What is the maximum loan given under PM Mudra yojna ?

Pradhan Mantri Mudra Yojana (PMMY) was launched in 2015, to enable income generating small business enterprises to have access to loans. Accordingly, lending institutions would finance micro entrepreneurs up to ₹ 10 lakh. PMMY is a national mission aimed at increasing the entrepreneurial activity of existing small business and encouraging first generation entrepreneurs. Micro Units Development and Refinance Agency Limited (MUDRA), is a refinance institution set up by the government for development of micro units by extending funding support to MSMEs.