ENA Economy 2016-11-30 08:40:47 <p><strong>New Delhi, Nov 30 (KNN)</strong> The MUDRA loan under Pradhan Mantri Mudra Yojana will now also be available for dairy industry, fisheries, poultry farms, honey bee farming, silk industry etc besides small business from non-farm sectors.</p> <p>Under this the self-entrepreneurs can avail up to Rs 50,000 under Shishu Loan, from Rs 50,000 to Rs 5 lakh under Kishore Loan and from Rs 5 lakh to Rs 10 lakh under Tarun Loan.</p> <p>There would be no requirement of No Dues Certificate as the loan will be based on Credit Bureau Report.</p> <p>There would be no collateral on the loan and the interest will be pain only on the withdrawn money, according to an advertisement by the Department of Financial Services.</p> <p>It said the loan can be repaid in easy instalments within appropriate time frame.</p> <p>So far, in the Financial Year 2016-17 as many as 199, 83, 843 PMMY Loans have been sanctioned.</p> <p>An amount of Rs 75699.86 Crore has been sanctioned in FY 2016-17 and an amount of Rs 73013.73 crore has been disbursed.</p> <p>Micro Units Development and Refinance Agency Ltd. [MUDRA] is an NBFC supporting development of micro enterprise sector in the country. MUDRA provides refinance support to Banks / MFIs for lending to micro units having loan requirement upto Rs 10 lakh.</p> <p>Non Corporate Small Business Segment (NCSB) comprising of millions of proprietorship / partnership firms running as small manufacturing units, service sector units, shopkeepers, fruits / vegetable vendors, truck operators, food-service units, repair shops, machine operators, small industries, artisans, food processors and others, in rural and urban areas are eligible for Mudra Loans. <strong>(KNN Bureau)</strong></p> 15886 http://knnindia.co.in/news/newsdetails/economy/mudra-loan-now-available-for-dairy-industry-fisheries-silk-industry-and-more 2016-11-30 08:40:47 knnindia.co.in