Mukhyamantri Yuva Swarozgar Yojana (MMYSY) in Madhya Pradesh

Mukhyamantri Yuva Swarozgar Yojana
March 26, 2016 | Last Modified: April 4, 2016 at 6:26 am | Category: Madhya Pradesh

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

80 comments on “Mukhyamantri Yuva Swarozgar Yojana (MMYSY) in Madhya Pradesh

  1. […] 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. […]

  2. […] 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. […]

  3. lakhan raloti says:

    Sir mene bhe. Loan ka form Darla he me busines krna chhata hu so plz sir lon ho jayega na

  4. lakhan raloti says:

    Loan kab tak ho jayga

  5. Mr. K says:

    Form self bhara he ya online

  6. nitin sharma says:

    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

  7. nitin sharrna says:

    nitin sharma……your r a bigest fool in the world

  8. nitin sharma says:

    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

  9. nitin sharma says:

    kabi khud to unki jagah par rak k soch…..tu khud pay khud samaj jaega esa kyu hai

  10. Nidhi says:

    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..?

  11. Rohit kumar solanki says:

    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

  12. roshani kanungo says:

    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

  13. roshani kanungo says:

    suggest me how i do apply for the loan

  14. Paijan singh says:

    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

  15. Satyendra raghuwanshi says:

    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.

  16. santosh jadhav says:

    suggest me i do apply lone

  17. Gajendra nagar says:

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

  18. saddam husain says:

    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

  19. saddam husain says:

    Plz suggest me when I got my loan sir

  20. gopal sharma says:

    yojna ka labh lene ke liye kha & kese aavedan kare

  21. shiv kumar shah says:

    cooking oil factory for 25lakh loan chahiye sir mil jayega kya

  22. Banwaree suman says:

    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

  23. shubham says:

    sir is me job lgti h k ni baad me agr govt job lg gai to lete h k ni job me

  24. shubham says:

    agar loan le liya fir apni job lg gai kbhi to govt job me lete h k ni sir

  25. rahul aroliya says:

    Mukhimatri youva savrojgar may sirf pasay vaalo ko hi lon milta hayy or garibo ko to sirf tarik

  26. Vinod Malviya says:

    same question is mine.

  27. vikal kaithwas says:

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

  28. bharat says:

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

  29. ravi shankar mansure says:

    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.

  30. Vikash chouhan says:

    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

  31. sandeep sahu says:

    sir online kese krna he btaiye

  32. PUNEET JAIN says:

    AAP ME SE JO LOG BHI BHOPAL SE HAIN WO LOAN KE LIYE PROPER GUIDELINE KE LIYE 8269826425 NUMBER PE CALL KAR LIJIYE

  33. Kuldeep says:

    Sir
    Me dj kharidna chahta hu kya mujhe loan mil sakta he

  34. ayaz ali says:

    Any questions friends call me 9425040656

  35. yogita chouhan says:

    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

  36. ayaz ali says:

    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

  37. Pankaj Kumar tiwari says:

    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

  38. arjun pahade says:

    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…

  39. arjun pahade says:

    Bank Branch UKO bank bapat squre Indore

  40. vivek k jhariya says:

    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..

  41. veer says:

    if i want to take loan for petrol pump …………there is any Mukhyamantri Yojana …..plzzzzzzz tell me and reply me

  42. kamlesh NAGAR says:

    me bhopal me sport shop kholna chahta hu kya mujhe mukhyamantri rojgar yojna se

    lon mil sakta he

  43. sunil kumar says:

    Plz give me loan business porpose

  44. sandeep ji says:

    sir mujhe loan chahiye dhudh kranti laane k liye kya mp government loan debt skti h

  45. Sourabh sule says:

    Sir muje agriculture equipement lena hai to muje yuva swarojgar yujna se loan milsakta hai

  46. mazher uddin says:

    sar mrne bhi lon kar farm bhara he rojgar karyalay se to ok ho gaya he lekin bank mana kar arhi he me ase me kya karu

  47. narendra chande says:

    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

  48. narendra chande says:

    Only chhindwara jile wale hi contect kar

  49. tukaram gurjar obc says:

    sir mera lon pas ho chuka hai lekin sabsidy ko 2 mahine hone ko hai abhi tak nahi mili hai…..

  50. Rahul Puhspad says:

    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

  51. ravi singh says:

    bakwas youjna koi mat padna chakkar main

  52. shivmangal singh says:

    totally time waste scheme hai .sarkar logo ko bewakoof banati. Milta kuchh nahi h.

  53. Deepnarayan rai says:

    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

  54. Virendra dhakad says:

    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

  55. jitendra karma says:

    Sir mene kapde ki dukan ke liye farm bhara tha mera loan kab take hoga

  56. Shailendra singh yadav says:

    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

  57. neeraj says:

    Badiya yojna he bus sahi kam me like Lon lo to mil jayega

  58. himanshu patel says:

    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……

  59. ANIMOL says:

    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 ….

  60. ANIMOL says:

    AMOLMITTAL1989@REDIFFMAIL.COM PAR SAMPARK KAREN . BHOPAL

  61. ANIMOL says:

    MIL SAKTA HAI

  62. yogesh kumar says:

    sir muja loan Lena muja Kay karna hi

  63. Dev Kumar Rai says:

    sir
    for electrical work i need a loan please guide us.

  64. Dev Kumar Rai says:

    where to submit the form in indore. kindly give detail

  65. shree says:

    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..

  66. ashok panchal says:

    Sir mene abhi recitation karvaya hain par kam karate ke life Paisa Nazi hain m ujhe salad Dr me ya karun

  67. karan says:

    Loan ke liye kaha mile

  68. yashwant singh says:

    sir me graduate hu and me chahta hu own krishi seva kendra open karna chahta hu,is it possible loan here.

  69. Krishna Dulare Jadhav says:

    loane for only political people or rich person. 🙁

  70. Krishna Dulare Jadhav says:

    loan for only political people or rich person.

  71. vishnu singh says:

    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

  72. RAJU SANKLE says:

    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 )

  73. sukhendra ahirwar says:

    sir am sukhendra ahirwar so plz lon 9981978183

  74. anil says:

    mera to khata nhi khol rhe he bank vale manager badtamij he bolta he mujhe nhi krna

  75. laxmiprasad uikey says:

    I want to get this loan but plz me support

  76. Anant Parashar says:

    Hello my name is anant sharma i want ₹10lakh loan plz contect me

  77. Anant Parashar says:

    BC general walo ka to option hi nhi h form me 😡

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