Mudra Loan 2026: Shishu, Kishore, Tarun, Tarun Plus Rs 20 Lakh
📌Quick Facts & Summary
Key Benefit
Shishu: up to Rs 50,000.
Who Can Apply
Small business owners and new entrepreneurs in manufacturing, trading, services and allied farm activities.
Status / Deadline
Changed: Tarun Plus (Rs 10-20 lakh) added from 24 Oct 2024 for those who repaid a Tarun loan.
Official Portal
Helpline
1800-180-1111 / 1800-11-0001
Last Verified
15 October 2026
🔗 Important Action Links (Official Portals):
What is the Scheme?
Collateral-free loans for small non-farm businesses through banks, NBFCs and MFIs.
Also known as: Mudra loan, business loan without guarantee
Who is it for?
Small business owners and new entrepreneurs in manufacturing, trading, services and allied farm activities.
Benefits and Financial Assistance
| # | Key Benefit / Entitlement Details | Category / Mode |
|---|---|---|
| 1 | Shishu: up to Rs 50,000. | Primary Benefit (DBT/Subsidy) |
| 2 | Kishore: Rs 50,000 to Rs 5 lakh. | Direct Support |
| 3 | Tarun: Rs 5 lakh to Rs 10 lakh. | Direct Support |
| 4 | Tarun Plus: Rs 10 lakh to Rs 20 lakh (only after repaying a Tarun loan). | Direct Support |
| 5 | No collateral; guarantee by CGFMU. | Direct Support |
Eligibility Criteria
Applicants must meet the following eligibility conditions:
- Indian citizen with a viable income-generating business plan.
- Not a defaulter to any bank.
Documents Needed
Keep the following documents ready before submitting your application:
- ✓ Aadhaar, PAN
- ✓ Business proof / plan
- ✓ Address proof
- ✓ Bank statement (6 months, if existing business)
- ✓ Quotations for machinery
How to Apply Online (Step-by-Step)
- Apply on jansamarth.in (Mudra category) or your bank's website.
- Upload documents; bank contacts you.
How to Apply Offline
- Visit any bank, NBFC or MFI branch with your business plan.
How to Check Application / Payment Status
- Track on jansamarth.in or ask your bank.
Official Website and Helpline Numbers
| Official Portal | https://www.mudra.org.in / https://www.jansamarth.in ↗ |
|---|---|
| Helpline / Contact | 1800-180-1111 / 1800-11-0001 |
| Nodal Ministry | Department of Financial Services, Ministry of Finance |
Important Dates & Milestones
Ongoing. Checked 15 Oct 2026.
Frequently Asked Questions (FAQs)
❓ Is Mudra loan free money?
No. It is a loan; you must repay with interest.
❓ What interest rate?
Set by the lender as per RBI rules. No fixed central rate.
❓ Do I need a guarantor?
No collateral or guarantor is needed under the scheme.
❓ Is there an agent fee?
No. Avoid anyone asking for fees.
Sources & Official References
All facts on this page were verified on 15 October 2026 from the following official government sources:
Fact-Check Verification: This scheme entry was reviewed and fact-checked by Abhishek (govtschemes.net) using official PIB releases, ministry guidelines, and gazette records.
If you notice any outdated rule or change, please report a correction.
Related Central Government Schemes
Other central government schemes in the same sector and target audience:
Notice: govtschemes.net is not a government website. We are an independent information site. Always confirm eligibility and apply only on official government portals.