Micro Units Development And Refinance Agency Ltd. [Mudra] Is An Nbfc Supporting Development Of The Micro-enterprise Sector In The Country. Mudra Provides Refinance Support To Banks / Mfis For Lending To Micro Units Having Loan Requirement Up To 10 Lakh. Mudra Provides Refinance To Micro-business Under The Scheme Of Pradhan Mantri Mudra Yojana.
Mudra loan is extended for a variety of purposes which provide income generation and employment creation. The loans are extended mainly for a Business loan for Vendors, Traders, Shopkeepers and other Service Sector activities Working capital loan through MUDRA Cards Equipment Finance for Micro Units Transport Vehicle loans.
Eligibility Criteria For Partner Institutions Micro Units Development and Refinance Agency (MUDRA) has adopted the eligibility norms in respect of the various category of Banks for the partner lending institutions for the purpose of availing refinance to micro units in manufacturing, trading and service sector in rural and urban areas.
Mudra Loan Amount
Shishu: Covering Loans Up To 50,000/-
Kishor: Covering Loans Above 50,000/- And Up To 5 Lakh
Tarun: Covering Loans Above 5 Lakh And Up To 10 Lakh