Mukhyamantri Yuva Swarozgar Yojana (MMYSY) in Madhya Pradesh

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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

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

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141 thoughts on “Mukhyamantri Yuva Swarozgar Yojana (MMYSY) in Madhya Pradesh”

  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. 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
  6. 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
  7. 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
  8. 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
  9. Sir

    Sir me electricals ka chota sa business kartahu me mere business ko or badana chahtahu
    Sir isliye muzhe 1000000 lak rupye ki jarurat h
    Contact no.9200593493

    Reply
  10. Sir me led light ka busness karta hu mera kam chhota he kyo ki mere pas pungi kam he mera kam indore me he or me isey aage badana chahta hu.me gst ke liye bhe documents complet kar raha hu sir please jaldi mujhe loan deney ki krapa kare.mujhey 200000 (2 lakh) ka loan chahiye

    Reply
  11. I applied loan through this scheme and My bank is Canara bank airport road..they verify my home and my computer center location..now after 3 month they said we cant give loan as we are not sure,you can run this center even i have 3 years of exp on same also they said you have return loan in 4 years and installment will be start by same month. I shown him some letter as loan return time is 7 years and installment will be start by after 6 month. they said we cant give and aapse jo bane vo kar lo.

    I am feeling frustrated and where can i complaint about this..please guide me.

    Reply
  12. loan chahiye mujhe manniye mukhyamantri Shri Shivraj singh chouhan mai cpct center dalne ke liye mene cpct qualify kar li hai. kam se kam 5 lac.

    sadhanyawad

    mera number hai 9329075529

    Reply
  13. Sir,
    mera naam Anuj kumar sharma hai, main paper cup banane ki machine lagana chahta hun. Jiske istablishment k liye main mukhyamantri swarojgar yojana k madhyam se loan k liye apply karna chahta hun. Par mere project ki complete cost 1000000(ten lakh) rupees hai. to kya apply karne se pehle mujhe project report aur quotation report ko kisi bhi chartered Accountant se verify karana jaruri hai ?

    Reply
  14. Sirji me 12+diploma hu or mujhe10 lack tk ka loan chayiye mere number 7440608685 h mujhse 0ls koi sampark kre

    Reply
  15. I want start thermacol thali manufacturing bussiness expenditure is Rs 7 to 8 lakh i want to take loans from mukhyamantri swarogar yogna se so give ideal what can i do help me

    Reply
  16. ly 21, 2017 at 10:39 am

    Sir ji muje loan chahiye kuch bussiness karna chahta hu toh muje kya karna ho please muje se koi sampark kare 9981727394 sorry no.galt lag gaye they pehle

    Reply
  17. Sir ji muje loan chahiye kuch bussiness karna chahta hu toh muje kya karna ho please muje se koi sampark kare 9981728394

    Reply
  18. hi sir,
    i vinita w/0 basant singh rajput want to inform you, i have purchased tractor no. MP05AH4207 11/07/16 with scheme of mukhyamantri swarozgar yojana from mahindra tractor itarasi dist. hosangabad, laon has been approved by icici, also subsidy approved by district business and industry center hosangabad but still i have not received subsidy amount when i asked about subsidy with bank consult person that said subsidy has come but i have not received in account, i have more financial pressure due this type scenario pls help me to be free this problem contact no 07509280815

    Reply
  19. SIR MERA LOAN REGULAR CHAL RHA HE LEKIN ABHI TAK SUBSITY KA PATA NAHI KYA MILEGI KE NAHI AGAR MILEGI TO KAB TAK OR KHESE

    Reply
  20. sir ,
    yadi bank bale loan dene ke liy mukhyamantri yuva swarojgar ke tahat loan ke liy mna kar rahe he to kya karu .
    koi other option ho to batai and help me sir because bank bale consent nahi de rahe
    pleaze help me and give me a loan
    thanks

    Reply
  21. Sir,
    I Amrita Sharma Registered with On-line Application for Mukhy mantri Swarojgar yojna Date of 17/4/2017.and taken by hall 40 X 30 rental I have pay amount of Rs- 15000/= we are fully eligible candidate as your guideline. but not any response form Udmita vikash kendra waidhan. Sir, I require amount 700000/= Seven lack only Please Inform my mob no 8839667322. Thank you Sir. Amrita Sharma Village Budhela Po podi Nougi
    Distt- Waidhan. Application No SING _SY_17-17_00051

    Reply
  22. sir
    mera loan account niymit chal rha he
    lekin abhi tak subsidy nahi ai 50000rupeey ka loan he kitni subsidy athi he

    Reply
  23. Sir i want to know ye kaise pta padega sub cd aayi ya nhi bank wale to befkoof bnate hai 11.6% intrest laga rahe hai mujhe ye btaiye kaise pta kare hmari sub cd bank mai aa chuki hai ya nahi

