Mukhyamantri Yuva Swarojgar Yojna (MYSY) is a loan scheme of Uttar Pradesh Government.
Benefits :
- 25% subsidy on loan amount. For example if you take loan of Rs 25 Lakh than government will provide subsidy of Rs 6.25 Lakh and you will need to return only Rs 18.75 Lakh to bank.
- No collateral needed
Eligibility:
- Applicant must be resident of Uttar Pradesh.
- Applicant age must be between 18 – 40 years.
- Applicant must be 10th or equivalent pass.
- Loan can be obtained any type of manufacturing or services activities.
Documents Required:
- Educational qualification certificate
- Aadhar card
- Pan card
- Resident certificate
- Passport size photo
- Income certificate
- Mobile number
- Project report / business plan
- Age certificate
- Caste certificate