Register companies, GST & more
AI, Blockchain & Cloud
Technocrat Oasis is a team of passionate technocrats, designers, developers, and digital strategists who believe in combining creativity with technology. We work closely with our clients to understand their goals and provide customized solutions that align with their business needs.
Empowering Small Businesses with Collateral-Free Business Loans
Collateral-Free Business Loan
For eligible micro enterprises
Shishu, Kishore, Tarun & Tarun Plus
Collateral-free business loan
Banks, NBFCs, MFIs & SFBs
Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme launched by the Government of India to provide collateral-free business loans to micro and small enterprises engaged in income-generating activities. The scheme aims to promote entrepreneurship, self-employment, and financial inclusion by making formal credit accessible to businesses that often face difficulty in obtaining traditional bank loans.
Under PMMY, eligible entrepreneurs can avail business loans of up to ₹20 Lakhs for establishing a new enterprise, expanding an existing business, purchasing machinery, meeting working capital requirements, or modernizing operations.
The scheme primarily benefits non-corporate, non-farm enterprises engaged in manufacturing, trading, services, and allied agricultural activities such as dairy farming, poultry, fisheries, beekeeping, food processing, and similar sectors.
Loans under PMMY are offered through various Member Lending Institutions (MLIs) including Public Sector Banks, Private Sector Banks, Regional Rural Banks (RRBs), Small Finance Banks (SFBs), Cooperative Banks, Micro Finance Institutions (MFIs), Non-Banking Financial Companies (NBFCs), and other financial institutions approved by MUDRA Ltd.
Eligible entrepreneurs can obtain business loans without providing any collateral or third-party guarantee, making it easier for first-time business owners and small enterprises to access finance.
The scheme provides financial assistance up to ₹20 Lakhs, depending on the stage of the business, loan requirement, repayment capacity, and lender's assessment.
PMMY supports businesses involved in manufacturing, trading, service industries, food processing, transportation, repair services, retail shops, handicrafts, and allied agricultural activities such as dairy, poultry, fisheries, and beekeeping.
Loans can be availed from Public Sector Banks, Private Banks, Regional Rural Banks, Cooperative Banks, Small Finance Banks, NBFCs, MFIs, and other financial institutions approved by MUDRA Ltd.
The loan amount can be used for purchasing equipment, machinery, inventory, business expansion, infrastructure development, working capital, and operational expenses.
Eligible borrowers may receive a Mudra Card, a RuPay debit card that enables flexible withdrawal of working capital as and when required, reducing interest costs on unused funds.
Indian Citizen — the applicant must be an Indian citizen with a genuine business proposal for starting or expanding an income-generating enterprise.
Non-Corporate Business — the business should belong to the non-corporate, non-farm sector and operate as a Proprietorship, Partnership Firm, Small Enterprise, or any other eligible business entity.
Eligible Business Activities — applicants engaged in manufacturing, trading, services, food processing, transport services, repair businesses, retail shops, artisanship, or allied agricultural activities are eligible to apply.
Business Purpose — the loan should be utilized only for business-related purposes such as setting up a new enterprise, purchasing machinery, business expansion, infrastructure development, or working capital requirements.
Good Credit History — applicants should maintain a satisfactory repayment record and should not be classified as wilful defaulters by any bank or financial institution.
Easy Access to Business Finance — the scheme provides collateral-free loans to micro and small enterprises, enabling entrepreneurs to obtain formal credit without pledging valuable assets.
Encourages Entrepreneurship — PMMY supports aspiring entrepreneurs, self-employed professionals, women entrepreneurs, artisans, shopkeepers, and small business owners in establishing and growing sustainable businesses.
Flexible Loan Utilization — funds can be utilized for machinery purchase, business expansion, inventory procurement, working capital, technology upgrades, infrastructure development, and other legitimate business expenses.
Affordable Interest Rates — interest rates are determined by Member Lending Institutions in accordance with Reserve Bank of India (RBI) guidelines, ensuring competitive and transparent pricing.
Wide Availability Across India — the scheme is available through thousands of participating banks, NBFCs, MFIs, Small Finance Banks, and Cooperative Banks, making it easily accessible across urban and rural India.
Supports Employment Generation — by enabling micro and small businesses to expand their operations, PMMY contributes significantly to employment generation, economic growth, financial inclusion, and the development of the MSME sector.
Aadhaar Card.
PAN Card.
Passport-size Photographs.
Address Proof.
Business Registration Certificate (if applicable).
Udyam Registration Certificate (if available).
Business Plan or Project Report.
Bank Account Statement.
Income Proof (if applicable).
Quotation for Machinery or Equipment (if applicable).
GST Registration (if applicable).
Existing Business Proof (for business expansion loans).
Any additional documents requested by the lending institution during loan processing.
Important Note: PMMY provides business loans through eligible Member Lending Institutions (MLIs) such as Banks, NBFCs, MFIs, Small Finance Banks, and Regional Rural Banks. Loan approval, interest rates, repayment terms, and documentation requirements are determined by the respective lending institution in accordance with RBI and MUDRA guidelines.
Five stages, one record of every startup we've moved forward
Served
0+
Startups nationwide
Save up to 100%
on eligible startup taxes
Satisfaction score
0%
rated by founders we've worked with
Client outcomes
0%
of Technocrat clients reach the interview stage with investors
Certified
0+
Startups registered
Startup India
Certificate
Total disbursed
₹0+ Cr
disbursed to
0+
businesses, and counting
0+
Businesses granted a 3-year tax holiday
Funding
Guide 2025
Director · Shri Giriraj Dharan company
A highly professional consulting and IT company offering reliable solutions, excellent customer service, and skilled experts. They deliver quality work efficiently, maintain clear communication, and consistently exceed client expectations.
owner · om glass fibre
Excellent consulting and IT company with professional staff, innovative solutions, and reliable support. Their team understands client needs, delivers projects on time, communicates clearly, and provides outstanding service throughout every engagement.
Find answers to the most common questions about our services. Contact us if you need more personalized support.
Have questions about our business consultation, tech solutions, or startup programs? Get in touch with our team today.
Fill out the form below and our consulting lead will respond within 24 hours.
Sign up for our latest news & articles. We won’t give you spam mails.
Technocrat Oasis - Copyright © 2026. All rights reserved.
