Try these sample scenarios to see how different loan categories and amounts work:
Shishu — ₹30,000
New retail shop — EMI: ₹920/month
Kishor — ₹2,50,000
Shop expansion — EMI: ₹5,300/month
Tarun — ₹7,50,000
Manufacturing facility — EMI: ₹15,900/month
Tarun Plus — ₹15,00,000
Business scaling — EMI: ₹31,800/month
Tip: Use this tool to understand PMMY eligibility and loan categories. For an actual loan application, contact banks directly and provide complete documentation. Banks make the final approval decision.
Important: For actual loan application, interest rates, approval decisions, and terms, contact your bank directly. Banks will conduct their own assessment and provide official information. This tool is only for understanding the scheme, not for making final decisions.
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Last Updated: 1 February 2025
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Calculations verified against official guidelines and industry regulations.
This Mudra Loan Eligibility Checker India — Free PMMY Tool is built on official guidelines and verifiable sources:
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