Pradhan Mantri Mudra Yojana (PMMY)
The PMMY provides loans up to ₹10 lakh to non-corporate, non-farm small/micro enterprises. Loans are categorized into Shishu (up to ₹50,000), Kishor (₹50,001 – ₹5 lakh), and Tarun (₹5 lakh – ₹10 lakh).
Eligibility: Small business owners, vendors, artisans, shopkeepers, etc.
Loan Amount: ₹10,000 to ₹10 lakh
Stand-Up India Scheme
Provides bank loans between ₹10 lakh and ₹1 crore to at least one SC/ST borrower and one woman borrower per bank branch for setting up a greenfield enterprise.
Eligibility: SC/ST or Women entrepreneurs above 18 years
Loan Amount: ₹10 lakh – ₹1 crore
Credit Guarantee Fund Scheme (CGTMSE)
This scheme facilitates collateral-free credit to the micro and small enterprise sector. The guarantee cover is up to 85% of the sanctioned amount.
Eligibility: New and existing micro & small enterprises
Loan Amount: Up to ₹2 crore
PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)
Offers a working capital loan of up to ₹10,000 to street vendors for restoring businesses affected by the pandemic. Offers interest subsidy on timely/early repayment.
Eligibility: Urban street vendors
Loan Amount: ₹10,000 (first cycle), more in 2nd/3rd cycles
Kisan Credit Card (KCC)
KCC aims to provide farmers with timely access to credit. Covers expenses related to agriculture and allied activities like animal husbandry and fisheries.
Eligibility: Farmers engaged in agriculture and allied activities
Loan Amount: ₹50,000 to ₹3 lakh (interest subvention available)
Agriculture Infrastructure Fund (AIF)
Offers medium to long-term debt financing facility for investment in viable agriculture infrastructure projects.
Eligibility: Farmers, FPOs, agri-entrepreneurs
Loan Amount: Varies as per project
Mukhya Mantri Yuva Swarozgar Yojana (MP)
Provides financial assistance to youth for self-employment ventures in Madhya Pradesh.
Eligibility: Youth between 18-45 years residing in MP
Loan Amount: ₹50,000 to ₹10 lakh
Tamil Nadu Startup and MSME Loan Schemes
Multiple support schemes are available for MSMEs and startups in Tamil Nadu through the TN Industrial Investment Corporation (TIIC).
Loan Amount: Up to ₹5 crore depending on sector