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Mukhyamantri Yuva Udyami Abhiyan Yojana: Looking to start your own business? UP Government’s Mukhyamantri Yuva Udyami Abhiyan Yojana offers ₹5 lakh interest-free loans with no guarantee. Learn eligibility, documents, benefits & how to apply here.
The Mukhyamantri Yuva Udyami Abhiyan Yojana launched by the Uttar Pradesh government is a game-changer for young people who want to start their own businesses. Through this scheme, eligible youth can get interest-free loans of up to ₹5 lakh without providing any collateral or guarantee.
The aim? To empower and support over 1 lakh young entrepreneurs every year by promoting self-employment and startup culture in Uttar Pradesh. Whether you’re in a village or a city, if you have a solid business idea and a skill certificate, this scheme could be your chance to shine.
To apply for the Mukhyamantri Yuva Udyami Abhiyan Yojana, you need to meet these criteria:
Here’s what you need to apply:
Skill Documents:
Project Documents:
Personal Documents:
Let’s look at the top benefits you get:
✅ Interest-Free Loan up to ₹5 Lakh
You don’t have to pay any interest on your business loan.
✅ No Guarantee or Collateral Required
Yes, you heard that right — no need for property papers or a guarantor.
✅ 10% Margin Money Grant
The government will give 10% of your project cost as a free grant.
✅ Support for 1 Lakh Youth Annually
Over 10 lakh youth will benefit in the next 10 years.
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You can apply online or offline.
Online Application Steps:
Offline Method:
Visit your District Industries Center or Entrepreneurship Promotion Office. The staff there will guide you step by step through the application.
Q1: Who can apply for this scheme?
Any Uttar Pradesh resident aged 21–40 with minimum 8th-grade education and a skill certificate.
Q2: Do I need to provide collateral or a guarantor?
No. The scheme offers completely collateral-free loans.
Q3: What if I’m already getting help from another government scheme?
If you’re already receiving any interest or capital subsidy from another scheme (except PM SVANidhi), you’re not eligible.
Q4: Is there any interest on the loan?
No. It’s a 100% interest-free loan.
If you’ve ever dreamed of starting your own business but felt stuck because of money issues — this is your golden ticket. The Mukhyamantri Yuva Udyami Abhiyan Yojana is not just a loan scheme, it’s a launchpad for your future. With zero interest, no collateral, and full government support, you’ve got nothing to lose. 👉 So, what are you waiting for? Gather your documents, create your business plan, and apply today!
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