Parliament Question: Credit Card for Micro Enterprises

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES LOK SABHA UNSTARRED QUESTION NO. 2305 ANSWERED ON MONDAY, 3rd AUGUST, 2026/ 12 SHRAVANA, 1948 (SAKA) Credit Card for Micro Enterprises

2305. SHRI ESWARASAMY K:

Will the Minister of FINANCE be pleased to state:

(a) whether the Government has launched a customised Credit Card Scheme to provide up to Rupees five lakh in credit to Micro Enterprises registered on the Udyam portal, if so, the details thereof;

(b) the number of credit cards issued so far under this scheme since its inception, State-wise, along with the total amount of credit sanctioned and disbursed;

(c) whether the target of issuing ten lakh credit cards in the first year has been achieved, if not, the reasons for shortfall; and

(d) the measures being taken to ensure inclusion of micro enterprises in rural and semi-urban areas under this scheme? ANSWER MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

(a) The Credit Cards for Micro Enterprises Scheme has been launched on 25th May 2026. The

key features of the scheme are:  Credit limit upto ₹5 lakh  Guarantee coverage under Credit Guarantee Fund Trust for Micro and Small Enterprises

(CGTMSE)  No collateral requirement  Joining Fee will be waived for initial 10 lakh customers up to a maximum of ₹500 per RuPay card issued under the scheme.

(b) and (c) The scheme has been launched recently. As on 20th July 2026, 12,398 credit cards have been issued under the scheme, with total sanctioned amount of ₹136.91 Crores, and State- wise details are placed as Annexure.

(d) All Udyam registered micro enterprises in the country, including those in rural and semi- urban areas, are eligible under the scheme. ******Annexure Annexure as referred to in part (b) and (c) of the reply to the Lok Sabha Unstarred Question No. 2305 dated 03.08.2026 State-wise details of credit cards issued under the Scheme, as on July 20, 2026 S. Number of Sanctioned credit States/ Union Territories No. Cards Issued limit (₹ lakh) 1 Andaman and Nicobar Islands 2 0.81 2 Andhra Pradesh 658 873.32 3 Arunachal Pradesh 6 8.91 4 Assam 244 285.06 5 Bihar 733 921.67 6 Chandigarh 63 75.24 7 Chhattisgarh 84 73.15 8 Dadra and Nagar Haveli and Daman and Diu 6 12.70 9 Delhi 276 354.76 10 Goa 57 66.58 11 Gujarat 496 587.27 12 Haryana 501 479.70 13 Himachal Pradesh 140 119.59 14 Jammu and Kashmir 72 66.77 15 Jharkhand 541 346.51 16 Karnataka 515 825.82 17 Kerala 256 311.68 18 Ladakh 1 1.35 19 Madhya Pradesh 551 511.43 20 Maharashtra 1,259 1,482.22 21 Manipur 8 11.10 22 Meghalaya 6 16.28 23 Mizoram 6 6.14 24 Nagaland 8 16.05 25 Odisha 441 440.08 26 Puducherry 20 21.38 27 Punjab 822 877.73 28 Rajasthan 565 509.40 29 Sikkim 6 4.60 30 Tamil Nadu 1,121 1,399.77 31 Telangana 275 416.69 32 Tripura 31 24.69 33 Uttar Pradesh 1,678 1,661.42 34 Uttarakhand 242 205.61 35 West Bengal 708 675.55 Total 12,398 13,691.05

Source: PSB Alliance