MP Mukhyamantri Swarojgar Yojana 2020

MP Mukhyamantri Swarojgar Yojana is for youths. This scheme is anounce by Chief minister of Madhya Pradesh. This scheme is working in state last five years. Under this scheme Government provide financial assistance to youths for their new startup.

MP Mukhyamantri Swarojgar Yojana
MP Mukhyamantri Swarojgar Yojana

Under MP Mukhyamantri Swarojgar Yojana state person take a loan from banks for start small and marginal business. Its give help to youths for their new startup and get easily loan. This government scheme launched by Ex Chief Minister Mr. Shivraj Singh Chouhan on 1 st August 2014 in Madhya Pradesh. After launched this scheme in 2017 doing some improvement in this scheme.

Under this scheme State Government provide loan to youths and minimum amount of rs. 50,000 and maximum amount is 10,00,000 rs.. Object of this scheme is provide loan to to applicants with guarantee.

Details about MP Mukhyamantri Swarojgar Yojana

name of Scheme MP Mukhyamantri Swarojgar Yojana
Launched By Ex. Chief Minister Mr. Shivraj Singh Chouhan
Object Provide Loan to Youths for Business
Minimum Loan Rs. 50,000
Maximum Loan Rs. 10,00,000
State Madhya Pradesh
Official Website msme.mponline.gov.in
Helpline Numbers 0755-6720203 / 0755-6720200
Subsidy Rate 5% (6% for Females)
Interest Rate NA
Time Limit 7 Years
Help Desk support.msme@mponline.gov.in
Launched Year 2014
Started Date 1 August 2014

Eligibility criteria for MP Mukhyamantri Swarojgar Yojana

  • Applicant will be resident of Madhya Pradesh
  • Minimum education of applicant 5th standard pass out.
  • Object of this scheme is provide financial assistance for own business and loan from bank for all category and societies.
  • Under this scheme give financial assistance only for industries, service companies, business startup.
  • Applicant have own Adhar card, bank account.
  • Minimum age of applicant is 18 years for applying
  • Maximum age of applicant is 45 years for applying.
  • Applicant gain this profit from scheme just once.
  • This scheme Give benefits for new startups business But who people.

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