PIB Fact Check
@PIB_FactCheck
An approval letter claims to grant a loan of ₹7,00,000/- under PM Mudra Yojana on payment of ₹860/- as agreement charges.
#PIBFactCheck
❌This letter is #Fake
✅ Refinancing Agency - MUDRA doesn't lend directly to micro-entrepreneurs/individuals.
✅ MUDRA refinances all Last Mile Financiers, including NBFCs, MFIs, societies, trusts, Section 8 companies, small finance banks, and regional rural banks that lend to micro and small business entities engaged in manufacturing, trading, services, and agri-allied activities.
To know more, visit: http://mudra.org.in/FAQ
#PIBFactCheck
❌This letter is #Fake
✅ Refinancing Agency - MUDRA doesn't lend directly to micro-entrepreneurs/individuals.
✅ MUDRA refinances all Last Mile Financiers, including NBFCs, MFIs, societies, trusts, Section 8 companies, small finance banks, and regional rural banks that lend to micro and small business entities engaged in manufacturing, trading, services, and agri-allied activities.
To know more, visit: http://mudra.org.in/FAQ
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