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PIB Fact Check
@PIB_FactCheck
20.03.2026 12:01
A loan approval letter claims to grant a loan of ₹3,00,000 under Pradhan Mantri Mudra Yojana (PMMY) upon payment of ₹7,699 as Insurance Charge Refund

#PIBFactCheck

❌ This letter is #Fake

✅ MUDRA is a refinancing Institution. MUDRA does not lend directly to the micro entrepreneurs/individuals.

✅ Mudra loans under Pradhan Mantri Mudra Yojana (PMMY) can be availed from nearby branch office of a bank, RBI registered NBFCs & MFIs etc

To know more, visit: http://mudra.org.in/FAQ
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