www.mizoramruralbank.in

PRADHAN MANTRI MUDRA YOJNA(PMMY)

PURPOSE

    Lending to Micro enterprise in Manufacturing, Trading and service Sector

ELIGIBILITY

    Individual ,Proprietary concern,Partnership firm,Pvt ,Ltd company ,Public company and any other legal forms-Non Firm enterprises engaged in Manufacturing, Trading and Services

    The applicant should not be defaulter to any bank or financial institution

LOAN AMOUNT

    Shishu :up to ₹ 50,000/-

    Kishore :up to ₹ 50,001/- to ₹ 500,000/-

    Tarun :up to ₹ 5,00,001/- to ₹ 10,00,000/-

MARGIN

    Shishu - NIL

    Kishore & Tarun - Min 15% incase of TL and Min .25% incase of WC Finance

INTEREST RATE

    As prescribed by the Bank. interest will be applied on monthly compounding basis

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Largest Branch Network in
Mizoram.
Mizoram Rural Bank
Head Office : MINECO,Khatla
Aizawl - 796001
Mizoram
Nodal Officer for Customer Grievance Redressal
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