Micro Units Development and Refinance Agency Limited (MUDRA) was launched as a Financial Institution on 8th April 2015 by the Hon'ble Prime Minister, for encouraging the micro enterprises, engaged in manufacturing, trading, services and other income generating activities.

Shishu Kishor  Tarun 
Max Loan Rs. 50,000/-  Rs. 5,00,000/-  Rs. 10,00,000/- 
Basis of Advance Working capital: 20% of Net turnover
TL: 4 times Avg Gross cash accruals or 80% of agreement value of new asset
Repayment period TL - Max 36 mnths (including 12 mnths moratorium) TL - Max 60 mnths (including 12 mnths moratorium)  TL - Max 60 mnths (including 12 mnths moratorium) 
Primary Security Charge on current asset / Fixed assets
Collateral Security / Guarantor Nil
To be covered under CGTMSE
Rate of Interest Floating: PLR-3.75% p.a.
0.10% concession for woman entrepreneur 
Shareholding 2.5% of loan amount, Maximum Rs.25000/-
Processing fee Nil  Nil  Rs. 5000/- 
Renewal fee Nil  Nil  Rs. 500/- 

Loan Application form