Centre Doubles Loan Limit Under Pradhan Mantri Mudra Yojana To Rs 20 Lakh

As per the notification issued, a new category, named 'Tarun Plus', is for loans above Rs 10 lakh and up to Rs 20 lakh.

The limit of Mudra loans has been enhanced from the current Rs 10 lakh to Rs 20 lakh.

Source: Mudra portal 

The limit of Mudra loans under the Pradhan Mantri Mudra Yojana has been enhanced from the current Rs 10 lakh to Rs 20 lakh, as announced by Finance Minister Nirmala Sitharaman in the Union Budget in July.

Also Read: Time For Reckoning: Lights Finally On At The Consumer Loan Party

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Pallavi Nahata
Pallavi is Associate Editor- Economy. She holds an M.Sc in Banking and Fina... more
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