BUDGET 2K15:

 THERE ARE 5.77 CRORE SMALL BUSINESS

UNITS
 62% ARE SCHEDULED CASTE,
SCHEDULED TRIBE OR OTHER
BACKWARD CLASS
 ONLY 4% OF SUCH UNITS GET
INSTITUTIONAL FINANCE
 WILL HAVE A CORPUS OF RS. 20,000
CRORE AND A CREDIT GAURANTEE
CORPUS OF RS. 3,000 CRORE
ABOUT MUDRA
BANK: Micro Units Development and Refinance Agency (MUDRA) Bank

Native name मद्र ा बकैं

ु

Type Subsidiary

Industry Business finance

Founded 8 April 2015;

Headquarters [New Delhi]

Area served India

Products Microfinance and refinance

Website www.mudra.org.in
WHAT DOES MUDRA BANK
YOJANA AIM FOR:
 STABILIZING INDIA’S MICRO FINANCE
SECTOR VIA INCLUSIVE PARTICIPATION &
REGULATION
 AIDING AGENCIES AND MICRO FINANCE
INSTITUTION BY EXTENDING CREDIT
SUPPORT
 OFFERING STRUCTURE GUIDELINES TO
BORROWERS TO PREVENT BUSINESS
FAILURE.
 INTRODUCTION AND IMPLEMENTATION OF
TECHNOLOGICAL SUPPORT
ELIGIBILITY TO ATTAIN MUDRA
LOAN:
 LOAN APPLICANT MUST BE AN INDIAN
CITIZEN, UNLIKE OTHER BANKS MUDRA
BANK OFFERS LOANS FOR INDIAN
CITIZENS
 LOAN CAN BE AVAILABLE ONLY FOR
MICRO OR SMALL SCALE INDUSTRIES
 PROPER PROOF OF IDENTITY,
RESIDENCE ALONG WITH TWO SETS OF
PROPRIETOR/ PARTN ER/ DIRECTOR
PHOTOS
 LOAN AMOUNT SHOULD BE QUOTED
UNDER THE MAXIMUM LIMIT OF 10,00,000
TARUN SCHEME:
 FOR ENTREPRENEURS WITH
ESTABLISHED MICRO BUSINESS UNITS
BUT WOULD WANT FOR FUNDING OR
INVESTMENT FOR EXPANSION OF THE
BUSINESS
 MINIMUM LOAN AMOUNT: RS. 5,00,000
 MAXIMUM LOAN AMOUNT: RS. 10,00,000
KISHORE SCHEME:
 CATERS TO BUSINESS OWNERS REQUIRING
FUNDS BETWEEN RS. 50,000 TO RS. 5,00,000.
THOSE WHO HAVE BEEN ALREADY
RUNNING THEIR BUSINESS FOR SOME
TIME AND NOW REQUIRES FUNDS FOR
FURTHER EXPANSION, WOULD COME
UNDER THIS CATEGORY.
 MINIMUM LOAN AMOUNT: RS. 50,000
 MAXIMUM LOAN AMOIUNT: RS. 5,00,000
SHISHU SCHEME:
 THIS STAGE CATERS TO
ENTREPRENEURS WHO ARE ABOUT TO
START THEIR BUSINESS, OR ARE IN THE
FIRST STAGES OF BUSINESS.

 MAXIMUM LOAN AMOUNT: RS. 50,000

OBJECTIVES OF MUDRA
BANK:
 TO BUILD A SUITABLE SYSTEM TO GROW
THESE BUSINESSES BY PROVIDING FINANCE
 TO SETUP A GOOD METHOD OF USING THE
LAST-MILE CREDIT AGENT SCHEME SYSTEM
TO SMALL AND MICRO BUSINESS.
 TO MAKE A GOOD CREDIT GUARANTEE
SYSTEM.
 TO ENSURE BUSINESSMAN THAT THE
BUSINESS WON’T BE A FAILURE
 REGISTERING ALL THE MICRO FINANCE
INSTITUTIONS AND AGENCIES TO EVALUATE
THE PERFORMANCE RATING
RESPONSIBILITIES OF MUDRA
BANK:
 LAYING DOWN POLICY GUIDELINES FOR
MICRO/SMALL ENTERPRISE FINANCING
BUSINESS
 REGISTRATION AND REGUILATION OF MFI
ENTITIES
 ACCREDITATION AND RATING OF MFI
ENTITIES
 PROMOTING RIGHT TECHNOLOGY
SOLUTIONS FOR THE LAST MILE
 FORMULATING AND RUNNING A CREDIT
GAURANTEE SCHEME
 CREATING A GOOD ARCHITECTURE OF LAST
MILE CREDIT
ADVANTAGES OF MUDRA
BANK:
 DEVELOPMENT OF SMEs
 EMPLOYMENT IN RURAL
 GDP GROWTH
 MAKE IN INDIA
 FACILITIES INFRASTRUCTURE
 INCREASING STANDARD OF LIVING AND
POVERTY LEVEL
INTEREST RATES OF MUDRA
LOAN?
 IF LOAN IS AVAILED UNDER MUDRA SHISHU
UPTO 50,000 THEN NORMAL RATES AROUND
10% - 12% INTEREST ARE CHARGED
 IF LOAN AVAILED UNDER MUDRA KISHORE
UPTO 5,00,000 WHICH COMES UNDER
UNSECURED LOANS SO INTERESTRATES
WOULD BE BETWEEN 14% - 17%
 IF LOAN AVAILED UNDER MUDRA TARUN
WITH THE MARGIN OF 5,00,000 TO 10,00,000 –
INTEREST RATE WILL BE HIGH STARTING
FROM 16% AND VARIES FROM BANK TO BANK
MUDRA
CARD:
As per the guidelines of Micro Units Development and Refinance
Agency Ltd (MUDRA) MUDRA Card is formulated to meet the
working capital needs of the micro enterprises.
 MUDRA loans are extended to Micro enterprises engaged in
trading, service and manufacturing activities and the maximum
eligible loan amount under the scheme is Rs.10.00 lakhs.
 The MUDRA card is a debit card on a Rupay payment platform
issued to the Micro entrepreneurs who have availed the working
capital loan from the Bank under Pradhan Mantri Mudra Yojana
(PMMY).
 Bank has launched the MUDRA card on 29-08-2015. The maximum card
limit under the scheme is Rs.10.00 lakhs. The card can be used for cash
withdrawal at ATMs and also for merchant banking. The limit fixed to the
card is valid up to due date of the OD limit and validity of Card is 5
years.
MUDRA
CARD
MUDRA LOAN VS PERSONAL
LOAN:
MUDRA LOANS PERSONAL LOANS

ONLY FOR BUSINESS PURPOSE UNIVERSAL TYPES OF LOAN

GOVERNANCE BY GOVERNMENT AVAILED BY BOTH PUBLIC AND

PRIVATE BANKS

INTEREST RATE 10% – 16% INTEREST RATE 11% - 22%

CREDIT IN FORM OF MUDRA CREDITED TO PERSONAL

CARDS ACCOUNT
STATISTICS :
THANK
YOU