Are senior citizens eligible for mudra loan?

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113 Points Posted on 22 May 2024
I m a retired person wanting to start tourist tax business and need funding.

Am I eligible for mudra loan as per government scheme?
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On 22 May 2024 at 10:13 Report
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Yes, senior citizens are eligible for the Pradhan Mantri Mudra Yojana (PMMY) loan. While age is not a barrier, your capability, education, and relevant experience in the business you wish to start are the primary eligibility criteria. Demonstrating strong credentials will be important for securing funding.

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SEO Sai Gr. Hosp.
212542 Points Posted on 22 May 2024

Being Senior citizen is not restriction to get PMMY, but your capability, education, experience in the field etc. would be eligibility criteria.

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On 22 May 2024 at 12:38
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Profession
28271 Points Posted on 23 May 2024
Credentials are important.
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On 23 May 2024 at 08:23

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