#Shishu/ #Kishor/ #Tarun Schemes – #MudraLoan
The Bank will nurture small businesses through different stages of growth and development of businesses termed as Shishu, Kishor and Tarun.
#Mudra Bank Starts Financing at 7.00% rate of #Interest
#Shishu This is will be the first step when the business is just starting up. The loan cover in this stage will be upto Rs 50,000.
#Kishor In this stage, the entrepreneur will be eligible for a loan ranging from Rs 50,000 to Rs 5 lakh.
#Tarun This last and final category will provide loans for upto Rs 10 lakh. 27 nationalised, 15 private and one Regional Gramin Bank participated in mega loan under Pradhan Mantri Mudra Loan Scheme. 15.90 Crore were sanctioned to 3239 beneficiaries in Gurgaon under Pradhan mantri Mudra Yojna (#PMMY).
#SBBJ has sanctioned 16,814 loans amounting to Rs 226 crore under PMMY
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