Skip to content

Short Update

Viral PM Loan Scheme Claim Exposed as Fake

Central Government
Viral PM Loan Scheme Claim Exposed as Fake

Social media is full of claims that you can get a ₹3 lakh loan with just an Aadhaar card under a PM Loan Scheme. This is not true. No such government scheme exists.

Government does run the PM Mudra Scheme, but it is for small business owners, not personal loans. Under this scheme, business owners can get up to ₹20 lakh. You do not need to provide collateral for loans up to ₹10 lakh.

Verified information

PIB Fact Check has labeled these viral claims as fake. They warn people not to trust these misleading offers. Always check details on the official website myscheme.gov.in before you act on viral messages. Stay alert and do not believe unverified claims on WhatsApp or X.

Latest Shorts in Central Government