MP Mukhyamantri Yuva Udyami Yojana 2025 helps people in Madhya Pradesh create new jobs by supporting young entrepreneurs. This scheme offers financial help to those who want to start their own businesses. If you want to know about the Mukhyamantri Yuva Udyami Yojana 2025, this article will cover everything you need, including benefits, eligibility, features, documents needed, and how to apply online.
Overview of MP Mukhyamantri Yuva Udyami Yojana 2025
The Madhya Pradesh Government started Mukhyamantri Yuva Udyami Yojana on August 1, 2014, to support residents who want to start their own businesses. Under this scheme, banks provide loans to young entrepreneurs for their ventures. People from all communities can benefit from this scheme. It offers margin money support, interest subsidy, loan guarantee, and training to help you become independent and reduce unemployment in the state.
- Loans range from ₹10 lakh to ₹2 crore for eligible candidates.
- The minimum education qualification is class 10.
- Loan tenure is seven years.
- The scheme was updated on November 16, 2017, to improve support.
- Women entrepreneurs get a lower interest rate of 5%, while men are offered 6%.
How the Scheme Works
The scheme is managed by the Micro, Small and Medium Enterprises (MSME) department and runs at the district level through district trade and industry centers. You must be between 18 and 40 years old and a permanent resident of Madhya Pradesh to apply.
Main Details of MP Mukhyamantri Yuva Udyami Yojana 2025
| Scheme Name | MP Mukhyamantri Yuva Udyami Yojana |
| Launched By | Madhya Pradesh Government |
| Beneficiaries | Residents of Madhya Pradesh |
| Purpose | Provide loans to start businesses |
| Official Website | msme.mponline.gov.in |
| Loan Amount | ₹10 lakh to ₹2 crore |
| Loan Period | 7 years |
| Interest Rate | 5% for women, 6% for men |
Financial Support Under the Scheme
| Category | Margin Money Support | Interest Rate |
|---|---|---|
| General | 15% up to ₹12 lakh | 5% for women, 6% for men |
| BPL (Below Poverty Line) | 20% up to ₹18 lakh | 5% for women, 6% for men |
Purpose of MP Mukhyamantri Yuva Udyami Yojana 2025
The main goal is to give loans to unemployed youth so they can start their own businesses. This will help reduce unemployment and improve Madhya Pradesh’s economy by supporting young entrepreneurs.
Benefits and Features
- Loan support from ₹10 lakh to ₹2 crore.
- Interest subsidies for both general and BPL categories.
- Training and loan guarantee provided by the government.
- Available to all communities in Madhya Pradesh.
- 7-year loan repayment period.
- Minimum education qualification of class 10.
- Women get lower interest rates.
- Managed by MSME department for easy access.
Eligibility Criteria
- You must be a permanent resident of Madhya Pradesh.
- Age should be between 18 and 40 years.
- Minimum education qualification is class 10.
- Your family should not be income tax payers.
- You should not be a defaulter on any bank loan.
- You cannot benefit from another self-employment scheme at the same time.
- You can only apply for the loan once.
Important Documents Needed
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof
- Passport size photo
- Mobile number
- Class 10 mark sheet
How to Apply Online?
- Go to the official website of the scheme.
- Click on the ‘Apply’ link under Mukhyamantri Yuva Udyami Yojana.
- Choose your department based on your business.
- Fill in the signup form with your details like name, email, and mobile number.
- Click ‘Sign Up Now’ to register.
Logging Into the Scheme Portal
- Visit the official website.
- Click on the Mukhyamantri Yuva Udyami Yojana ‘Apply’ link.
- Select your department and scheme.
- Enter your registered mobile number, password, and captcha.
- Click submit to login.
How to Track Your Application Status?
- Go to the official website.
- Click on ‘Apply’ under Mukhyamantri Yuva Udyami Yojana.
- Select your department.
- Enter your application number in the ‘Track Application’ area.
- Click ‘Go’ to see your application status.
How to Search IFSC Code?
- Open the official scheme website.
- Click on the ‘Apply’ link for Mukhyamantri Yuva Udyami Yojana.
- Pick your department.
- Enter your IFSC code in the search box.
- Click ‘Search’ to get the IFSC details.
Contact Details
If you need help or have questions about the scheme, contact the support team using these details:
- Helpline Number: 07556720200 / 07556720203
- Email: support.msme@mponline.com
We hope this guide gives you all the information you need about applying under MP Mukhyamantri Yuva Udyami Yojana 2025. Take the first step today to start your own business and become independent.