PMMY stands for Pradhan Mantri MUDRA Yojana, a government-backed loan scheme launched in 2015 to support Micro and Small Enterprises (MSEs). Under this scheme, non-corporate, non-farm small businesses can get loans up to ₹10 lakh without any collateral. These loans are also called MUDRA loans (Micro Units Development and Refinance Agency).
PMAY Loan refers to the home loan benefits provided under the Pradhan Mantri Awas Yojana (PMAY) a flagship housing scheme launched by the Government of India in 2015. It aims to provide affordable housing for all by offering interest subsidies on home loans to eligible beneficiaries.
The Start Up India Loan refers to funding support provided under the Startup India initiative, a flagship program launched by the Government of India in 2016 to promote innovation, entrepreneurship, and economic growth by helping startups access affordable credit, mentorship, and regulatory support. While “Start Up India Loan” isn’t a single specific loan product, it generally includes various government-backed loan schemes and credit facilities available to registered startups through the Startup India platform and schemes like Stand-Up India, MUDRA, and SIDBI’s Fund of Funds.