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MSME / MUDRA LOAN

MSME loans, or loans for Micro, Small, and Medium Enterprises, are crucial for the growth and sustainability of small businesses, offering financial support for various business needs. These loans are available through various banks and financial institutions, with schemes like the MUDRA loans providing access to financial assistance for starting or expanding ventures.  

Pradhan Mantri MUDRA Yojana (PMMY) provides loans up to ₹10 lakhs to non-corporate, non-farm small and micro enterprises, classified into Shishu (up to ₹50,000), Kishore (₹50,001 to ₹5 lakhs), and Tarun (₹5 lakhs to ₹10 lakhs) categories