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Ministry of Finance Launches PM Mudra Plus Scheme.

Government Schemes | Dated: 26 Mar 2026

To specifically bolster women entrepreneurship, the Ministry of Finance launched the PM Mudra Plus scheme. This advanced extension of the original Mudra Yojana provides collateral-free business loans up to Rs 20 lakh exclusively to women-led micro enterprises.

🎯 Key Highlights:

  • The scheme guarantees loan processing within a fast-tracked 72-hour window.
  • It includes a built-in interest subvention of 3 percent from the government.
  • Public sector banks are mandated to establish dedicated Mudra Plus desks.

💡 Other Important Facts:

  • Scheme: PM Mudra Plus.
  • Target: Women Entrepreneurs.
  • Loan Limit: Rs 20 Lakh.

📚 Test Your Knowledge:

Which scheme was recently launched by the Finance Ministry to provide collateral-free loans up to Rs 20 lakh exclusively to women-led micro enterprises?

Correct Answer: PM Mudra Plus

🚀 Quick Recap:

About PM MUDRA Yojana

  • Launch Year - 2015
  • Categories - Shishu, Kishore, Tarun