If you don't have money to start a business, this government scheme will give you 20 lakhs, apply like this.

PM Mudra Yojana: If you want to start your own business and you don't have money for it. Then this scheme of the Government of India will help you. You will get a loan of up to Rs 20 lakh. Know the application process.

The Government of India brings many schemes for the citizens of the country. The government has different schemes according to the needs of different people. The Government of India provides financial benefits to the people through many of its schemes.

If you want to start a business or want to expand your business. But you don't have money. Then the Government of India helps you with that too. The Government of India has started the Pradhan Mantri Mudra Yojana for this in the year 2015.

Under the Pradhan Mantri Mudra Yojana, the government gives loans to people setting up non-agricultural non-corporate small and micro industries. This loan is given by the government in three categories. Which includes Shishu, Kishore, and Tarun category.

In Shishu category, loan up to Rs 50,000 is available. In Kishore category, loan from Rs 50,000 to Rs 5 lakh is available. Whereas in Tarun category, loan from Rs 5 lakh to Rs 10 lakh is given. But now Tarun Plus category has been added in it. In which loan up to Rs 20 lakh is available.

But in Tarun Plus category, only those people get loan who have taken loan in Shishu Kishore Tarun category under Mudra Yojana and have repaid it on time. Only those who have taken loan earlier and repaid it can take loan in Tarun Plus category.

If you also want loan in Pradhan Mantri Vishwakarma Yojana, then you can apply online for it by visiting the official website www.udyamimitra.in. Apart from this, you can apply offline by visiting your nearest bank, non-banking financial companies (NFBC) or microfinance institute (FMI) branch.

Let us tell you that under the Pradhan Mantri Mudra Yojana (PMMY), loans have been provided to more than 47 lakh small and new entrepreneurs of the country so far. Loans worth Rs 27.75 lakh crore have been given under the scheme so far.