Under the Pradhan Mantri Mudra Yojana (PMMY), small manufacturers can access loans in three categories based on their business requirements. The maximum loan amount for Shishu loans is up to ₹50,000, designed for new businesses. Kishore loans are available from ₹50,001 to ₹5 lakh for expanding businesses, while Tarun loans offer funding between ₹5 lakh and ₹10 lakh for more established businesses. For those with a good repayment record, there is an option to secure Tarun Plus loans, which can go up to ₹20 lakh. Thus, the maximum loan under Mudra Yojana can be as high as ₹20 lakh, depending on the borrower’s eligibility and past loan repayment history.