Mon - Sat: 10:00AM - 4:00PM
2nd & 4th Sat-Sun Closed
Phone : 0389-2333024
Miss Call Alert-9289902970
www.mizoramruralbank.in

PRADHAN MANTRI MUDRA YOJNA(PMMY)

PURPOSE

    Lending to Micro enterprise in Manufacturing, Trading and service Sector

ELIGIBILITY

    Individual ,Proprietary concern,Partnership firm,Pvt ,Ltd company ,Public company and any other legal forms-Non Firm enterprises engaged in Manufacturing, Trading and Services

    The applicant should not be defaulter to any bank or financial institution

LOAN AMOUNT

    Shishu :up to ₹ 50,000/-

    Kishore :up to ₹ 50,001/- to ₹ 500,000/-

    Tarun :up to ₹ 5,00,001/- to ₹ 10,00,000/-

MARGIN

    Shishu - NIL

    Kishore & Tarun - Min 15% incase of TL and Min .25% incase of WC Finance

INTEREST RATE

    As prescribed by the Bank. interest will be applied on monthly compounding basis

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Mizoram.
Mizoram Rural Bank
Head Office : MINECO,Khatla
Aizawl - 796001
Mizoram
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Mizoram Rural Bank
Head Office : MINECO,Khatla
Aizawl - 796001
Mizoram
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