PMMY: Big news for unemployed youth, Modi government is giving loan up to Rs 10 lakh, know

Mr journalist, New Delhi: In today's era, people are getting less jobs. Due to which it is becoming very difficult for any person to earn his living. If you are thinking of doing business.

Due to which you want to set up such a business in any sector. In which if you need a loan, then Modi government is arranging a huge amount of Rs. lakhs under the Prime Minister's Scheme.

Those people who want to start such a business on their own and are short of funds, then there is no need to panic and worry.

Get information about such a wonderful scheme run by the Modi government through which you can easily get a loan ranging from Rs 50,000 to Rs 10 lakh. Here we are giving you information about Prime Minister Mudra Yojana.

Government is giving collateral free loan

The government is providing collateral free loan here under the Pradhan Mantri Mudra Yojana. Through which you can apply by going to your nearest bank.

Let us tell you about this collateral free loan that you do not have to give any kind of security to apply for and get the loan, which is called collateral free loan.

Loan from Rs 50 thousand to Rs 10 lakh is easily available.

Under the Pradhan Mantri Mudra Yojana, the applicant's business is divided into three categories in which you get a loan ranging from ₹ 50,000 to ₹ 10 lakh. There are three categories available in this.

The first one is Shishu Loan. In this category of loan, you are given help up to ₹ 50000.

After this, Kishore Loan, in this the applicant is given a loan up to ₹ 5 lakh.

Whereas in the third category of loan, Tarun Loan, an amount of Rs 10 lakh is provided to the applicant.

Documents required for Pradhan Mantri Mudra Yojana

Under Pradhan Mantri Mudra Yojana, many such important documents are required for the loan applicant like PAN card, Aadhar card, business plan, place of business, necessary details of doing business.

If you are above 18 years of age then you are eligible to avail the benefits of this scheme. You can apply for loan under Mudra Yojana by visiting your nearest bank. In which the bank will examine your application and after that you will get the loan.