MUDRA LOAN

Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme by the Government of India that provides microloans of up to Rs. 10 lakhs to support small enterprises in the non-farm sector. These loans are aimed at helping businesses involved in manufacturing, trading, or service sectors, including activities related to agriculture, such as poultry, dairy, and beekeeping.
The scheme is designed to assist millions of small proprietorships and partnership firms operating as small manufacturing units, service providers, shopkeepers, vendors, truck operators, food-service outlets, repair shops, artisans, food processors, and more.

How JCAF Helps

JCAF actively supports its members in accessing Mudra loans, providing guidance and assistance throughout the application process. Members can connect with our dedicated team to get help with documentation, understanding eligibility, and approaching the right lending institutions. If you need support in applying for a Mudra loan, reach out to any of the contacts listed below for personalized assistance.

Who Can Apply for Mudra Loans?

Loans under PMMY are available through eligible Member Lending Institutions (MLIs) such as:
  • Public and Private Sector Banks
  • Cooperative Banks
  • Regional Rural Banks
  • Micro Finance Institutions (MFIs)
  • Non-Banking Finance Companies (NBFCs)
  • Small Finance Banks (SFBs)
  • Other approved financial intermediaries

Interest Rates and Charges

Interest rates are set by the lending institutions based on RBI guidelines. Processing fees may apply depending on the lender’s policy. For loans under the 'Shishu' category (up to Rs. 50,000), most banks waive the processing fees.
Note: No agents or middlemen are authorized to offer MUDRA loans. Borrowers should avoid dealing with individuals posing as facilitators.

Loan Categories

The scheme is structured into three categories based on the stage of the business and funding requirements:
  • Shishu: Loans up to Rs. 50,000
  • Kishore: Loans between Rs. 50,000 and Rs. 5 lakhs
  • Tarun: Loans between Rs. 5 lakhs and Rs. 10 lakhs

Eligibility Criteria

Eligible borrowers include:
  • Individuals
  • Proprietorships
  • Partnership Firms
  • Private Limited Companies
  • Public Companies
  • Other legal entities

Additional Requirements:

  • Applicants must not have any defaults with banks or financial institutions.
  • Borrowers should have the necessary skills, experience, or knowledge for the proposed business activity.
  • Educational qualifications, if required, will depend on the type of business being undertaken.

Need Help?

