MP Mukhyamantri Yuva Swarozgar Yojana | MMYSY Application, Eligibility

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MP Mukhyamantri Yuva Swarozgar Yojana @ msme.mponline.gov.in | MMYSY Application, Eligibility: To decrease the Unemployment Rate in Madhya Pradesh State Government has launched Madhya Pradesh Mukhyamantri Yuva Swarozgar Scheme. Through this Mukhyamantri Yuva Swarozgar Scheme, the applied youth will get the Loan. The Loan Amount under Mukhyamantri Yuva Swarozgar Scheme will be between Rs.20,000 to Rs. 10,00,000/-. Check the Complete MP Mukhyamantri Yuva Swarozgar Yojana Eligibility, Benefits from the following Section.

MP Mukhyamantri Yuva Swarozgar Yojana – Complete Details

Mukhyamantri Yuva Swarozgar Yojana

• The residents of Madhya Pradesh will apply for the Mukhyamantri Yuva Swarozgar Yojana.
• Uneducated people are not allowed to apply. The candidate must complete at least a 5th class.
• The candidate must have age between 18-45.
• The applicant should not have any illegal background.
• The applicant must get the benefits of the Scheme or any other schemes in the state for the first time.
• Only own manufacturing or service corporations or businesses are allowed to get the benefits of Mukhyamantri Yuva Swarozgar Yojana.

Required Documents for MMYSY

• Residence certificate of Madhya Pradesh
• Aadhar card Xerox
• Education proof of at least 5th class
• Loan documents if previously taken from other banks
• Passport size photo
• Birth certificate
• SC or BC certificate if you have.
• BPL ration card xerox if you have.

MP Mukhyamantri Yuva Swarozgar Yojana Features

• In August 2014, the government launched Mukhyamantri Yuva Swarozgar Yojana to help the unemployed youth by giving bank loans for their startups.
• There are many offers offered by the government to the receivers such as margin cash help, interest subsidy, loan assurance, and guidance.
• The main aim of the government is to uplift the state as a business enterprise and increase entrepreneurship without any assurance of security.
• The government of Madhya Pradesh provides bank loans from Rs.20,000 to Rs.10,00,000 for eligible youth.
• It is a very easy process to get the loan from the Government of Madhya Pradesh if the candidate is eligible.

How to Apply For the Madhya Pradesh Mukhyamantri Yuva Swarozgar Yojana?

• The candidate can download the application form from the official website mmsy.mponline.gov.in or can get the form from the district concerned offices.
• The application form will be free of cost from the district office.
• The applications can be verified and call the applicants if there is any gap in the application form.
• The applicant’s application form must be attached to the general project report of the informed project and submit it in the concerned offices.
• Application forms will be detailed in front of the respective department’s selection committee.
• The application forms will be rejected if is they are not eligible or the form has any gap.
• Once the application form is accepted then the loan amount will be released in 15 days.
• The candidates are also be given training for the industry or business development after their loan payment.

To know more details about the MP Mukhyamantri Yuva Swarozgar Yojana, keep checking our website @ freshersnow.com.