Pradhan Mantri MUDRA Yojana This programme was launched to give access to cheap credit to poor and small business persons with the objective to provide self-employment. It is a scheme to extend collateral free loans by Banks, NBFCs and MFIs to Small/Micro business enterprises and individuals in the non-agricultural sector to enable their business activities and to generate self employment. For implementing the Scheme institution name :- Micro Units Development & Refinance Agency Ltd (MUDRA). This scheme credit needs below Rs. 10 lakhs . Loans given under three categories 1. Shishu :- < Rs.50,000; 2. Kishor :- Rs. 50,000 to Rs.5 lakhs; 3. Tarun :- Rs.5 lakhs to Rs.10 lakhs.