Bihar Udyami Yojana 2024: The Bihar Government has launched a Udyami Yojana. Under this scheme, the Bihar Government has provided financial support to those people who want to start their Businesses. The Bihar government gives a Loan of 10 lakh with a 50% subsidy. It means 5 lakh will be waived off.
Bihar Udyami Yojana 2024 Online Apply
Chief Minister Nitish Kumar has launched this scheme, now applicants can apply online through the official website at udyami.bihar.gov.in. The main role of this scheme is to create jobs for young people and reduce the unemployment rate in Bihar. To register for the Mukhyamantri Udyami Yojana, you can secure a loan of Rs 10 lakh which can help grow your business. If you are eligible, just visit the department’s website at udyai.bihar.gov.in to apply online.
Bihar Udyami Yojana 2024 Overview
| Scheme Started by | Government of Bihar |
| Post Name | Bihar Udyami Yojana |
| Department | Industries Department |
| Loan Amount | 10 Lakh Maximum |
| Apply Mode | Online |
| Official Website | udyami.bihar.gov.in |
Mukhyamantri Udyami Yojana Loan Amount
- Maximum Loan Amount: ₹10,00,000
- Maximum Grant/Subsidy (50% of the Sanctioned Amount): ₹5,00,000
- Loan Repayment Period: 7 years (84 equal installments)
Benefits of Bihar Udyami Yojana
- Offers financial support to business owners with loans, grants, & subsidies.
- It provides training that teaches the necessary skills for running a business.
- The application process is simple and easy to apply online.
- Specially supports women to start their businesses.
- This helps people find work closer to home, so they don’t have to move out of state.
- Overall, it boosts Bihar’s economy by encouraging entrepreneurship and innovation.
Eligibility Criteria
- Residency: You need to live in Bihar.
- Business Type: This scheme is for micro, small, & medium enterprises (MSMEs
- Age Limit: You should be between 18 & 50 years old.-Educational Qualification**: Basic literacy is preferred. A good understanding of business ideas is a plus.
Impact of Udyami Yojana in Bihar
The Bihar Udyami Yojana has made a big difference in how people start businesses in Bihar. Because of this, many people have become entrepreneurs. This has created jobs & helped local industries get bigger. Also, fewer people are leaving the state now.
Required Documents for Bihar Udyami Yojana
To apply for the Udyam Yojana in Bihar, here are the documents you will need:
- The Aadhaar card of the applicant
- An email ID & mobile number
- Caste Certificate
- Proof of address
- PAN card
- A scanned passport-sized photo & signature
- Bank Passbook
- Educational Qualification Certificate
- Family Income Certificate
- Disability Certificate
Important Dates:
- Application Starting Date: 01 July 2024
- Mode of Application: Online
How to Apply for Bihar Udyami Yojana 2024?
Step 01: First, go to the Udyami Yojana official website at udyami.bihar.gov.in You’ll find all kinds of info here, about the scheme, eligibility rules, & documents you need.
Step 02: Next, register on the site with your details. After that, fill in the online application form. You’ll need to share info about your business idea, your financial needs, and some personal details too.
Step 03: Now, gather the documents you need. This includes things like identity proof, address proof, a business plan, plus bank details. Then upload them all to the portal.
Step 04: Once everything is filled out and uploaded, submit your application online. You will get a confirmation.
Important Links:
- Official Website: udyami.bihar.gov.in
- Apply Online: Click Here
- More Jobs: Home
FAQ’s
What is the Bihar Udyami Yojana 2024?
The Bihar Udyami Yojana 2024 is a scheme offering loans up to Rs 10 lakh to Bihar residents who want to start a business, with a 50% subsidy on the loan.
How can I apply for the Bihar Udyami Yojana 2024?
You can apply online at udyami.bihar.gov.in by registering, filling out the form, and uploading the required documents.
What are the Eligibility Criteria for this scheme?
Residents of Bihar aged 18-50 years, interested in starting an MSME, are eligible.
What are the benefits of the Bihar Udyami Yojana 2024?
The scheme provides financial support, and business training, and promotes entrepreneurship, especially for women.
What documents are required to apply for the Mukhyamantri Udyami Yojana 2024?
Required documents include an Aadhaar, proof of address, caste certificate, PAN card, bank passbook, and educational certificates.
