Mukhyamantri Udyami Yojana (Bihar)
Bihar
Employment
Application Mode: ONLINE
Active
Quick AI Summary
Provides Rs. 10 Lakhs loan at 0% interest to youth (General/OBC) for starting enterprises in Bihar.
Detailed Summary
The scheme provides the entire project cost as a combination of grant (50%) and interest-free loan (50%).
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits | - Rs. 5 Lakhs as grant (non-refundable). - Rs. 5 Lakhs as interest-free loan repayable in 84 installments. - Total project assistance: Rs. 10 Lakhs. |
Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| age min | >= 18 |
| age max | <= 50 |
| state id | = 1 |
Application Process Guide
- Apply online on the Bihar Udyami portal during registration windows.
Common FAQs regarding this Yojana
No, you cannot receive benefits under both schemes simultaneously for the same enterprise.