Pradhan Mantri Mudra Yojana (PMMY)

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Micro Business

Pradhan Mantri Mudra Yojana (PMMY)

MUDRA loans for income-generating micro enterprises in manufacturing, trading, and service sectors.

Target Group

Traders

Businessmen

Professionals with good track record

Purpose

To meet investment needs like creation of fixed assets, expansion of unit, purchase of machinery etc., in MSME - Manufacturing, Services and Retail Trade sectors

Type of Loan

Term Loan

Quantum of Loan

Based on the project

Margin

Category	Quantum of Loan	Margin
Sishu	Upto ₹50,000/-	NIL
Kishore	Above ₹50,000/- upto ₹5.00 lakh	10%
Tarun	Above ₹5.00 lakh upto ₹10.00 lakh	15%
Tarun plus	Above ₹10.00 lakh upto ₹20.00 lakh	20%

Schemes covered

MUDRA

PMSVANidhi

Stand-Up India

PMEGP

MUPSES

PMFME

Rate of Interest

Please refer Interest rate chart / visit our nearest branch

Security

Primary security – Hypothecation of assets created out of loan.

Collateral security - Immovable / other tangible security of at least 125% of the limit sanctioned

Repayment Period

Term Loan – Maximum upto 7 years

Processing Charges

Upto ₹50,000/- - Nil

Above ₹50,000/- - 1.18% of the Limit sanctioned

How to apply

Please contact nearest Puducherry Grama Bank’s Branch for more details

Need branch-level guidance?

Our branch team can help you understand the suitable scheme, expected documents, project preparation, and the next step in the application process.

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