Bharat Express DD Free Dish

PMMY

PIB Fact Check exposed a fake PM Mudra loan letter promising Rs 10 lakh and seeking a Rs 6,550 processing fee from applicants.

Received a PM Mudra loan letter? PIB says a fake approval letter promising a ₹5 lakh loan is circulating and warns people not to pay any processing fee.

Since its launch, the Pradhan Mantri MUDRA Yojana (PMMY) has sanctioned 53.85 crore loans worth over ₹35.13 lakh crore. Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha of this development on Monday.