Mukhyamantri Mahila Udyami Yojana
At a Glance
Scheme Category
Business & Entrepreneurship,Women and Child,Setting up / start-up / entrepreneurship
Target Beneficiaries
Individual
Brief Description
This is a flagship scheme of the Bihar government aimed at promoting entrepreneurship and self-employment among the youth by providing financial assistance of up to ₹10,00,000/- for setting up businesses.
Benefit Type
Composite
Eligibility Criteria
- The applicant must be a permanent resident of Bihar. - The applicant must be female. - The applicant should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or equivalent. - The applicant must be aged between 18 and 50 years. - The business unit must be a proprietorship or partnership firm. - This scheme also provides benefits to Transgender community.
Application Mode
Online
Application Process
> Registration Process: Step 1: Visit the official <nis:link nis:type=webUrl nis:id=slugId nis:text="website" nis:value=https://udyamiuser.bihar.gov.in/login nis:enabled=true/>and click on "<nis:link nis:type=webUrl nis:id=slugId nis:text="Registration/Log in" nis:value=https://udyami.bihar.gov.in/mmuy nis:enabled=true/>". Select "Mukhyamantri Udyami Yojana" as "MMUY". Step 2: A new page will open where you need to enter your Aadhaar number and create a desired password. Step 3: Click on the "Login" option after entering the details. Step 4:A registration form will appear. Fill in the required details carefully. Step 5: Once completed, click on the "Submit" button to finalize your registration. > Application Process: Step 1: After successful registration, <nis:link nis:type=webUrl nis:id=slugId nis:text="log in" nis:value=https://udyamiuser.bihar.gov.in/login nis:enabled=true/> to the portal using your Aadhaar number and password. Step 2: The application form will appear on your dashboard. Fill in the form accurately with all the necessary details. Step 3: Upload all the required documents as specified in the instructions. Step 4: Review the application to ensure all information is correct. Step 5: Click on the "Submit" button to complete the application process. Step 6: Download and print the acknowledgment receipt for your records. Keep it safe for future correspondence.
Required Documents
- Matriculation certificate (in which date of birth is mentioned). Intermediate or equivalent passing certificate. Caste certificate. Permanent residence certificate. Disability certificate (if required). Photograph of the applicant. Signature of the applicant.
FAQs
What is the “Mukhyamantri Mahila Udyami Yojana”?
The “Mukhyamantri Mahila Udyami Yojana” is a component of the “Mukhyamantri Udyami Yojana,” aimed at promoting entrepreneurship and self-employment among women and transgender individuals in Bihar.
What is the main objective of this scheme?
The main objective of the scheme is to empower women and transgender individuals by providing financial assistance to establish and operate business ventures, fostering economic growth and self-reliance.
Who is eligible to apply for this scheme?
The applicant must be a permanent resident of Bihar, be a female or transgender, and be aged between 18 and 50 years.
What educational qualifications are required for the scheme?
The applicant should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or an equivalent qualification.
What type of businesses are eligible under this scheme?
The business must be a proprietorship or partnership firm to qualify for assistance under this scheme.
What financial assistance is provided under the scheme?
The scheme provides up to ₹10,00,000/- in financial assistance, with 50% as a non-repayable grant and 50% as an interest-free loan.
Is there any interest charged on the loan component?
The loan component is interest-free, with a nominal 1% interest charged under specific sub-schemes.
Does the scheme include training programs?
Yes, mandatory training sessions are provided to enhance the entrepreneurial skills of applicants.
Can transgender individuals apply for this scheme?
Yes, the scheme is inclusive and provides benefits to transgender individuals along with women.
Is there any age limit for applicants?
Yes, applicants must be between 18 and 50 years of age to qualify for the scheme.
How is the financial assistance disbursed?
The financial assistance is disbursed in installments, with the first installment released after the completion of mandatory training.
What documents are required to apply for this scheme?
Applicants need to provide proof of residence, educational certificates, identity proof, caste certificate (if applicable), and bank account details, among other required documents.
What happens after the application is approved?
Once approved, applicants receive the sanctioned amount in their business account. They must utilize the funds as per the project guidelines provided by the department.