The PradhanMantri Mudra Yojana or PMMY is a flagship scheme of the Government to provide affordable credit to micro and small enterprises. Mudra Loans are framed to let startups or businesses bring into a formal financial mechanism. Loans under this scheme are available to startups involved in manufacturing, trading or service sector. Startups or businesses involved in Agri tech business can also apply for Mudra loans.
The main benefits of Mudra Loan is as under:
Business that falling under the following categories comprise MUDRA loan eligibility.
Prime Minister Mudra Yojana (PMMY) scheme launch the Mudra Loan on 08th April 2015 to extend the affordable loans.
Micro Units Development and Refinance Agency is the full form of MUDRA.
Sishu, Kishore and Tarun are the main three types of Mudra Loan.
The normal term of repayment is 12 to 60 months.
The Key purpose is granting business loans, finance of equipments and loans to transport sector.
Startupfino is working with Startups since last 10 years with an unparalleled experience of helping fast growing startups. Our Success can be witnessed through the numbers given below.
Startupfino is managing my accounts and its such a relaxed and smooth journey so far , I dont have to worry about timely execution of the work . They manage my invoicing, finances and compliances in a efficient way. I wish karan and team all the very best for the future of this startup .
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I have been working with Startupfino on a couple of our portfolio companies. I have found this team highly responsive and they truly understand issues faced by startups. I would highly recommend them to startups for their accounting and compliance needs.
I have been working with Karan and team with a long time now. Karan’s thought of clarity is remarkable. He is very easily able to distill the problem and provide a solution which suits everyone needs. Would highly recommend others to explore services provided by Karan and his team at Startupfino.
Team FINO has been there with us since we began our journey 5 years back..the reason for our long lasting relationship was the trust that the Fino team members reciprocated. Compliance of both our USA and India entity are handled by them. I’d highly recommend StartUpfino to early stage startups”
Startupfino team are one of the most friendly people to work. They have a deep understanding of the business and help us with all our financial work without any hassles. Add to that a fast turnaround time for any task- they are one of the best start up accounting firms in the market!
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The very foundation of a Startupfino is laid down by the founding member of it. Mr. Karan is a great person and getting to know that he is floating his own startup got me really excited. I really love the services offered by StartupFino and now getting these services through a more efficient and controlled platform is going to be truly amazing.
Startupfino team has an unparalleled experience in helping fast growing startups right from their inception to later stage rounds. Startupfino helped Leegality for all the financial and legal matters. Highly recommended and all the best!
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We have been working Karan and Startupfino team for almost 5 years now. In any startup legal and financial work takes huge time and the way Karan takes the ownership of the work, as a founder you are able to save lot of time and be tension free. Highly recommended.
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