Sarkari Yojana
Mukhya mantri Swarojgar Yojana
About Mukhya mantri Swarojgar Yojana
Launched on 1 August 2014 under the Department of Micro, Small & Medium Enterprises, the Mukhya Mantri Swarojgar Yojana of the Madhya Pradesh government offers the state’s citizens loans of up to ₹50,000 to ₹10,00,000 to create employment, so that every citizen is able to start earning. Beneficiaries of the Madhya Pradesh Mukhya Mantri Swarozgar Yojana receive margin money, interest subsidy, loan guarantee and training from the government. Bank loans under it can be repaid over a period of at least 6 months and at most 7 years.
Scheme Overview
State Government
Directorate Of Industries
Individual
01 Aug 2014
Scheme Details
Eligibility Requirements
To qualify for Mukhya mantri Swarojgar Yojana, applicants must satisfy the following conditions:
Permanent residence in Madhya Pradesh is mandatory
Permanent residence in Madhya Pradesh is mandatory.
Applicants must have cleared the 5th class
Applicants must have cleared the 5th class.
Age must fall between 18 to 45 years
Age must fall between 18 to 45 years.
No member of the applicant's family should be…
No member of the applicant's family should be an income taxpayer.
Bank defaulters cannot apply
Bank defaulters cannot apply.
Benefits Provided
Mukhya mantri Swarojgar Yojana provides the following benefits to eligible applicants:
Financial help Margin money assistance
Projects in the general category get 15% of…
Projects in the general category get 15% of the project cost (maximum ₹.1,00,000.
Below Poverty Line (BPL), Scheduled Castes (SC), Scheduled…
Below Poverty Line (BPL), Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC) (except creamy layer)/ Women/ Minority/ Disabled projects are entitled to 30% of the cost (maximum ₹2,00,000). Additional provisions -
Liberated nomadic and semi-nomadic tribes can receive 30%…
Liberated nomadic and semi-nomadic tribes can receive 30% of the project cost (maximum ₹3,00,000 lakh).
An extra 20% on the project cost (maximum…
An extra 20% on the project cost (maximum ₹1,00,000 is available to members of Bhopal gas victim families. interest subsidy
Interest support is given at 5% per annum…
Interest support is given at 5% per annum of the project cost, or 6% per annum for women entrepreneurs, for up to 7 years (Maximum ₹25,000 per annum).
The Guarantee Fee (CGTMSE/
The Guarantee Fee (CGTMSE/: CGFMU) is covered at the prevailing rate for a maximum of 7 years.
Documents Required
Applicants should keep the following documents ready before starting the application:
Aadhaar card of the applicant
Aadhaar card of the applicant
PAN card
PAN card
Certificate of income
Certificate of income
Proof of address
Proof of address
Photograph of passport size
Photograph of passport size
Working mobile number
Working mobile number
Mark sheet of the 5th class
Mark sheet of the 5th class
2014-08-01
How to Apply
Online Application
Applicants can apply for Mukhya mantri Swarojgar Yojana through the online application process outlined below.
Go to the official website through the link…
Go to the official website through the link provided
On the homepage, press the application link for…
On the homepage, press the application link for the Mukhya Mantri Swarozgar Yojana
Select the department you want from the list…
Select the department you want from the list of departments linked to the scheme
As a new applicant, go to registration or…
As a new applicant, go to registration or sign-up, type in your name, mobile number, password and captcha code, then click submit
The portal registers you once you submit
The portal registers you once you submit
After logging in to the portal, you can…
After logging in to the portal, you can apply for the scheme.
Exclusions / Who Is Not Eligible
- The applicant is getting assistance under any other self-employment scheme, then he cannot avail of benefits under the scheme.
- The benefit of this scheme can be availed only once.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.