For assistance with your Mudra loan application, please reach out to any of the following JCAF representatives for support:
Sr. No. Name Email Address Mobile No. Office Address
1 Bhuvan Singhi workingcapital.bhuvan@gmail.com 9920188722 310, Goyal Trade Centre, Shantivan, Borivali East, Mumbai 400066
2 GIRISH DERVRAJ MARU CAGIRISH@GIRISHDMARU.IN 9004049320 2, GREEN VIEW APT CHS, GREEN VILLA, GOVIND NAGAR, NEAR HIMALAYA SOCIETY, GHATKOPAR WEST, MUMBAI-400084
3 JITESH JAIN jiteshsjain07@gmail.com 9821728721 Flat No 1402, Bhairav Darshan Co Op Hsg Soc, Dr Murlidhar Samant Marg, Near Prabhadevi Railway Station, Mumbai 400013
4 Manoj Surajmal Bokadia manojbokadia@rocketmail.com 9820098650 801, Parekh Market, Opera House, Mumbai 400004
5 Mosam Shah camosam.msa@gmail.com 9769281499 F33,1st Floor,Xth Central Mall,Next to D Mart,Mahavir Nagar, Kandivali West,Mumbai-400067
6 Nishant Saruparia ask.nishantsaruparia@gmail.com 9870539185 121, Arenja Arcade, Sctor-17, Vashi, Navi Mumbai - 400703
7 RAJESH NAVINCHANDRA SHAH rajeshshah7736@gmail.com 9322510096 Flat 53, Varsha, Mathuradas Road, Kandivali West, Mumbai 400067
8 SANGEETA PAREKH sngt_parekh@yahoo.com 9967370256 505 goyal trade centre shantivan borivali east mumbai 400066
9 SOHIL SHAH sohilshah07@gmail.com 9920378708 10, Krishna Kunj, Maharashtra Lane, Off Chandavarkar Road, Opp. Bandhan Bank, Borivali-W, Mumbai- 92
10 VAIBHAV CHOUDHARI cavaibhav79@gmail.com 9022982069 Office#134, Lodha I Think Tower B, Near Xperia Mall, Kalyan Shil Road, Dombivali East, Thane - 421 204
11 JAY JITENDRA SHETH shethjay2002@gmail.com 9998171300 J. J. Sheth & Co.Chartered Accountants, 402, ABC 1, Nr. St. Xaviers College Corner, Navrangpura, Ahmedabad - 380009
12 MANISH KUMAR DAGA manishdagaandassociates@gmail.com 9723351379 F-139, CITY CENTER, IDGAH CIRCLE,ASARWA, AHMEDABAD -380016
13 PRATEEK AANCHALIA aanchaliaprateek@gmail.com 9173585174 502, F-1 Block, Karnavati Appt-2, Near Shri Ram Residency, Narol Lambha Highway Road, Narol, Ahmedabad - 382405
14 Ankit Vimal Savla info@bbmconsultancy.com, ankit.savla@msn.com 9427236733 Shed No B31 Part A Shanker Tekri Udyognagar, Hirji Mistry Road, Above ICICI Bank, Jamnagar - 361004
15 Veena Desai veenadesais@gmail.com 7793077660 1697, Desai Mansion, Uncha Kuwa, Haldiyon ka Rasta, Johari Bazar, Jaipur Rajasthan 302003
16 MUKESH KUMAR CHORARIA camukesh@mdchoraria.com 8530004420 1st Floor, Choraria Market, Lakhara Chowk, Nokha - 334803
17 VIKAS MEHTA vmehta_in@yahoo.com 9309367070 H-1, NEAR AMBEDKAR PARK, PRATAP NAGAR, JODHPUR(RAJ.)-342001
18 Ankit Shrimal ankitshrimal383@gmail.com 8962362606 C-57, Janta Colon, Near Radha Krishna Mandir, Mandsaur (M.P.)-458001
19 Harsh Jain caharshjain@yahoo.com 8871997247 LG-3 Shalimar Plaza 225 RNT Marg Indore MP - 452001
20 Yash Jain cayashjain@ymail.com 8871997267 LG_3, Shalimar Plaza, 225, RNT Marg, Indore M.P. 452001
21 YASH WARDHAN JAIN cayashwardhanjain@gmail.com 8989670895 840, Vikas Nagar, 14/2 Ext, Neemuch MP-458441
22 Aditya Abhay Bothara adityabothara@gmail.com 9850126708 Office No. 219, third floor, lotus court building, Pune-Satara Road, Pune, Maharashtra. 411009
23 Dinesh Jain dinucallbloans4u@gmail.com 09422342549/09326077136 390-B,Narayan Peth,2nd Floor ,bhanu apts,munja basa bole,nr badekar misal,pune-411030
24 Dipali Arun Shah cadipalishah10@gmail.com 9960644113 401, Suyog Residency, Salisbury Park, Market Yard, Pune 411037
25 Jayesh Naresh Jain jayesh@cabsaaj.com 9823791599 Jayesh N Jain & Associates, 1204/19, Anand Apartment, Opp Abhudaya Bank, Off J M Road, Pune, 411004
26 Nikhilesh Arvind Shah shah.nikhilesh@gmail.com 9325400499 Flat No. 4, 2nd Floor, Shanti Complex, Narpatgiri Chowk, 428B, Mangalwar Peth, Pune, 411011, Maharashtra
27 Pratik Subhash Chhajed pratikschhhajed@gmail.com 9923975407 155 Ganesh Peth Alok Kunj Society Pangul Aali Pune 411002
28 Santosh Hiralal Doshi finance.jcaf@gmail.com 8329462676 Office No. 407, Ackruti Chambers, Opp. Laxminarayan Cinema, Mukundnagar Corner, Swargate, Pune - 411 037
29 RAHUL MOOLCHAND JAIN carahuljain2011@gmail.com 9909033939 737-38, AJANTA SHOPPING CENTRE AND TEXTILE MARKET, RING ROAD, SURAT - 395002
30 MITUL SHAH camitulshah@hotmail.com 8866883041 Flat No. B – 202, Vedant Eminent, Plot No. 1 & 92, Urmi Society, Akota, Vadodara - 390020
31 SEJAL PARAS DHRUV sejaldhruv@gmail.com 9427443436 DALA PATEL POLE, NARSHIJI POLE,M G ROAD VADODARA GUJARAT 390001 - Vadodara
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