PM Mudra Loan 2025: The Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme launched by the Government of India to support small and Micro enterprises with easy Access to Collateral-Free loans. Whether You are starting a small business, expanding an existing one, or even planning to set up a roadside shop or salon, a Mudra loan can give you the financial boost you need.
But one of the most common questions is: Which banks offer PM Mudra loans?
🏦 Banks That Offer Mudra Loans 2025
Mudra loans are offered by a wide range of financial institutions across India, including:
1. Public Sector Banks (Government Banks)
These are nationalized banks and some of the most common places to apply for a Mudra loan.
- State Bank of India (SBI)
- Punjab National Bank (PNB)
- Bank of Baroda (BOB)
- Canara Bank
- Union Bank of India
- Bank of India
- Indian Bank
- UCO Bank
- Central Bank of India
- Indian Overseas Bank
2. Private Sector Banks
Some private banks also provide Mudra loans to eligible applicants.
- ICICI Bank
- HDFC Bank
- Axis Bank
- Kotak Mahindra Bank
- IDFC FIRST Bank
- IndusInd Bank
- Yes Bank
- Federal Bank
3. Regional Rural Banks (RRBs)
These banks serve rural and semi-urban populations.
- Andhra Pradesh Grameena Vikas Bank
- Baroda Rajasthan Kshetriya Gramin Bank
- Karnataka Vikas Grameena Bank
- Tamil Nadu Grama Bank
(And many more, depending on your location)
4. Small Finance Banks
These banks focus on serving small businesses and rural sectors.
- AU Small Finance Bank
- Ujjivan Small Finance Bank
- Equitas Small Finance Bank
5. Micro Finance Institutions (MFIs) and Non-Banking Financial Companies (NBFCs)
For those in areas with limited access to major banks, MFIs and NBFCs can be a great option for a Mudra loan.
Types of Mudra Loans
PMMY offers loans under three categories based on the stage and needs of the business:
- Shishu – Loans up to ₹50,000 (ideal for startups and new businesses)
- Kishore – Loans from ₹50,001 to ₹5 lakhs (for expanding small businesses)
- Tarun – Loans from ₹5 lakhs to ₹10 lakhs (for established businesses wanting to scale)
Eligibility Criteria Mudra Loan
- Indian citizen aged 18–65 years
- A small/micro business (non-corporate, non-farm)
- Business plan or proposal
- No major defaults in past loan history (for higher amounts)
How to Apply Mudra Loan
You can apply:
- Directly at any of the listed banks or financial institutions
- Through the official Mudra loan website
- Using online banking portals of your preferred bank
PM Mudra Loan 2025: Final Words
PM Mudra Loan 2025: The Mudra loan scheme has empowered millions of small entrepreneurs in India by offering financial support without the burden of collateral. Whether you are a shopkeeper, tailor, mechanic, or even a budding tech Entrepreneur—if you Need Funding, PMMY could be The Opportunity you have been looking for.
Before Applying, Check the Requirements of your local Bank and Prepare a solid Business Plan—it goes a long way in Getting your loan Approved faster.