Mukhyamantri Yuva Swarozgar Yojana Application Form

Mukhyamantri Yuva Swarozgar Yojana is a finance scheme by the state Government of Madhya Pradesh to provide loans without bank guarantee to setup and grow micro and small enterprises. Under the scheme, the government provides loans from nationalized banks from Rs 20,000/- to Rs. 10,00,000/- to the eligible applicants and residents of Madhya Pradesh. Application
Updated: By: 285 Comments - Leave a Comment

Mukhyamantri Yuva Swarozgar Yojana is a finance scheme by the state Government of Madhya Pradesh to provide loans without bank guarantee to setup and grow micro and small enterprises. Under the scheme, the government provides loans from nationalized banks from Rs 20,000/- to Rs. 10,00,000/- to the eligible applicants and residents of Madhya Pradesh. Application forms for getting loans under Mukhyamantri Yuva Swarozgar Yojana can be downloaded from the official website or using the links below.

Mukhyamantri Yuva Swarozgar Yojana (MMYSY), started on 1st August 2014 is a financial assistance scheme help people get loans from banks to setup their own small business. The MP Government under the scheme provides margin money assistance, interest subsidy, loan guarantee and training to the beneficiaries. The main objective of the scheme is to promote entrepreneurship in the Madhya Pradesh without the need for collateral security.

Eligibility for Mukhyamantri Yuva Swarozgar Yojana

  • Only the permanent residents of MP are eligible to avail the scheme benefits.
  • The applicant should have passed at least 5th Class.
  • Age of the applicant should be between 18 to 45 years.
  • The applicant should not have been declared defaulter by any of the nationalized or private sector banks.
  • The applicant should not already be getting assistance under any state run schemes.
  • The scheme is available only to set up industry/service company/business.

Financial Assistance Under the Scheme

  • The project cost under the scheme should be between Rs. 20 thousand to 10 Lakh.
  • The government will grant interest at a rate of 5% of the cost of project (Max. 25K) per year till 7 years.
  • The guarantee fee will be paid at the current rate for up to 7 years.
  • State Government will provide 20% of the project cost as Margin Money or Maximum Rs. 10000 one shot basis for project cost up to Rs. 50000.

How to apply for Mukhyamantri Yuva Swarozgar Yojana

  1. The application forms are available for free in the related district office.
  2. The application forms will then be reviewed and sorted. Applicants with incomplete forms will be called to complete the missing details in the forms.
  3. The applicants are required to submit the general project report of proposed project along with the application form.
  4. Application forms will then be presented to the selection committee of respective department elected under the scheme.
  5. Non-Eligible applications will be rejected.
  6. Loans for the accepted applications will be disbursed within 15 days after the acceptance of the application.

After the loan disbursement, the applicants will be given training for the development of their industry/businesses by the government.

Mukhyamantri Yuva Swarozgar Yojana Application Form

Mukhyamantri Yuva Swarozgar Yojana Application Form
Mukhyamantri Yuva Swarozgar Yojana Application Form

The detailed guidelines of Mukhyamantri Yuva Swarozgar Yojana are available at http://www.dif.mp.gov.in/schemewiseTarAllo/MMYSYojana.pdf

285 thoughts on “Mukhyamantri Yuva Swarozgar Yojana Application Form”

  1. Dear,
    I am pawan kumar jayswal. Vill ujjaini post tingudi distt singrauli mp maine sal 2015 me 5 lack loan mmsy ke tahat loya tha jiska hume intrest me subsidy nhi mil pa rha hai pls help

    Reply
  2. Sir Maine 2013 Se Lone Ke Apply Kiya Hai Par Mujhe Aaj Tak Lone Nahi Mil Paa Raha Hai Office Jati Hu To Wo Bolte Hai Bank Jao Or Bank Jaati Hu To wo Bolte Hai Yaha Par Nahi aaya 4-5 Year Se Pareshan Hu Par Na To Lone Mil Raha Hai Or Na Hi Rojgar. Pls. sir mujhe lone ki Bahut Jarurat Hai.

    Reply
  3. Hello I’m Ramakant Vishwakarma please provide the loan 2 lac Rs my business Regarding please contact me
    9340426755

    Reply
  4. Hi,
    Namaskar sir,
    Mai sheel kumar patel vill. Latpahadi, Post. Bharatpur, Block Rithi, Dist. Katni(MP) se hun. Dear sir mujhe enta bhatta ke liye 1 lac loan ki jaroorat thi. Jiske liye me pichhle 6 month se paresan hun. Kripya mujhe uchit margdarshan den.
    Thanks.

    Reply
  5. sir hm bahut garib hai pls hame ghar de do mere papa ka name – Naresh kumar
    Adress; Lapwaha
    tehsil ; Lahar
    disst; Bhind
    Lahar m.p.
    mob. no. 9039532319

    Reply
  6. me bahut garib hoo muje ek ghar dila do pls papa ka name hai > Naresh
    kumar
    adress; Lapwaha
    Tehsil; Lahar
    disst. : Bhind
    Lahar m.p.

    Reply
  7. hiii sir mera name Shivam Patidar h or meri BE completed h civil engineer se me fresher hu mujhe job chahi Mobil no 7898941720

    Reply
  8. Hi, i want start dairy form.at my personal land.so can anybody help me n guide me how can i start.& need to swarojgar yojana loan.

    Regards,
    Rajendra Yadav
    Indore
    Mob-9165005354

    Reply
  9. sir your schme is very good but process is very dificult. so plesase to make easy and upload list for business Kripya meri madat kare

    Reply
  10. Jab ap kisi ke liye kuch nahi kar sakte to logo ko chutiya kiyu bante ho ap ke bank bale sidhi mu baat bhi nahi karte Un ko ye lagta hai ki ham loan wo apni jeb se de rhe ho darik mana kar date hai ki yha se nahi hota or ap kehte ho y lelo wo lelo Abe apni okat to banao deneki. ..

    Reply
  11. Sir maine higher secondary school sayogitajagaj indore m.p 2002 mai pass ki hai sir mai ek pvt company may WELLDER ke pade par posted hoo maira fabrication line mai 15 year ka experience hai sir mujhe bhi apna khud ka workshop dalna hai is liye mujhe lone ki jarurat hain please maira marg darsan kare. Mo.no.9993300410

    Reply
  12. sir your schme is very good but process is very dificult. so plesase to make easy and upload list for business . con no. 9827579384

    Reply

Leave a Comment

CLOSESHARE ON: