Business, & agriculture finance

BOI Pradhan Mantri Mudra Yojana

Term-loan and/or working-capital finance up to ₹10 lakh for new or existing micro enterprises and specified allied-agriculture activities.

Facility amountMaximum ₹10 lakh for term loan and/or working capital.Eligible customerAny individual, woman, proprietary concern, partnership firm, private limited company or other entity setting up/upgrading a qualifying micro enterprise.CollateralNil collateral; primary security is assets created from bank finance and personal guarantee of promoters/directors.

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✓ Manually checked 30 Aug 2026 · active

Offered byBank of India

India; rural and urban BOI branches

Key facts

What the official sources publish

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Facility amountMaximum ₹10 lakh for term loan and/or working capital.View source

The official quantum section publishes maximum ₹10 lakh.

Source: Pradhan Mantri Mudra Yojana — BOI
Page / section: Quantum of loan
Accessed: 30 Aug 2026
Confidence: high

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Eligible customerAny individual, woman, proprietary concern, partnership firm, private limited company or other entity setting up/upgrading a qualifying micro enterprise.View source

The official eligibility section lists the applicant types and micro-business purpose.

Source: Pradhan Mantri Mudra Yojana — BOI
Page / section: Eligibility
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

CollateralNil collateral; primary security is assets created from bank finance and personal guarantee of promoters/directors.View source

The official security section states collateral nil.

Source: Pradhan Mantri Mudra Yojana — BOI
Page / section: Security
Accessed: 30 Aug 2026
Confidence: high

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RepaymentDemand loan up to 36 months; term loan up to 84 months including moratorium.View source

The official repayment section publishes 36 and 84 months.

Source: Pradhan Mantri Mudra Yojana — BOI
Page / section: Repayment period
Accessed: 30 Aug 2026
Confidence: high

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TenureDemand loan maximum 36 months; term loan maximum 84 months including moratorium.View source

The official repayment section publishes 36 and 84 months.

Source: Pradhan Mantri Mudra Yojana — BOI
Page / section: Repayment period
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Geographic limitsIndia; rural and urban BOI branchesView source

The manually reviewed product record states: “India; rural and urban BOI branches”.

Source: BOI Pradhan Mantri Mudra Yojana — official product page
Page / section: Published product metadata
Accessed: 30 Aug 2026
Confidence: high

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DocumentsKYC, business plan and documents requested under PMMY/BOI guidelinesView source

The manually reviewed product record states: “, business plan and documents requested under /BOI guidelines”.

Source: BOI Pradhan Mantri Mudra Yojana — official product page
Page / section: Published product metadata
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Benefits and features

Maximum ₹10 lakh
Nil collateral
Margin nil up to ₹50,000 and minimum 15% above ₹50,000
Repayment up to 36 months demand loan or 84 months term loan including moratorium

Eligibility

Any individual, women applicant, proprietary concern, partnership firm, private limited company or other entity setting up/upgrading a micro business in manufacturing, processing, trading, services or specified allied agriculture.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

, business plan and documents requested under /BOI guidelines

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Loan repayment estimate

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Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees

Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees

Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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TableProductChoose column

Star Start Up Scheme · Target customer start-up; up to 10 years and ₹100 crore turnover

This value is copied from BOI finance — published terms. Check the table notes before relying on it.

Source: BOI finance product pages · Quantum, eligibility, security and repayment Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 4 rows · 5 columnsBOI MSME finance — published termsQuantum, eligibility, security and repayment terms transcribed from official BOI product pages.View tableHide table

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BOI MSME finance — published terms
Product	Target customer	Amount	Security	Repayment / rate
Star Start Up Scheme	start-up; up to 10 years and ₹100 crore turnover	Above ₹10 lakh; maximum assessed; CGSS up to ₹10 crore	Primary asset charge; CGSS/collateral routes; promoter guarantee	Up to 120 months incl. 24-month moratorium; 1% concession; processing waived
	Micro enterprises and listed entity types	Up to ₹10 lakh	Nil collateral; primary asset and personal guarantee	36-month demand or 84-month term; rate/charges per BOI guidelines
Star Asset Backed Loan	Existing compliant , 3 years operation	₹10 lakh–₹20 crore	60% residential / 50% other property	Up to 15 years; rate applicable
Star Education Plus	Approved schools, colleges and universities	₹10 lakh–₹5 crore	Mortgage/hypothecation; 1.50 asset cover	Up to 8 years incl. 12–18-month moratorium; charges applicable

BOI finance product pages · Quantum, eligibility, security and repayment · accessed 30 Aug 2026Open official source ↗

Table 2 · 4 rows · 3 columnsBOI business-finance final queue — published rate/fee statusView tableHide table

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BOI business-finance final queue — published rate/fee status
Product	Field	Official result
Pradhan Mantri Mudra Yojana	Interest rate	As prescribed by BOI; no fixed percentage published
Pradhan Mantri Mudra Yojana	Processing fee	As per extant BOI guidelines; no fixed amount published
Star Asset Backed Loan	Interest rate	As applicable to assessed borrower/facility; no fixed percentage published
Star Contractor Credit	Interest rate	As applicable under BOI guidelines; no fixed percentage published

BOI official business-finance pages and policy · Rate/fee tabs and applicable-guideline references · accessed 10 Sept 2026Open official source ↗

BOI Pradhan Mantri Mudra Yojana

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

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Complete rates, limits and schedules

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