The Hon. Prime Minister introduced the MUDRA Yojana (PMMY) programme, which aims to offer loans of up to 10 lakh rupees to non-corporate, non-farm small and micro enterprises. According to PMMY, these loans are categorised as MUDRA loans. Commercial banks, RRBs, small finance banks, MFIs, and NBFCs offer these loans. The borrower may contact any of the lending organisations or submit an online application at www.udyamimitra.in. Three products, “Shishu,” “Kishore,” and “Tarun,” were developed by MUDRA under the auspices of PMMY to denote the degree of development and funding requirements of the recipient micro unit or entrepreneur and to serve as a benchmark for the subsequent stage of graduation or growth.