Mukhyamantri Udyami Yojana (Bihar)
मुख्यमंत्री उद्यमी योजना (बिहार)
Ministry / Dept: Industries Department, Government of Bihar • Agency: Directorate of Technical Development, Bihar
📋 Scheme Objective & Overview
One of India's most generous self-employment schemes: Provides ₹10 Lakhs funding where ₹5 Lakhs is a 100% non-refundable grant and ₹5 Lakhs is an interest-free loan repayable over 7 years.
💰 Key Financial Benefits & Subsidy Details
- ✓Total financial package of ₹10 Lakhs.
- ✓Flat ₹5,00,000 direct non-refundable government grant / subsidy.
- ✓Remaining ₹5,00,000 is an interest-free loan for Women, SC, ST, and EBC categories.
- ✓Nominal 1% interest loan for general and OBC youth.
- ✓7-year repayment period spread across 84 easy monthly installments.
- ✓₹25,000 additional reimbursement for 2-week technical entrepreneurship training.
🎯 Who is Eligible? (Eligibility Criteria)
- •Permanent resident of Bihar State.
- •Minimum qualification: Intermediate (10+2), ITI, Polytechnic, or Diploma pass.
- •Age between 18 to 50 years.
- •Must register unit as a Proprietorship, Partnership, LLP, or Pvt Ltd company.
Age Requirement: 18 to 50 years.
Education Qualification: 10+2 / Intermediate, ITI, Polytechnic Diploma, or equivalent
📑 Mandatory Documents Required Checklist
Scanned PDF / Copies🚀 Step-by-Step Application Procedure
❓ Frequently Asked Questions (Mukhyamantri Udyami Yojana (Bihar))
What is the maximum loan limit under Mukhyamantri Udyami Yojana (Bihar)?
Eligible applicants can avail up to Flat ₹10 Lakhs (₹5 Lakhs Non-Refundable Grant + ₹5 Lakhs Interest-Free / 1% Soft Loan) in financial assistance from authorized partner banks.
How much capital subsidy is provided?
The scheme provides 50% Grant (₹5,00,000 completely free) + 50% Soft Loan repayable in 84 monthly installments credited directly to the loan bank account upon milestone verification.
Is collateral security or mortgage required?
Zero collateral, direct direct-benefit transfer into beneficiary account in 3 installments.
Ready to apply for Mukhyamantri Udyami Yojana (Bihar)?
Submit your online application through the official government portal.
Apply on Official Portal →Toll-Free Helpline: 1800-345-6214
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