Mukhya Mantri Yuva Udyami Yojana

Financial assistance:

Margin money assistance

15% of the capital cost of the project for the general category. (Maximum ₹ 12,00,000.)

20% of the capital cost of the project for BPL (Maximum ₹ 18,00,000)

Interest subsidy

At the rate of 5% per annum on the capital cost of the project and at the rate of 6% per annum for women entrepreneurs, for a maximum of 7 years. (Maximum Rs 5,00,000 lakh per year)

The guarantee fee will be paid at the current rate for up to 7 years.

The applicant should be a permanent resident of Madhya Pradesh.

The applicant should have passed Class 10th.

The applicant’s age should be between 18 to 40 years.

The benefit of this scheme can be availed only once.

Online

Offline

Step 1: Visit the official website using the provided link

Step 2: The homepage will appear, and you need to click on the application link for the Mukhya Mantri Yuva Udyami Yojana

Step 3: Various departments associated with the scheme will be displayed. Choose the department that interests you

Step 4: Choose the option for registration or sign-up if you are a new application. Click the submit button after entering your name, mobile number, password, and captcha code

Step 5: After submitting, you will be registered on the portal

Step 6: Now, you can log in to the portal and apply for the scheme.

Detailed Project Report

Madhya Pradesh Native Certificate

Certificate of Educational Qualification

date of birth certificate

If the land/building is on rent then the rent name

Quotations of current rates for machinery/equipment/ equipment