PM Mudra Update: The government has doubled the limit of PM Mudra Yojana, now you will get a loan of up to Rs 20 lakh..

Before Diwali (Diwali 2024), Prime Minister Narendra Modi gave a big gift to the countrymen. The loan limit under Pradhan Mantri MUDRA Yojana has been doubled. Now you can take a loan of up to Rs 20 lakh under Pradhan Mantri Mudra Yojana (MUDRA Loan Yojana). Earlier this limit was Rs 10 lakh, but the government has doubled it. This decision has been taken to make small entrepreneurs more strong and increase employment opportunities in the country.

Small businessmen will get a big benefit

According to the Ministry of Finance, this step will fulfill the objective of the Mudra scheme even more effectively. This decision will help small businessmen to grow their businesses and take advantage of new opportunities. This will create new employment opportunities and help strengthen the country's economy.

Who can take a Mudra loan?

Those who want to start their new business can also take advantage of this scheme. Apart from this, people who are already running their businesses can also use this Mudra loan to expand their business. If you have a small business or you want to start a new business, then Pradhan Mantri Mudra Yojana (PM Mudra Loan Yojana) is a very good option for you. You can apply for this loan (PM Mudra Loan Online Apply) by contacting your nearest bank or financial institution.

Benefits of Pradhan Mantri Mudra Yojana (PMMY)

Under this scheme, the interest rates on loans are very low.
The process of taking a loan under this scheme is very easy and fast.
You do not need any guarantor to take a loan under this scheme.