Business, & agriculture finance

Pradhan Mantri Yojana ()

working-capital and term-loan support up to ₹10 lakh, split into Shishu, Kishore and Tarun stages, with 20% margin above ₹50,000 and guarantee cover.

Loan amount and stagesUp to ₹10 lakh: Shishu up to ₹50,000; Kishore ₹50,001–₹5 lakh; Tarun ₹5,00,001–₹10 lakh PricingCompetitive pricing linked to EBLR Customer typeNon-corporate, non-farm micro and small business enterprises in manufacturing, trading, services and allied agricultural activities

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✓ Manually checked 2 Sept 2026 · active

Offered byState Bank of India

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

PurposeBusiness purpose, capacity expansion and modernization for manufacturing, trading, services and allied agricultural activitiesEffective 3 Dec 2025View source

Nature of facility: working capital and term loan. Purpose: business purpose, capacity expansion, modernization. Target group: business enterprises in manufacturing, trading and services including allied agricultural activities.

Source: — official product page
Page / section: Nature of Facility / Purpose / Target Group
Accessed: 2 Sept 2026
Confidence: high

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FacilitiesWorking capital and term loanEffective 3 Dec 2025View source

Nature of Facility: Working Capital and Term Loan.

Source: — official product page
Page / section: Nature of Facility
Accessed: 2 Sept 2026
Confidence: high

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Loan amount and stagesUp to ₹10 lakh: Shishu up to ₹50,000; Kishore ₹50,001–₹5 lakh; Tarun ₹5,00,001–₹10 lakhEffective 3 Dec 2025View source

Maximum loan amount up to Rs 10 lacs; up to Rs 50,000 Shishu; Rs 50,001 to Rs 500,000 Kishore; Rs 500,001 to Rs 10,00,000 Tarun.

Source: — official product page
Page / section: Quantum of loan (Min/Max)
Accessed: 2 Sept 2026
Confidence: high

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Borrower marginNil up to ₹50,000; 20% from ₹50,001 to ₹10 lakhEffective 3 Dec 2025View source

Upto Rs. 50,000: Nil. Rs. 50,001 to Rs. 10 lacs: 20%.

Source: — official product page
Page / section: Margin
Accessed: 2 Sept 2026
Confidence: high

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PricingCompetitive pricing linked to EBLREffective 3 Dec 2025View source

Pricing: Competitive Pricing Linked to .

Source: — official product page
Page / section: Pricing
Accessed: 2 Sept 2026
Confidence: high

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Repayment periodTerm loan/dropline OD below ₹5 lakh: maximum 5 years including up to 6-month moratorium; ₹5 lakh–₹10 lakh: maximum 7 years including up to 12-month moratoriumEffective 3 Dec 2025View source

TL/Dropline below Rs. 5 lakh: max 5 years including moratorium up to 6 months; from Rs. 5 lakh to Rs. 10 lakh: max 7 years including moratorium up to 12 months.

Source: — official product page
Page / section: Repayment Period
Accessed: 2 Sept 2026
Confidence: high

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Processing / upfront feeNil for Shishu and Kishore to MSE units; Tarun 0.50% of loan amount plus applicable taxEffective 3 Dec 2025View source

Nil for Shishu and Kishore to Units; Tarun 0.50% plus applicable tax of loan amount.

Source: — official product page
Page / section: Processing Fee / Upfront Fee
Accessed: 2 Sept 2026
Confidence: high

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GuaranteeLoans are guaranteed under Credit Guarantee for Micro Units (CGFMU), provided through National Credit Guarantee Trustee Company (NCGTC); guarantee cover is stated for five yearsEffective 3 Dec 2025View source

Loans are guaranteed by through ; guarantee cover is available for five years.

Source: — official product page
Page / section: Other Conditions
Accessed: 2 Sept 2026
Confidence: high

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EligibilityExisting and new units in non-corporate, non-farm manufacturing, trading, services and allied agricultural activitiesEffective 3 Dec 2025View source

Eligibility Criteria: Existing & New units. Target group covers non-corporate, non-farm business enterprises.

