Business Loans and Schemes
The government supports small businesses through loans, subsidies and registration schemes. This page explains the main ones and where to apply.
Main Options
PM MUDRA Yojana
Collateral free loans for small businesses, in three categories called Shishu, Kishore and Tarun. Loan limits can change, so check the current figures on the official site.
Udyam Registration
Free registration for micro, small and medium enterprises. It gives your business an official identity and helps you access schemes.
Startup India
Recognition, tax benefits and funding information for eligible startups.
Stand-Up India
Loans for women and for SC and ST entrepreneurs to start a new business.
PM SVANidhi
Small working capital loans for street vendors.
PMEGP
A credit linked subsidy scheme to help set up new micro enterprises.
Official Websites
Each card opens the official site in a new tab.
- MUDRALoan categories and lending institutionsmudra.org.in
- Udyam RegistrationFree MSME registrationudyamregistration.gov.in
- Startup IndiaStartup recognition and benefitsstartupindia.gov.in
- Stand-Up IndiaLoans for women and SC/ST entrepreneursstandupmitra.in
- PM SVANidhiLoans for street vendorspmsvanidhi.mohua.gov.in
- PMEGPSubsidy for new enterpriseskviconline.gov.in
How to Apply
- Decide how much money you need and for what purpose.
- Prepare a short business plan or a list of costs.
- Register on Udyam if you run a micro or small business.
- Choose the scheme that fits and read its eligibility on the official site.
- Apply through the portal or at a bank branch that offers the scheme.
- Keep records of your loan agreement and repay on time to build a good credit record.
Documents You Usually Need
- Aadhaar card and PAN card
- Business address proof
- Bank statements
- Udyam registration certificate, if available
- Quotation for machinery or stock
- Passport size photo
- Caste or category certificate, if applicable
Stay Safe from Fraud
- Loan approval is never “guaranteed” and you should never pay money upfront to a person promising a government loan. Apply only through banks and the official sites.
- Official sites end in .gov.in or .nic.in. Check the address bar before you enter any detail.
- Report fraud at cybercrime.gov.in or call 1930.