indian citizen
  • Applicant must desire to do business for non-farming income-generating activities such as manufacturing processing trading or service sector
  • The applicant has to fulfill the terms and conditions of lending agency from there he or she is going to take a loan


  • Aadhar card
  • Address proof
  • Mobile number
  • Email id
  • Passport size photograph
  • Other significant documents

Mudra Card

A Mudra card is a card by which borrowers can avail of credit in a hassle-free and flexible manner. Mudra cards act as the debit card also. Those who have Mudra cards can withdraw cash from ATMs or make purchases using POS machines or business correspondence. The borrower can repay the amount as and when surplus cash is available. If you pay the amount earlier then you will get a reduction in interest cost.

Achievements Under PMMY Since Inception 

Financial Year No. Of PMMY Loans Sanctioned Amount Sanctioned Amount Disbursed
2015-2016 34880924 137449.27 Cr. 132954.73 Cr.
2016-2017 39701047 180528.54 Cr. 175312.13 Cr.
2017-2018 48130593 253677.10 Cr. 246437.40 Cr.
2018-2019 59870318 321722.79 Cr. 311811.38 Cr.
2019-2020 62247606 337495.53 Cr. 329715.03 Cr.
2020-2021 50735046 321759.25 Cr. 311754.47 Cr.
2021-2022 53795526 339110.35 Cr. 331402.20 Cr.
2022-2023 (till 08/07/2022) 10036013 73199.89 Cr. 68879.37 Cr.

Procedure To Apply For Mudra Yojana 

To get the benefits of the scheme you can apply online mode by following the below mention steps or visiting the lending institutions mentioned above.

  • On the homepage of the portal, you will get the apply link or directly click here
  • From the open page, you have to go to the mudra loan and click on apply now option
  • This will open the registration page on the screen from where you have to select any of the following
    • New entrepreneur
    • Existing entrepreneur
    • Self-employed professional
  • Now you have to enter your name email ID and mobile number
  • Press generate OTP option and you will receive an SMS and email along with the OTP
  • Enter the OTP in the given space and click proceed option
  • Follow the screen and complete the application form that appears on the computer screen
  • Complete the application form and upload all the significant documents
  • Submit the application form by pressing submit button after review
  • Remember to keep a printout of the field application for further use if required

How To Download Application Form

You can get the application form from the lending institutions or by following the below mention steps

  • From the home page of the portal, you have to go to the Shishu or Kishore or Tarun option available at the end
  • Click the link and a new page will open on the computer screen
  • Now you have to click on the download button given in front of the common loan application form Ford Kishore and Tarun or the application form for Shishu
  • As you click the application form will start downloading in your device
  • You can take a printout of the form and fill the details in it
  • Submit the field applied to the lending institution along with the necessary documents

Login Procedure For PMMY Portal

  • To log in you have to open the official website of the Mudra – Micro Units Development & Refinance Agency Ltd.
  • From the open page of the portal, you have to click on login for PMMY portal option available in the top right side
  • Login page will appear on the computer screen where you have to enter the login details as asked
    • User Name,
    • Password
    • Capture Code as shown on the screen
  • Click the Login button and the user dashboard will appear on the screen

Procedure to Recover Password

In case you forgot your password to login the PMMY Portal then you have to follow the below-mentioned steps

  • To recover your password, you have to open the official website of the Mudra – Micro Units Development & Refinance Agency Ltd.
  • From open page of the portal, you have to click on login for PMMY portal option available in the top right side
  • Login page will appear on the computer screen where you have to choose forgot passwordoption
loan Yojana
  • A new page will open on the screen, now you need to enter your email id and captcha shown on the screen
  • Press submit button and you will receive an email along with the code
  • Enter the code in the given space and press verify button
  • Create a new password, enter the new password, confirm new password and submit it

Important Links


National Toll-Free Number 1800 180 1111/ 1800 11 0001
State Toll-Free Number
Maharashtra 18001022636
Chandigarh 18001804383
Andaman and Nicobar 18003454545
Arunachal Pradesh 18003453988
A state in Eastern India 18003456195
Andra Pradesh 18004251525
Assam 18003453988
Daman and Diu 18002338944
Dadra Nagar Haveli 18002338944
Gujarat 18002338944
Goa 18002333202
Himachal Pradesh 18001802222
Haryana 18001802222
Jharkhand 18003456576
Jammu and Kashmir 18001807087
Kerala 180042511222
Karnataka 180042597777
Lakshadweep 4842369090
Meghalaya 18003453988
Manipur 18003453988
Mizoram 18003453988
Chhattisgarh 18002334358
Madhya Pradesh 18002334035
Nagaland 18003453988
NCT of Delhi 18001800124
Odisha 18003456551
Punjab 18001802222
Puducherry 18004250016
Rajasthan 18001806546
Sikkim 18004251646
Tripura 18003453344
Tamil Nadu 18004251646
Telangana 18004258933
Uttarakhand 18001804167
Uttar Pradesh 18001027788
West Bengal 18003453344

Grievance Officers

If you have any grievance related to the Mudra Yojana then you may contact the Grievance Officer on below-given contact details

Customer Care Center Address – Swavalamban Kendra, Plot No. C11, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400051, Maharashtra Telephone- 022-67221465 Email-
Grievance Redressal Officer Name – Shri Rajesh Kumar Email –
Chief Grievance Redressal Officer Name – Mr. Amitabh Mishra Email –
Timings – Monday to Friday (10:00 AM to 6:00 PM)

Mudra Yojana (F.A.Qs)?

Which bank gives Mudra loan ?

State Bank of India (SBI) Mudra loans are loans which are given by banks under the guidance of Micro-Units Development and Refinance Agency ( MUDRA ) to Micro, Small and Medium Enterprises (MSMEs) i.e. small and medium businesses.

For loan under Mudra Yojana (PMMY), you have to apply in a government or bank branch. If you want to start your own business, then you will have to provide many other documents including house ownership or rental documents, work related information, Aadhar, PAN number.
The interest rate applicable on these units will be between MCLR + 0.40% to MCLR + 1.65%. Loans covered under MUDRA are collateral free.
Any person or woman can apply online / offline for Pradhan Mantri Mudra Loan Scheme 2020- 2022 . Any woman who wants to start her own private business. So he is eligible to take Mudra loan. The woman can go to any nearby bank branch and contact the manager or loan officer there.
Under the Mudra Loan Scheme , a maximum of Rs 10 lakh. Loan amount up to Rs. To avail Mudra loan , the applicant does not need to deposit any security with the banks or lending institutions. This loan can be repaid for up to 5 years
Mudra loan is given under the Pradhan Mantri Mudra Yojana (PMMY). Business loans ranging from Rs 50,000 to Rs 10 lakh are available under this scheme depending on the categories of Shishu, Kishor and Tarun. When you apply for a MUDRA loan, you are issued a MUDRA card which is similar to a debit card .


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