Source: — official product page
Page / section: Target Group / Eligibility Criteria
Accessed: 2 Sept 2026
Confidence: high

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Other conditions and benefitSBI branches issue a MUDRA RuPay card for eligible cash-credit accounts; leads are available through Udyami Mitra portalEffective 3 Dec 2025View source

All Branches to issue RuPay Card for eligible CC accounts; leads available in Udyami Mitra Portal.

Source: — official product page
Page / section: Other Conditions
Accessed: 2 Sept 2026
Confidence: high

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Turnover / vintageNot published as a numeric turnover or business-vintage threshold on the complete PMMY page; SBI instead publishes existing/new-unit status, non-corporate non-farm scope and eligible activities.Effective 3 Dec 2025View source

The complete page publishes the eligible unit types and sectors but no turnover or minimum business-vintage threshold.

Source: — official product page
Page / section: Complete page review — Target Group / Eligibility Criteria
Accessed: 2 Sept 2026
Confidence: high

Open official source ↗

CollateralNot published as a separate collateral-security requirement on the complete PMMY page; the page publishes CGFMU guarantee cover through NCGTC instead.Effective 3 Dec 2025View source

The page describes margin and guarantee cover but does not state a separate collateral or security requirement.

Source: — official product page
Page / section: Complete page review — Margin / Other Conditions
Accessed: 2 Sept 2026
Confidence: high

Open official source ↗

Required documentsNot published as a separate document checklist on the complete PMMY page; the page directs applicants/leads through SBI branches and the Udyami Mitra portal.Effective 3 Dec 2025View source

The page publishes the RuPay-card and Udyami Mitra lead route but no separate list of documents to submit.

Source: — official product page
Page / section: Complete page review — Other Conditions / Application route
Accessed: 2 Sept 2026
Confidence: high

Open official source ↗

Geographic limitsIndiaView source

The manually reviewed product record states: “India”.

Source: Pradhan Mantri Yojana () — official product page
Page / section: Published product metadata
Accessed: 2 Sept 2026
Confidence: high

Open official source ↗

Customer typeNon-corporate, non-farm micro and small business enterprises in manufacturing, trading, services and allied agricultural activitiesView source

The manually reviewed product record states: “Non-corporate, non-farm micro and small business enterprises in manufacturing, trading, services and allied agricultural activities”.

Source: Pradhan Mantri Yojana () — official product page
Page / section: Published product metadata
Accessed: 2 Sept 2026
Confidence: high

Open official source ↗

Benefits and features

Working-capital and term-loan facility
Shishu up to ₹50,000; Kishore ₹50,001–₹5 lakh; Tarun ₹5,00,001–₹10 lakh
Up to 5 years or 7 years repayment depending on amount, including stated moratorium
guarantee cover and RuPay card issuance for eligible cash-credit accounts

Eligibility

Existing and new units are eligible. Business must be non-corporate and non-farm; eligible sectors include manufacturing, trading, services and allied agricultural activities.

Passing a listed condition does not mean the bank will approve an application.

Related official documents

PMMY — official SBI product pageofficial-product-page · current · accessed 2 Sept 2026

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Loan repayment estimate

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Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees

Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees

Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Item

Facility · Published termWorking capital and term loan

This value is copied from — published terms. Check the table notes before relying on it.

Source: — official product page · Nature, Features, Eligibility and Other Conditions Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 10 rows · 2 columnsPMMY — published termsTerms published on SBI's official PMMY page.View tableHide table

Scroll sideways to view every column

PMMY — published terms
Item	Published term
Facility	Working capital and term loan
Purpose	Business, capacity expansion and modernization
Target group	Non-corporate, non-farm manufacturing, trading, services and allied agriculture
Stages	Shishu up to ₹50,000; Kishore ₹50,001–₹5 lakh; Tarun ₹5,00,001–₹10 lakh
Margin	Nil up to ₹50,000; 20% above ₹50,000 to ₹10 lakh
Pricing	Competitive -linked
Repayment	Up to 5 years (<₹5 lakh) or 7 years (₹5–₹10 lakh), with stated moratorium
Fee	Nil Shishu/Kishore; Tarun 0.50% + applicable tax
Guarantee	through ; five-year cover
Eligibility	Existing and new units

Last updated on the page: 3 December 2025.

— official product page · Nature, Features, Eligibility and Other Conditions · accessed 2 Sept 2026Open official source ↗

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