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Businesses That Can Avail Mudra Loan Under PMMY

Types of businesses eligible for Mudra loans in India

List of Businesses That Can Avail Mudra Loan

Here is the list of businesses that can acquire this loan.

  • Any startup firm

  • Machine operators

  • Artisans

  • Truck operators

  • Traders and shopkeepers

  • Small vendors selling fruits and vegetables

  • Commercial transportation companies who purchase passenger vehicles such as auto-rickshaws, two-wheelers, small goods transport vehicles, 3 wheelers, e-rickshaws, taxis, tractors, etc

  • Small scale manufacturing units with millions in ownership or partnership corporations that are classified as non-corporate small businesses

  • Tailoring shops, dry cleaning, bike repair shops, boutiques, beauty parlours, boutiques, pharmacies, gyms, photocopy shops, stationery stores, salons, courier services, and other similar service sector units

  • Food product units including small service food stalls, bakery product makers like biscuits, bread and buns, run canteen services, makers of jams, jellies, papad, pickles, sweets, ice creams, etc

  • Small scale industries that are involved in chikankari, cotton ginning, other traditional embroidery and handwork such as zari, zardozi, handloom, knitting, sewing, apparel designing, computer-based embroidery on clothes, traditional dyeing, printing such as power looms, and so on

  • Units that manufacture non-garment products such as bags, vehicle accessories, home furnishings products, etc

  • Agriculture-related businesses such as beekeeping, food & agro-processing, poultry, grading, fishery, sorting, aggregation agro industries, pisciculture, dairy, agri-clinics, agribusiness centres, etc. (excluding crop loans, land improvements such as canals, irrigation, and wells)

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