Business Loan: You can get a loan of Rs 10 lakh without pledging anything, there will be no processing fee..

Govt loan scheme: There is important news for the people who are running around banks to get a loan. Now you do not need to worry about the loan. You can fulfill your financial needs by taking a loan of Rs 10 lakh (PMMY Loan Scheme). You will get this loan without paying any processing fee. The method of applying for this loan (loan without processing fees) is also very easy. You will not even need to do much brainstorming or complete long procedures.

Take this advantage by taking a loan -

You can take advantage by taking a loan under the Pradhan Mantri Mudra Yojana of the Central Government (central government loan scheme). This scheme is about 10 years old, and under this loan scheme, loans are given for non-corporate and non-agricultural works. This loan scheme (the central government loan scheme) is very effective for those starting a business and small businessmen.

You can take a loan category-wise-

Three categories have been created for taking a loan (PMMY loan amount limit) under Pradhan Mantri Mudra Yojana. A loan of 50 thousand rupees can be taken in the Shishu Loan (PMMY Shishu loan) category. A loan of 5 lakhs is available in the Kishor Loan category, and you can take a loan of up to 10 lakh rupees in the Tarun Loan category (PMMY Tarun Loan).

Emi payment is also easy -

If you take a loan under Pradhan Mantri Mudra Yojana (PMMY Loan), then it is also easy to repay the EMI (PMMY Loan EMI rules). The rule of interest (PMMY loan interest rates) is different. This is a collateral-free loan, i.e., nothing has to be mortgaged. Under this scheme of the government, loans can be taken from government-private, regional rural bank, small finance bank, and non-financial companies. Know how much the loan tenure is-

You can choose from one year to 5 years for this loan without a processing fee. If any financial problem arises, then the tenure (PMMY loan tenure) for this loan can also be extended. Interest is charged only when the amount of this loan is withdrawn from the Mudra card (mudra card kaise banwaye).

This is how you can apply-

If you want to apply for Pradhan Mantri Mudra Yojana as per your need, then you will have to provide a permanent address and a business address along with an Aadhar card a PAN card. Apart from this, income tax return, copy of sales tax return, and passport size photo will also be required.

You can submit the form in the nearest bank. After verification, the loan amount (PMMY loan amount) will reach your loan account. It may take up to 30 days.

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