Mudra Yojana: Will the government give a loan of Rs 10 lakh on giving Rs 4500 in this scheme? know the whole truth

PM Mudra Loan Online Apply: Many types of claims are being presented on social media regarding Pradhan Mantri Mudra Yojana (PMMY). These days a letter is going viral very fast on social media. In this letter the name of Pradhan Mantri Mudra Yojana is written and PM Narendra Modi (Narendra Modi’s picture has also been printed). Also, in this letter, a loan of Rs 10 lakh is being claimed under PM Mudra Yojana. However, 4500 rupees are also being asked in return for this. After all, what is the truth behind this? In this news we are going to tell you.

What is claim?
The claims that have been presented on social media regarding the Pradhan Mantri Mudra Yojana. PIB has also done a fact check regarding that letter. PIB Fact Check tweeted on this matter and informed that, ‘An approval letter claims to give a loan of Rs 10,00,000 under PM Mudra Yojana on payment of Rs 4500 as verification and processing fee’.

The claim turned out to be fake

PIB has found this approval letter fake in its Fact Check. Also PIB Fact Check said that no such letter has been issued by the Ministry of Finance. In such a situation, the claim being made in the letter is completely fake. Please do not share this with anyone. This claim is false.

What is Mudra Yojana
Let us tell you that in 2015, the Modi government at the Center started the Pradhan Mantri Mudra Yojana (PMMY). Under this scheme, loans up to Rs 10 lakh are given to non-corporate, non-agricultural small/micro enterprises. This loan is classified as Mudra loan under PMMY.

This is how you can take advantage
You can take loan for Mudra Yojana through any commercial bank, RRB, Small Finance Bank, Cooperative Bank, MFIs and NBFCs. The borrower can approach any institution from these mentioned places. Also, by visiting the PM Mudra Yojana Portal, you can apply online for the loan.

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