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Mukhyamantri Yuva Swarozgar Yojana (Uttar Pradesh)

Uttar Pradesh Finance Application Mode: ONLINE Active
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Verified Scheme Data Profile

This profile has been independently compiled from official gazette notifications and verified web domains. Source Authority Link: diupmsme.upsdc.gov.in Authority: Finance Department (Uttar Pradesh) • State/Region: Uttar Pradesh • Last Audited: 12 Sep 2026

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Financial assistance of up to Rs. 25 Lakhs (manufacturing) or Rs. 10 Lakhs (service) with a 25 % margin‑money subsidy for unemployed youth of Uttar Pradesh to establish micro‑enterprises.

Detailed Summary

Objective

The scheme, administered by the Department of MSME & Export Promotion, Uttar Pradesh, seeks to curb youth migration by fostering self‑employment in the manufacturing and service sectors.

Scope

Eligible beneficiaries may obtain a collateral‑free bank loan of up to Rs. 25 Lakhs for manufacturing projects or up to Rs. 10 Lakhs for service‑oriented projects. A margin‑money subsidy of 25 % of the loan amount, capped at Rs. 6.25 Lakhs, is provided to reduce the applicant’s equity contribution.

Implementation

Loans are disbursed through designated commercial banks under the supervision of the state MSME department. The scheme is time‑bound and subject to periodic review.

Key Benefits & Financial Assistance

Comparison Criteria Benefits
Key Benefits
  • Loan up to Rs. 25 Lakhs for manufacturing enterprises
  • Loan up to Rs. 10 Lakhs for service enterprises
  • 25 % margin‑money subsidy (maximum Rs. 6.25 Lakhs)
  • Collateral‑free bank financing
  • No pre‑existing loan requirement for the same enterprise

Eligibility Criteria Profile

Comparison Criteria Eligibility
Minimum Age Limit 18 Years or above
Physical Disability Not Restricted (Anyone can apply)
Domicile State All India (Central Scheme)

Application Process Guide

  1. Register on the Uttar Pradesh DIC portal (diupmsme.upsdc.gov.in).
  2. Complete the online application form and upload a detailed project report, identity proof, residence proof, and educational certificates.
  3. Submit the application for preliminary verification.
  4. Upon approval, the department forwards the file to the partner bank for loan sanction.
  5. Disbursement is made directly to the beneficiary’s bank account after execution of the loan agreement.

Common FAQs regarding this Yojana

Eligible permanent residents meeting the specified domicile, income, and category criteria can submit an application along with verified credentials.

Key mandatory documents include Aadhaar Card, Residence/Domicile Certificate, Income Certificate, and active Bank Account Passbook.

Benefits are directly credited to the beneficiary's Aadhaar-seeded bank account through the Public Financial Management System (PFMS) / DBT.

Applicants can track status in real-time by logging into the official portal using their Application Reference Number.