AI Summaryमध्य प्रदेश मुख्यमंत्री उद्यम क्रांति योजना: Madhya Pradesh government runs MP Mukhyamantri Udyam Kranti Yojana 2026 to help youth start their own business. Under this scheme, the state government gives a guarantee on bank loans taken for self employment and also provides interest subsidy on the loan amount. Loans from ₹1 lakh to ₹50 lakh are available for new enterprises.
The scheme was announced through a gazette notification in November 2021 and formally launched in April 2022. It is run by the Department of Micro, Small and Medium Enterprises (MSME). Applications are accepted online through the official MP MSME portal. This article explains how to fill the MP Mukhyamantri Udyam Kranti Yojana online application / registration form.
MP Mukhyamantri Udyam Kranti Yojana 2026 Overview
Mukhyamantri Udyam Kranti Yojana gives collateral-free loans to youth aged 18 to 40 years. The loan amount depends on the sector. Manufacturing enterprises can get loans from ₹1 lakh to ₹50 lakh, while service and retail trade units can get loans from ₹1 lakh to ₹25 lakh. No guarantor is required for loans up to ₹25 lakh.
The state government gives a 3% interest subsidy on the outstanding term loan and working capital loan for a maximum of 7 years. The CGTMSE guarantee fee is also paid by the state government, so the applicant does not have to pay it. This brings down the effective interest rate for the borrower.
The scheme was earlier launched by Former Chief Minister Shivraj Singh Chouhan. The current Chief Minister of Madhya Pradesh is Dr. Mohan Yadav. The scheme continues to accept applications for new enterprises in manufacturing, service, retail, food processing, handicraft and tourism sectors.
Here are the main details of MP Mukhyamantri Udyam Kranti Yojana 2026:
| Detail | Information |
|---|---|
| Scheme Name | MP Mukhyamantri Udyam Kranti Yojana |
| State | Madhya Pradesh |
| Launched By | Madhya Pradesh government |
| Beneficiaries | Youth aged 18 to 40 years |
| Loan Amount | ₹1 lakh to ₹50 lakh (manufacturing), ₹1 lakh to ₹25 lakh (service / retail) |
| Interest Subsidy | 3% for up to 7 years |
| Application Mode | Online |
| Official Website | msme.mponline.gov.in |
How to Apply Online for MP Mukhyamantri Udyam Kranti Yojana
Eligible youth can apply online through the official MP MSME portal at msme.mponline.gov.in or through the SAMAST single window portal at samast.mponline.gov.in. The application process is given below.
STEP 1 - Go to the official portal and open the Mukhyamantri Udyam Kranti Yojana section.
STEP 2 - Register using Samagra ID and Aadhaar number, and complete the mobile OTP verification.
STEP 3 - Fill in personal details, educational qualification, business type and loan amount in the application form.
STEP 4 - Upload the required documents including Aadhaar, domicile certificate, educational certificate, bank passbook and a Detailed Project Report (DPR).
STEP 5 - Submit the application and note down the application number for future tracking.
STEP 6 - The application is forwarded to the concerned bank. After verification and approval, the loan is disbursed and the 3% interest subsidy is paid to the bank by the government for up to 7 years.
Eligibility Criteria for MP Mukhyamantri Udyam Kranti Yojana
Applicants must meet the following conditions to apply for the scheme:
- Age between 18 and 40 years.
- Minimum qualification of 8th or 12th pass depending on the sector.
- Annual family income not more than ₹12 lakh.
- Must be a resident of Madhya Pradesh with a Samagra ID.
- Should not be a defaulter at any bank or financial institution.
- Should not be a beneficiary of any other central or state self employment scheme.
- Business must be a new enterprise, not an existing running business.
Benefits and Loan Details
MP Mukhyamantri Udyam Kranti Yojana offers the following benefits to eligible youth:
- Collateral-free loan from ₹1 lakh to ₹50 lakh for manufacturing enterprises.
- Loan from ₹1 lakh to ₹25 lakh for service and retail trade units.
- 3% interest subsidy for a maximum of 7 years.
- No guarantor required for loans up to ₹25 lakh.
- CGTMSE guarantee fee paid by the state government.
Documents Required
Applicants need to keep the following documents ready while filling the online form:
- Aadhaar card and Samagra ID.
- Madhya Pradesh domicile certificate.
- Educational qualification certificate.
- Bank passbook linked with Aadhaar.
- Detailed Project Report (DPR) or business plan.
- Passport size photograph and caste certificate if applicable.
Notification and Official Links
The complete notification and guidelines of MP Mukhyamantri Udyam Kranti Yojana are available on the official MSME department portal. Check and download the notification from msme.mponline.gov.in. For any help, the helpline number is 0755-6720200.
Schemes Merged into Udyam Kranti Yojana
Earlier self employment schemes of Madhya Pradesh were merged into a single scheme called Udyam Kranti Yojana. Mukhyamantri Swarojgar Yojana, Mukhyamantri Yuva Udyami Yojana and Mukhyamantri Krishak Udyami Yojana were combined through the gazette notification of November 2021. Mukhyamantri Yuva Udyami Yojana was closed during the first wave of coronavirus.
FAQ's
How much loan is available under MP Mukhyamantri Udyam Kranti Yojana?
Manufacturing enterprises can get loans from ₹1 lakh to ₹50 lakh. Service and retail trade units can get loans from ₹1 lakh to ₹25 lakh.
Is a guarantor required for the loan?
No guarantor is required for loans up to ₹25 lakh. The state government gives the guarantee on the loan.
Where can I apply for the scheme?
Applications are accepted online at msme.mponline.gov.in or samast.mponline.gov.in.
What is the interest subsidy under the scheme?
The state government gives a 3% interest subsidy on the loan for a maximum of 7 years.