    Reply
  24. Dear Sir/Madam,
    I was applied for a loan under
    मुख्यमंत्री युवा स्वरोजगार योजना from उद्योग केंद्र By my SBI Pologround indore.
    But after 1.5 to 2 month i was trying to know what is the status of my application so that my
    branch of SBI Pologround indore so they are diverted me to SBI yashwant Niwas road
    and they are replying over target is going on completed so now we can’t provide you loan. Know i filling so helpless..
    i was applied online and they are not giving me any proof for this.
    simply i want loan.
    Do something needful.
    Application no INDO_SY_16-17_05477

    Reply
  25. Sir namaste

    Mera naam ranjeetverma hai mai MP rewa ka niwasi Hun mai apna khud ka vyapar shuru karna chahta Hun jiske liya mujhe aap ki yojna ka labh mile jiski mai pori paper fromulti kr li hai lekin bank use accepted nhi kr raha hai pls sir help us my number is 7415460980 or bank adhikari commission ki diamond kr rahe hai sir pls help me

    Reply
  26. Sir namaste

    Mera naam ranjeetverma hai mai MP rewa ka niwasi Hun mai apna khud ka vyapar shuru karna chahta Hun jiske liya mujhe aap ki yojna ka labh mile jiski mai pori paper fromulti kr li hai lekin bank use accepted nhi kr raha hai pls sir help us my number is 7415460980 or bank adhikari commission ki diamond kr rahe hai sir pls help me

    Reply
  27. Sir mai bhi from dala tha bank me casse aagya h par bank koi aksan nai le rahi h sir mai yek garib ghar se hu sir meri madadb karo sir pls mobile number 790977202

    Reply
  28. Dear sir mEra name Sunil Pawar he mene awedan kiya the pnb me alu chip’s ke karkhane ke liye kiya tha sir pnb ne 500000 lakha Ka loan pas bhi kar diya lekin Sagsan letar bhi Diya lekin abhi tak Nhi diya to me kiya karu

    My nb 9584553165

    Reply
  29. Dear sir
    mene aaj se 5 mahine pehle online form jama kar diya .
    lekin bank me abhi tak nhi aya he .me jab bhi bank me jata hu muze ek hi jawab milta he ki aap form abhi hamare pass nhi aya he …..
    sir please help me ….mene dawa bazar me ek surgical ki shop khol li he
    (SURGICAL SHOP FOR HOSPITAL SUPPLY PRODUCTS )

    Reply
  30. Ye sarkar ki sirp lolipop yojna h.but loan unhi ko mil raha h jinki achi link h manager se persebt par …bank me sabsidi aane k bawjud mujhe 1 years se loan nahi mila

    Reply
  31. sirf bank ke chakkar lagwane k eliye ye yojnaye chal rhi he sirf neta log hi utha rhe he iska fayda sale sab manager khate he,bina khaye kisi ka kaam nahi hhota he ,or kuch to khane ke baad bhi kaam nahi karte he,isme sudhar hona chahiye kyoki ham log chakkar kaat kaat kar thak chuke he..

    Reply
  32. SCHEME ACHCHHI HAI BAS AAP SABKO SAHI GUIDENCE KI JARURAT HAI … JO AAP LOG KO NA MILL PANE KE KARAN AAPKE LOAN ME PARESHANI KA KARAN BANTI HAI AAP SABHI … JO BHI LOAN KARANA CHAHTE HAIN HUMARI CONSULTANCY SE CONTACT KR SAKTE HAIN … SAHI SALAH SE AAP LOAN LE PAYENGE ….

    Reply
  33. Please can anyone share contact detail for rewa who can give us a proper guideline and also help us to cmplt the loan process if anyone have Plzzzzzzzzzzzzzzz share contact person and details……

    Reply
  34. loan lene m 10-15% cost to kharcha hi ho jata h, upar s registration license banwane m kharcha, loan lene wala bechara kya kare nahi le to berozgaar or loan lele to karzdaar ho jata h, paisa khilate khilate sabhi ko, gov ko kamse kam 2-3 year ki to loan lene wale cadidate ko income tax m choot deni chahiye or registration or license lene bhi kam paiso m provide karwana chahiye to hi profit hoga bechare loan lene wale ko to

    Reply
  35. Mene v loan ke liye apply Kita tha but bank manager mana Kr rha hai …..uski sikhyat kaha Ki jaye samjh nhi aa rha sir ap kuch Bata sakte h kya

    Reply
  36. Hallo sir I am deep narayan Rai
    Sir mobile repairing and sales ka business karna chahta hu but money problem.I need loan 5lakh plz help me

    Reply
  37. i m completed my graduation in 2011 and now i want to setup my own business of computers and photocopy, i need financial help …………plz help me mob…7898035123

    Reply
  38. Agar aap sabhi ka loan bank wale banane se mana kar rage hai to aap mujhe is no par contect kar sakte ho mai apki help jarur karuga 9303874120

    Reply
  39. I think….lon is impossible in this scheme…. Bcz bank wall ka has yahi excuse h ki nahi hoga..target poora ho gaya..kisi or bank mai jao..yaha jao,waha jao..bas yahi krte raho..govt scheam is very slow..

