Mukhyamantri Udyami Yojana (Bihar Consolidated)
This profile has been independently compiled from official gazette notifications and verified web domains. Source Authority Link: udyami.bihar.gov.in Authority: Finance Department (Bihar) • State/Region: Bihar • Last Audited: 29 Jul 2026
Quick AI Summary
The Mukhyamantri Udyami Yojana (MUY) consolidates four sub‑schemes to provide a total financial assistance of Rs 10 Lakhs per eligible project, split equally between a non‑repayable grant and an interest‑free loan, for eligible youth, women, and SC/ST/OBC/EBC candidates in Bihar.
Detailed Summary
Scheme Overview
The MUY merges the Yuva, Mahila, SC/ST, and BC/EBC Udyami sub‑schemes under a unified financial framework. It targets the creation of micro‑ and small‑scale industrial units by offering a maximum outlay of Rs 10 Lakhs per project.
Financial Structure
Each approved venture receives Rs 5 Lakhs as a direct, non‑repayable grant and Rs 5 Lakhs as an interest‑free loan. The loan is to be repaid in 84 equal monthly installments. A nominal interest of 1 % per annum applies only to general‑category youth; all other categories receive a zero‑interest concession.
Target Beneficiaries
Applicants must be residents of Bihar, aged 18‑50 years, and possess at least a Class 12, ITI, or Polytechnic qualification. Preference is given to women and candidates belonging to SC, ST, OBC, or EBC categories.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
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Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| Minimum Age Limit | 18 Years or above |
| Maximum Age Limit | 50 Years or below |
| Caste Category | GENERAL, OBC, SC, ST, EBC |
| Domicile State | Bihar Domicile |
Application Process Guide
- Register on the Bihar Udyami Portal (https://udyami.bihar.gov.in/) during the announced batch window.
- Complete the online application, uploading scanned copies of educational certificates, domicile proof, caste certificate (if applicable), and a detailed project report.
- Submit the application and note the generated reference number.
- The Department of Industries will verify documents and may conduct an on‑site inspection.
- Upon approval, the grant amount is transferred directly to the applicant’s bank account, and the loan amount is disbursed after signing the loan agreement.
Common FAQs regarding this Yojana
A total of Rs 10 Lakhs per project, comprising Rs 5 Lakhs as a grant and Rs 5 Lakhs as an interest‑free loan.
Any Bihar resident aged 18‑50 years who has completed Class 12, ITI, or Polytechnic, and belongs to General, OBC, SC, ST, or EBC categories, including women entrepreneurs.
The loan of Rs 5 Lakhs is to be repaid in 84 equal monthly installments. General‑category youth pay a nominal interest of 1 % per annum; all other categories receive a zero‑interest concession.