The Pradhan Mantri Mudra Yojana or PMMY is a flagship scheme of the Government of India to extend affordable credit to micro and small enterprises. Under the aegis of PMMY, MUDRA has created three products namely ‘Shishu’, ‘Kishore’ and ‘Tarun’ to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur
Shishu : covering loans up to ₹ 50,000/-
Kishor : covering loans above ₹ 50,000/- and up to ₹ 5.00 lakh
Tarun : covering loans above ₹ 5 lakh and up to ₹ 10.00 lakh