    Reply
  40. sir my name is arjun pahade i m very said because me bank ke chakkar laga laga ke thak gaya hu but vo log bilkul kam nahi karte har bar naya bahana bana ke bhaga dete he laon me sari process ho jati he bas bank me aake sab ruk jata he i request you ki bank ki process ko app thik kijiye…

    Reply
  41. Sir mai normal family Kakarha teonthar rewa mp
    Ka hi sir Mera bijnesh me bahut intereste hai but money problem ke chalte mai Kuch mahi Kar pata sir mujhe poora bharosa hai ki manney Shivraj Singh chaun dwara chalaya gaya scheme me hamare mp ke yuvao ko jarur labh milega uske sath mujhe bhi aage bhathne ka moka milega sir Pankaj Kumar Tiwari

    Reply
  42. Friends this is a very good scheme every body apply this lone Plz me confirmation deta Hu subka lone hoga normal c kyc lagti h or zra sa confidence bus lone ho jata h indore wale mujhse mashwara Le sakte h ye mera number h 9425040656

    Reply
  43. Mene bhi aply kiya tha 8.60 .. lakh ka par gyarnti maang rhe he me to BPL me aati hu kiraye ke makan me rhti hu agar khudka makan hota to lon lene ki kya jarurat hoti lon sirf amiro ke liye he .. garibo ke liye sirf baate thenku C.m saahab

    Reply
  44. Sir i am widding photografar mujhe apne sope ko badne ke liye camares and othar accessaries ke liye lone lena h par bank wale kahte h ki hamara kota pura ho chuka h othar bank me try kro sir plz bhateye me kya karu

    Reply
  45. Sir.
    Mai bhi bank k chakkar laga rha hoon. Bank wale bolte h hamare yanha ka Kota khatm Ho Gaya h, tumha iske lia April k starting me apply karna tha. Aur kahte h, Ki government sceem to banati h but uska khud palan nhi karti. We kahte h aap village lable h, village lable walo ko waise bhi sayad hi mil paye. Sath me ye bhi kahte h government Ki sceem me jyada se jyada 2 se 3 lakh hi mil payega. Jyada koi nhi de sakta.6,7lakh ka to ho hi nhi sakta. Ab Mai kahta Hu Ki government janta ko bewakoof banane k lia hi sceem banati h kya. Ya us niyam ka palan bhi karegi.

    Reply
  46. sir mene kirana dukan ke liye loan bhara he is pr subsidy nhi mill rhi he mujhe plz halp me to get subsidy….

    Reply
  47. Sir me ek garib pariwar se hu me bank ke chakkar kat kat ke thak gaya hu bank me jata hu to wo bolte he ki abi lone nahi milega sir kuch upai bataiye
    Contect no._07354634856,,,09109065123

    Reply
  48. Sir mene may me is yojna k liye aavedan kiya he plz sir mujhe jankari de ki loan kitne wakt me pass hoga
    My no. Is 9179710105

    Reply
  49. Bank wale loan aage badane walo ko nahi dete loan Hamare hath me nahi age se permission nahi essa bol dete he

    Reply
  50. Sir mein bank gaya tha to mujhe bank manager ne kaha ki hum mukhye mantri swarojgaar yojna ko entertain nahi kar te aap kiss aur bank mein try karo.sir mein business karna chahata hoon.mujhe sir salaha de mein is yojana ka laabh kaise loon.

    Reply
  51. Sir main ek private aotu deal company me work karta hu or mujhe pta h ki is business me kitna profit h to main khud ki auto deal company kholna chahta but mere pass pese nhi hai mujhe mukhya mantri sworojgaar yojna se loan mil jayega kya… Please reply

    Reply
  52. i want to set up my business for boutique bt thr r lots of problems regarding my loan …bank should nt provided whole detai ls as well as they want to need security for the loan plus shop rent and many formatlity if we r able to take shop then why we should apply for the loan.. i want to apply loan for my starting business i dnt have money to take shop on rent after tht i apply….. plz help me

    Reply
  53. I am civil engineer. I want to start my own construction company. Can i able to apply for loan and setup company. Contact no. 8269360982

    Reply
  54. Sir I am a graduate , my husband just passed away. His dream was to setup his own software company. Now I want to make his dream come true. Please suggest me how can I apply..?

    Reply
  55. tuje u.p, haryana , may jakar bol tu sc/st may aata,aur may mandir may entry kroga….,tuje teri he cast wale teri body k 2 tukde krdege, jiska tu virod kr raha hai pale usk bare may ,tuje jan lena chaheye. government may 80% log general wale hai usk baad bi rote ho tum jase cheep log…bina soche samje kis bi baad k virod krna uchit nahi hai

    Reply
  56. Ye yojna to unke liye he jinke pass pese ho or bank me pahchan ho warna aap chakkar kat kat ke thak jaoge but loan nhi milega garibo ko bank chakkar katwati he or deti kuchnhi he or general walo ko to bilkul nhi milega kyun ki WO general me peda hua yahi unki galti he general wale to peda hote se hi lakhpati bana diye jate he chahe gharme kuchna ho wah re hamari government

    Reply

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