The main motive behind this study to find out the major impact of Mudra Loan on Micro, Small& Medium Enterprises (MSME). The major traffic jam to the growth of entrepreneurs in theNon-Corporate Small scale industries is the lack of financial support to this sector. Majority ofthis sector does not have access to formal source of funding. In a Developing country having large population like India, small business units play a significant role not only in contributing to nation income but also by providing employment to a large number of people. After identifying the significance of self-employment people and small business units, government of India launched MUDRA Yojana to deal with the financial and other constraints. India who currently face difficulty to access credit from the regular banking system. Mudra Bank will associate with local coordinators and provide finance to “LastMile Financers” of small/micro businesses.