(Loans on Subsidy) Mukhyamantri Yuva Udyami Yojana MP 2021 Online Apply


Mukhyamantri Yuva Udyami Yojana MP 2021: Mukhyamantri Yuva Udyami Yojana Apply Online Subsidy, Mukhyamantri Yuva Udyami Yojana Form, Registration Form, Eligibility, Benefits and other details available at the official website msme.mponline.gov.in.

Mukhyamantri Yuva Udyami Yojana Online Apply

This scheme is mainly started to provided loans for those people who want to establish their business, MP State government inaugurated this scheme on 1st August. Through this scheme state government want to decrease the unemployment rate of the state. Unemployed people who are going to set up their own businesses can apply for a loan under this scheme. All the aspects regarding MP Mukhyamantri Yuva Udyami Yojana nad its application process we are sharing here in this article, Interested applicants can follow this page if they want to apply by using a stepwise method that we have mentioned below.

Mukhyamantri Yuva Udyami Yojana Eligibility 

  • Applicant must be a permanent resident of Madhya Pradesh state if he/she is going to apply under this scheme
  • Applicants age must be between 18 to 40 years 
  • Applicants must be passed class 10th if he/she is going to apply for a loan through this scheme
  • The applicant should be an income taxpayer 
  • The benefit of this scheme is taken only once by an applicant
  • The applier should not be a bank defaulter 

Mukhyamantri Yuva Udyami Yojana Benefits

  • The main benefit of the scheme is that any applicant from any category who have passed 10th class or lies between 18 to 40 year can apply for a business loan 
  • Under this scheme Margin Money Help, Interest, Bank guarantee, and training for the business is given by the state government
  •  The unemployment rate of the state will reduce by the implementation of this scheme
  • Under this scheme, the interest rate for women is 5% and the interest rate of men is 6% 
  • The loan amount can be 10 lakh to 2 crores provided by the bank through this scheme for business purposes
  • The Nodal agencies for this scheme are Nano, small and median departments

Required Documents 

Here we are sharing some important documents that are mandatory to upload during the loan application under this scheme

  • Aadhar card
  • Class 10th Marksheet 
  • Birth Certificate 
  • Residence Certificate
  • Bank Details 
  • PAN Card 
  • Income Certificate 
  • Passport size photographs
  • Contact Number

Mukhyamantri Yuva Udyami Yojana Application Process

Applicants who are eligible according to the above-mentioned eligibilities can apply under Mukhyamantri Yuva Udyami Yojana MP, The application process we are sharing here below

  • First of all, applicants have to open the official website msme.mponline.gov.in
  • From the home page of the official website click on the “Apply” option from the chief minister youth entrepreneur section
  • Now on a new page the department list will open on your computer screen
  • Choose your departments according to their need (There are three option)
  • Now fill your details in the signup section (Applicants name, email, mobile number, password etc)
  • Click on the sign up now button to complete the process

Mukhyamantri Yuva Udyami Yojana Login

  • First of all, applicants have to open the official website msme.mponline.gov.in
  • From the home page of the official website click on the “Apply” option from the chief minister youth entrepreneur section
  • Now on a new page the department list will open on your computer screen
  • Choose your departments according to their need (There are three option)
  • Now fill your details (Like Yojana, Mobile Number, Password)
  • And finally, click on the submit button

Check Application Status 

Applicants who have applied successfully and now want to check their application status can follow this process

  • First of all, applicants have to open the official website msme.mponline.gov.in
  • From the home page of the official website click on the “Apply” option from the chief minister youth entrepreneur section
  • Now on a new page, the department list will open on your computer screen
  • Choose your departments according to their need (There are three option)
  • Now enter your application number under the track application section
  • Finally, click on the “Go” button

Official Website

What is Mukhyamantri Yuva Udyami Yojana?

its a state operated beneficiary scheme under which loans are provided for youth for new business setups

Who launched Mukhyamantri Yuva Udyami Yojana?

Madhya Pradesh State Government

What is the main objective of Mukhyamantri Yuva Udyami Yojana?

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