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MUDRA loans are offered to both existing businesses as well as new businesses. So, if you’re a recent college graduate interested in starting your own business, you can apply for a MUDRA loan to help your business get started on its feet. If you’re a woman graduate, then you can avail a discount on the interest rates by 0.25% under the Mahila Uddyami Scheme.

MUDRA loans are available in three categories - Shishu, Kishor and Tarun. Depending on the nature of your business or entrepreneurial venture, you can apply for MUDRA loans under any of these three categories.

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