The Bihar Mukhyamantri Udyami Yojana 2023-24 is a government scheme that provides financial assistance to unemployed youth in Bihar to start their own businesses. The scheme is open to all unemployed youth between the ages of 18 and 50 years who are permanent residents of Bihar.
Bihar Mukhyamantri Udyami Yojana 2023-24
Under the scheme, the government provides a loan of up to ₹10 lakh to eligible candidates at a subsidized interest rate of 4%. The loan is repayable in 7 years, with a moratorium of 6 months on the repayment of principal and interest.
Bihar Mukhyamantri Udyami Yojana 2023 eligible Criteria
To be eligible for the Bihar Mukhyamantri Udyami Yojana 2023-24, candidates must meet the following criteria:
- Be a permanent resident of Bihar.
- Be between the ages of 18 and 50 years.
- Be unemployed.
- Have a minimum educational qualification of 10th standard.
- Have a viable business plan.
To apply for the Bihar Mukhyamantri Udyami Yojana 2023-24, candidates must submit an online application on the official website of the Bihar Industries Department. The application form must be accompanied by the following documents:
Bihar Mukhyamantri Udyami Yojana documents
- Passport-size photograph
- Signature
- Aadhaar card
- PAN card
- Educational certificates
- Caste certificate (if applicable)
- Business plan
Once the application is submitted, it will be reviewed by a committee. If the application is approved, the candidate will be granted a loan of up to ₹10 lakh.
The Bihar Mukhyamantri Udyami Yojana 2023-24 is a great opportunity for unemployed youth in Bihar to start their own businesses and become self-employed. The scheme provides financial assistance and support to entrepreneurs to help them set up and grow their businesses.
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Benefits of the Bihar Mukhyamantri Udyami Yojana 2023-24
The Bihar Mukhyamantri Udyami Yojana 2023-24 offers a number of benefits to eligible candidates, including:
- Financial assistance in the form of a loan of up to ₹10 lakh.
- Subsidized interest rate of 4%.
- Moratorium of 6 months on the repayment of principal and interest.
- Support and guidance from the Bihar Industries Department.
How to Apply for the Bihar Mukhyamantri Udyami Yojana 2023-24
To apply for the Bihar Mukhyamantri Udyami Yojana 2023-24, candidates must visit the official website of the Bihar Industries Department and submit an online application. The application form must be accompanied by the relevant documents, as mentioned above.
Once the application is submitted, it will be reviewed by a committee. If the application is approved, the candidate will be granted a loan of up to ₹10 lakh.
प्रोप्रिएटोरशिप के मामले में आवेदक के नाम से व्यक्तिगत बचत खता (Savings Account) या फर्म के नाम से बचत खता (Savings Account) मान्य होग। परन्तु आवेदक के ऋण एव अनुदान की स्वीकृति के उपरांत आवेदक द्वारा आपने व्यक्तिगत चालू खाते को फर्म के नाम से परिवर्तित कराकर पोर्टल पर अपलोड किये जाने के उपरांत ही स्वीकृत राशि का हस्तांतरण फर्म के नाम से चालू खाते में RTGS के माध्यम से किया जायेग।
How to Apply Bihar Mukhyamantri Udyami Yojana 2023-24
To apply for the Bihar Mukhyamantri Udyami Yojana 2023-24, candidates can follow these steps:
- Visit the official website of the Bihar Industries Department.
- Click on the “Bihar Mukhyamantri Udyami Yojana 2023-24” link.
- Click on the “Apply Now” button.
- Fill in the online application form and upload the required documents.
- Click on the “Submit” button.
udyami.bihar.gov.in Apply Direct Link
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नोट :- 1. स्वीकृत राशि अधिकतम 3 किस्तों में भुगतान किया जायेगा।
2. योजना का लाभ परिवार के किसी एक सदस्य को ही दिया जायेगा।
Conclusion
The Bihar Mukhyamantri Udyami Yojana 2023-24 is a great opportunity for unemployed youth in Bihar to start their own businesses and become self-employed. The scheme provides financial assistance and support to entrepreneurs to help them set up and grow their businesses.
If you are an unemployed youth in Bihar and are interested in starting your own business, you should consider applying for the Bihar Mukhyamantri Udyami Yojana 2023-24.
For further information you can contact toll free number 1800 345 6214 on every working day between 10 AM to 5 PM.
FAQs on Bihar Mukhyamantri Udyami Yojana 2023-24
Q: What is the Bihar Mukhyamantri Udyami Yojana 2023-24?
Ans: The Bihar Mukhyamantri Udyami Yojana 2023-24 is a government scheme that provides financial assistance to unemployed youth in Bihar to start their own businesses.
Q: When will the Bihar Mukhyamantri Udyami Yojana 2023-24 application process start?
Ans: The online application process for the Bihar Mukhyamantri Udyami Yojana 2023-24 is expected to begin in September 2023.
Q: What is the last date to apply for the Bihar Mukhyamantri Udyami Yojana 2023-24?
Ans: The last date to apply for the Bihar Mukhyamantri Udyami Yojana 2023-24 is expected to be in October 2023.
Q: What types of businesses are eligible for the Bihar Mukhyamantri Udyami Yojana 2023-24?
Ans: All types of businesses are eligible for the Bihar Mukhyamantri Udyami Yojana 2023-24, including manufacturing, service, and trading businesses.
Q: What is the maximum amount of loan that can be availed under the Bihar Mukhyamantri Udyami Yojana 2023-24?
Ans: The maximum amount of loan that can be availed under the Bihar Mukhyamantri Udyami Yojana 2023-24 is ₹10 lakh.
Q: What is the interest rate on the loan under the Bihar Mukhyamantri Udyami Yojana 2023-24?
Ans: The interest rate on the loan under the Bihar Mukhyamantri Udyami Yojana 2023-24 is 6% per annum. The loan is interest-free for the first two years.
Q: What is the loan repayment period for the Bihar Mukhyamantri Udyami Yojana 2023-24?
Ans: The loan repayment period for the Bihar Mukhyamantri Udyami Yojana 2023-24 is 7 years.
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