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Mukhya Mantri Yuva Udyami Yojana: How to Get ₹5 Lakh Interest-Free Loan in 2025

Ever dreamed of launching your own dream business but stalled by lack of funds? What if you could access up to ₹5 lakh in interest‑free loan support, backed by the government of Uttar Pradesh? The Mukhya Mantri Yuva Udyami Yojana (UP) opens that door for young entrepreneurs ready to step into business. Read on to learn eligibility, process and how to apply!

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What is Mukhya Mantri Yuva Udyami Yojana?

The Mukhya Mantri Yuva Udyami Yojana UP is a scheme launched under the state’s broader Mukhya Mantri Yuva Udyami Vikas Abhiyan campaign. It allows eligible youth to start a service or manufacturing business with an interest‑free loan, support from the state, and minimal formalities.

Eligibility Criteria

To apply for the Mukhya Mantri Yuva Udyami Yojana, you must:

  • Be a permanent resident of Uttar Pradesh.
  • Be aged between 21 and 40 years.
  • Have passed at least 8th class or hold a relevant skill certificate.
  • Be eligible under the scheme’s training or skill‑based requirement for youth entrepreneurship.
  • Submit a project plan meeting the scheme’s guidelines.

Documents Required

When applying for Yuva Udyami Yojana UP, you will need:

  • Identity proof (Aadhaar, Voter ID)
  • Age proof (Birth certificate or school certificate)
  • Education or training certificate (from a recognized institution)
  • Residence proof (utility bill, ration card)
  • Bank account details and passbook
  • Project report outlining business idea, cost, working capital needed
  • Passport‑sized photograph, signature, caste certificate (if applicable)

Benefits of Mukhya Mantri Yuva Udyami Yojana

  • Loan amount up to ₹5 lakh with zero interest (initial phase) and no collateral.
  • The scheme promotes youth‑led business ventures and helps students transition to entrepreneurs.
  • Opportunity to start your own business under high‑demand sectors in the state.
  • Support under Mukhya Mantri Loan Yojana and MSME‑related government schemes for better business setup.

Complete Guide to Mukhya Mantri Yuva Udyami Vikas Abhiyan

The Mukhya Mantri Yuva Udyami Vikas Abhiyan is the umbrella programme that includes schemes like the Yuva Udyami Yojana as well as Mukhya Mantri Swarojgar Yojana UP.

Under this campaign:

  • Phase I covers loans up to ₹5 lakh interest‑free.
  • Phase II may cover higher amount or different support, subject to scheme updates.
  • Businesses in manufacturing or services can apply.
  • Implementation is via designated banks and portals in UP.

How to Apply for Yuva Udyami Yojana UP Online – Step‑by‑Step Guide

  1. Visit the official portal of the scheme and register as a new user (Aadhaar, mobile OTP verification).
  2. Choose the scheme: “Mukhya Mantri Yuva Udyami Yojana” or “Mukhya Mantri Yuva Udyami Vikas Abhiyan”.
  3. Fill in your details: name, age, education/training, business idea, project cost.
  4. Upload documents: identity, residence, skill certificate, bank passbook, project report.
  5. Submit online; bank and state officials will verify application and financials.
  6. Approval arrives; bank disburses loan; you launch the business with support and monitoring.

Mukhya Mantri Swarojgar Yojana UP: Start Your Own Business With Govt Support

If you are open to broader self‑employment options rather than youth‑only schemes, the Mukhya Mantri Swarojgar Yojana UP provides support, subsidies and loans for entrepreneurs across the state. This scheme complements youth‑exclusive programs by covering more sectors and larger business sizes.

Government Scheme for MSME: Benefits of Mukhya Mantri Loan Yojana

Under the broader “government scheme for MSME” landscape in UP, the Mukhya Mantri Loan Yojana offers:

  • Support for small business registration, credit guarantee (CGTMSE), margin‑money subsidies.
  • Professionals and youth entrepreneurs under Yuva Udyami Yojana get enhanced benefits via MSME‑linked backing.
  • A strong boost to startups by combining youth‑scheme benefits + MSME features.

CM Yuva Swarojgar vs Yuva Udyami Yojana: Key Differences Explained

FeatureYuva Udyami Yojana UPCM Yuva Swarojgar / Swarojgar Yojana UP
Target AgeYouth 21–40 yearsWider range (often all adults)
Loan AmountUp to ~₹5 lakh interest‑free (phase I)Varies – may include larger amounts or partially subsidised interest
Guarantee/CollateralTypically no collateral / guarantee requiredMay have different terms depending on scheme
ObjectiveEncourage youth entrepreneurship with new venturesPromote self‑employment & business expansion for broader group

FAQs

Q1. Can someone outside Uttar Pradesh apply for the Yuva Udyami Yojana?
A: No. One must be a permanent resident of Uttar Pradesh to qualify.

Q2. Does the scheme require repayment?
A: Yes you’re required to repay the loan, but it comes with interest‑free terms and subsidy benefits.

Q3. Can women apply for the scheme?
A: Absolutely the Yuva Udyami Yojana UP is open to all eligible youth (men and women) meeting criteria.

Q4. Is there mandatory training for the scheme?
A: Yes — Skill certification or training under recognised programme helps your eligibility.

Q5. What sectors are eligible?
A: Both manufacturing and service‑based business ideas are eligible under the Yuva Udyami scheme or related loan schemes like the Mukhya Mantri Swarojgar Yojana UP.

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