- Maximum benefit
- Up to ₹20 Lakh (Tarun Plus)
- Who can apply
- Micro enterprises
- Status
- Open
Is MUDRA Loan open? Key facts at a glance
MUDRA Loan (Central): Up to ₹20 Lakh (Tarun Plus).
Last verified: 26 Oct 2026. How we check our information
| Status | Open |
|---|---|
| Level | Central government scheme |
| Type of benefit | Collateral-free Business Loan |
| Maximum benefit | Up to ₹20 Lakh (Tarun Plus) |
| Project cost range | ₹50,000 – ₹20 Lakh |
| Who can apply | Micro enterprises (Manufacturing, Service, Trading) |
| Implementing agency | MUDRA (a SIDBI subsidiary), through banks, NBFCs and MFIs |
| Where to apply | Udyamimitra portal |
| Official notification | Read the notification |
| Last verified | 26 Oct 2026 · How we check |
What is MUDRA Loan?
MUDRA provides loans under Shishu (up to ₹50K), Kishor (₹50K–₹5L), Tarun (₹5L–₹10L), and Tarun Plus (₹10L–₹20L) for non-farm micro enterprises.
What are the key benefits of MUDRA Loan?
- Shishu: loans up to ₹50,000.
- Kishor: ₹50,000 to ₹5 lakh.
- Tarun: ₹5 lakh to ₹10 lakh.
- Tarun Plus: ₹10 lakh to ₹20 lakh, for borrowers who have taken and repaid a Tarun loan.
- No collateral — loans are covered by the Credit Guarantee Fund for Micro Units (CGFMU).
What could a unit get under MUDRA Loan?
The ceiling the scheme sets. What a particular unit receives depends on its project cost, location and the conditions on this page, so no rupee figure is worked out here.
Up to ₹20 Lakh (Tarun Plus)
Illustrative only: this is the scheme’s maximum, not an estimate for your unit. Source: Pradhan Mantri MUDRA Yojana (mudra.org.in); Tarun Plus category added by Union Budget 2024-25.
Who can apply for MUDRA Loan?
- Non-farm income-generating micro enterprises in manufacturing, trading and services, including activities allied to agriculture such as dairy, poultry and bee-keeping.
- Non-corporate enterprises (individuals, proprietorships and partnerships) with a viable business plan and no loan default.
Eligible business types
MSME categories covered
Eligible industries
How do I apply for MUDRA Loan?
- Apply at any bank, NBFC or micro-finance institution, or online through the Udyamimitra portal.
- Keep identity and address proof, a simple business plan and quotations for the assets to be bought.
Apply at: Udyamimitra portal
Which documents are needed for MUDRA Loan?
- Aadhaar
- PAN
- Business Proof
- Bank Statements
- Quotations
Can MUDRA Loan be combined with other schemes?
This scheme can be combined with the following for higher total benefits:
Why are MUDRA Loan applications rejected?
- Agricultural activity
- Existing NPA
- Incomplete KYC
Subsidy Setu's DPR preparation process addresses all common rejection points before filing.
Frequently asked questions about MUDRA Loan
- Is MUDRA Loan open?
- Yes, it is open for applications. Status last verified: 26 Oct 2026.
- Who can apply for MUDRA Loan?
- Micro enterprises (Manufacturing, Service, Trading).
- What is the maximum benefit under MUDRA Loan?
- Up to ₹20 Lakh (Tarun Plus).
- How do I apply for MUDRA Loan?
- 1. Apply at any bank, NBFC or micro-finance institution, or online through the Udyamimitra portal. 2. Keep identity and address proof, a simple business plan and quotations for the assets to be bought. Apply at: Udyamimitra portal.
Guides on MUDRA Loan
- MUDRA Loan 2026: Shishu, Kishor, Tarun and Tarun Plus Limits, Who Qualifies and How to Apply
- Is PMEGP Open in 2026? Status, Eligibility, Documents and What to Do Meanwhile
- Working Capital Loans for MSMEs: How Banks Set Your Limit, CMA Data and Collateral Rules
- PMEGP vs CGTMSE vs MUDRA: Which Central Scheme Fits Your MSME?
Related schemes
Which earlier or closed schemes are linked to MUDRA Loan?
These schemes are not open to new applications. Their pages stay online so you can see what changed and what replaced them.
- Prime Minister Employment Generation Programme: Applications paused, since 31 March 2026
- Stand-Up India Scheme: Closed since 31 March 2025
- National Livestock Mission: Awaiting extension, since 31 March 2026
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