Mukhyamantri Aarthik Kalyan Yojana

The maximum cost of the project under this scheme will be ₹50000/-.

Under this scheme, the margin money assistance at 50% of the project cost (maximum ₹15,000/-) will be payable by the government to the beneficiary.

The minimum period of the initial moratorium will be 6 months and after the initial moratorium, the loan repayment will be in 5 years.

The applicant should be a native of Madhya Pradesh.

The applicant should be a member of the Scheduled Caste category.

The age of the applicant should be between 18 to 55 years as of the date of application.

The applicant should not be a defaulter/insolvent defaulter of any nationalized bank/financial institution/cooperative bank.

If a person is receiving assistance under any government entrepreneur/self-employment scheme, he will not be eligible under this scheme.

The applicant will be eligible for assistance under this scheme only once.

Note 01: The working area of ​​the scheme will be the entire Madhya Pradesh (that is, the benefit of the scheme will be given only to those enterprises which are established within the Madhya Pradesh limits).

Note 02: The scheme will be for the industry/service business sector.

Online

Sign-Up Process:

Step 01: To apply under the Scheme, the applicant should visit the Official Website.

Step 02: On the home page, the applicant will have the option to Apply for the Mukhyamantri Aarthik Kalyan Yojana, click on it.

Step 03: After clicking on apply, a list of departments related to the scheme appears.

Step 04: Select the concerned department’s scheme and click on it.

Step 05: A new page will open and click on the “sign up” option. Further, fill in all the mandatory details and click on the option of “Sign up now”.

Login Process:

Step 01: The applicant needs to visit the Official Website. On the home page, the applicant has to click on the “Mukhyamantri Aarthik Kalyan Yojana”.

Step 02: Now, the applicant may select the department scheme under which he/she wants to apply.

Step 03: After this, a new login page will open and the applicant may login by using their credentials. Further, click on the submit option.

Step 04: Now, fill out the application form completely and submit the form after full verification.

Voter ID / Driving License / Aadhaar Certificate (anyone)

Ration Card

Permanent Residence Certificate

Date of birth certificate

Disability certificate issued by the competent authority (if applicable)

SC certificate issued by the competent authority

Bank account details