An approval letter claiming to grant a loan of Rs 1,00,000 under the PM Mudra Yojana on payment of Rs 1,750 as loan agreement charges are going viral on social media. However, it must be noted that the viral letter going viral on the internet is fake. According to a fact check conducted by PIB, the latter is fake. PIB also said that the Ministry of Finance has not issued this letter. It also shared a link to read frequently asked questions about the Mudra loan scheme. Pradhan Mantri MUDRA Yojana: 38.58 Crore Loans Extended Since Inception of PMMY.

This Letter Is Fake

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