Mukhyamantri Yuva Swarojgar Yojana Uttar Pradesh (MYSY)
Subsidized bank loans up to ₹25 Lakh for industry and ₹10 Lakh for service sectors with 25% margin money grant for educated youth in UP.
Quick Eligibility Snapshot
₹Benefits & Entitlement Breakdown
📊Budget Allocation & Beneficiary Reach
Over 28,000 micro-enterprises established generating over 1.5 Lakh jobs in UP
As of: 2026-01-20PIB / Official Citation ↗Verified Eligibility Criteria
Resident of Uttar Pradesh aged between 18 and 40 years. Minimum educational qualification Class 10 (High School) passed. Applicant must not have availed benefits under any other central or state self-employment credit scheme.
Required Documents Checklist
Verify readiness before applying for Mukhyamantri Yuva Swarojgar Yojana Uttar Pradesh (MYSY). Check off your papers or print this list before visiting your local CSC / Cyber Cafe.
Mandatory Documents(3)
Check off as readySupporting / Optional Documents(1)
Keep self-attested photocopies and clear digital scans (100 KB – 200 KB, PDF/JPG format) ready to avoid portal upload timeouts.
Worried About Application Rejection for Mukhyamantri Yuva Swarojgar Yojana Uttar Pradesh (MYSY)?
Over 30% of applications on official portals get delayed or rejected due to minor certificate authority mismatches or unseeded bank accounts. Our civic research desk compiles a verified 1-page Scheme Blueprint tailored to your state and profile.
- ✓Valid issuing authority rules (Tehsildar/SDM)
- ✓Aadhaar-DBT bank seeding verification
- ✓Direct official portal guide (no middlemen)
- ✓Email delivery in 1–2 hrs during desk hours
🔒 Secure Razorpay Checkout • 100% Independent
Application Effort & Process Friction
Readiness assessment derived from official prerequisites, mandatory documentation, and submission channels.
Effort scores reflect portal accessibility, mandatory document burden, and physical verification requirements.
How to Apply
- 1
Visit the DIUPMSME portal (diupmsme.upsdc.gov.in) and choose Mukhyamantri Yuva Swarojgar Yojana.
- 2
Register with Aadhaar, mobile number, and email to generate login credentials.
- 3
Complete the online Detailed Project Report (DPR), choosing enterprise sector and financing bank branch.
- 4
Upload High School marksheet, age certificate, caste certificate, project quotation, and domicile certificate.
- 5
District Level Task Force Committee (DLTFC) chaired by District Magistrate interviews candidates and sanctions proposals.
- 6
Bank disburses loan amount, and state margin money subsidy is held in Term Deposit Receipt (TDR) for 2 years before full grant credit.
✅Before You Begin — Pre-Application Checklist
⚠️Common Rejection Reasons — Avoid These
Education below Class 10, applicant default on previous institutional loans, or proposed project already funded under PMEGP.
Official Government Application Portal
You will be redirected to the secure official portal: diupmsme.upsdc.gov.in
Get Curated Scheme Alerts & Application Deadlines
Never miss an installment date, scholarship deadline, or new state subsidy. Voluntarily subscribe to receive verified government scheme updates directly on WhatsApp or Email.
Successfully Subscribed!
Your preferences are securely saved. You will receive verified alerts when application windows open. You can unsubscribe anytime.
💡 Need an immediate personalized document checklist & rejection audit for your profile?
Get Scheme Blueprint (₹49)→Frequently Asked Questions (Officially Sourced)
Verified answers sourced directly from official circulars, gazettes, and portal FAQs. Never AI-invented.
What is the margin money subsidy percentage under MYSY?
The scheme provides a 25% margin money grant (maximum ₹6.25 Lakh for manufacturing units and ₹2.5 Lakh for service ventures).
Source: Official Scheme FAQ ↗When does the margin money convert into a permanent subsidy?
The margin money is kept in a zero-interest Term Deposit for two years; if the business runs successfully and loan repayments are regular, it is adjusted against the loan balance as a full subsidy.
Source: Official Scheme FAQ ↗Is collateral security required for loans up to ₹10 Lakh?
Loans up to ₹10 Lakh are covered under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), requiring no third-party collateral.
Source: Official Scheme FAQ ↗Who is eligible to apply for Mukhyamantri Yuva Swarojgar Yojana Uttar Pradesh (MYSY)?
Eligible applicants must satisfy official government criteria for Mukhyamantri Yuva Swarojgar Yojana Uttar Pradesh (MYSY). Age: min 18 max 40 years. Conditions: Resident of Uttar Pradesh aged between 18 and 40 years. Minimum educational qualification Class 10 (High School) passed. Applicant must not have avail.
Source: Official Scheme FAQ ↗Can I track my Mukhyamantri Yuva Swarojgar Yojana Uttar Pradesh (MYSY) application status?
Application status for Mukhyamantri Yuva Swarojgar Yojana Uttar Pradesh (MYSY) can typically be tracked through the official portal at diupmsme.upsdc.gov.in using your Aadhaar number, application reference number, or registered mobile number. Alternatively, contact the scheme helpline or visit your nearest Common Service Centre (CSC).
What should I do if my Mukhyamantri Yuva Swarojgar Yojana Uttar Pradesh (MYSY) payment is delayed or rejected?
First, verify your Aadhaar-bank account seeding status on the NPCI mapper (npci.org.in). If seeding is confirmed and payment is still pending, register a complaint on the Central Public Grievance Redressal System at pgportal.gov.in. You may also file an RTI application at rtionline.gov.in to obtain official rejection reasons within 30 days.
Is there an income tax implication for receiving Mukhyamantri Yuva Swarojgar Yojana Uttar Pradesh (MYSY) benefits?
Agricultural income and certain welfare subsidies may be exempt from income tax under Section 10 of the Income Tax Act, 1961. Tax treatment varies by scheme type and beneficiary income level. Consult a certified tax practitioner or visit incometax.gov.in for scheme-specific tax guidance.
Common Rejection Reasons & Warnings
Education below Class 10, applicant default on previous institutional loans, or proposed project already funded under PMEGP.
Editorial Verification & Change Log
| Date | Field | Description / Update | Source Citation |
|---|---|---|---|
| 2026-10-18 | scheme_type | state | Official Source ↗ |
| 2026-10-06 | ministry_id | 277 | Official Source ↗ |
| 2026-09-26 | initial_verification | Baseline verification of Mukhyamantri Yuva Swarojgar Yojana Uttar Pradesh (MYSY) guidelines, benefits, and portal integration. | Official Source ↗ |
⚖Compare with Similar Schemes
Side-by-side eligibility, benefit, and effort comparison:
Application Window & Deadlines
Continuous application intake on DIUPMSME portal
🛟Grievance & RTI Channels
Scheme Intelligence
How is this calculated? ↗Verified 23d ago from .gov.in source
Apply online with minimal documents
Related Welfare Programs
National financial inclusion mission ensuring universal access to banking facilities with zero-balance savings accounts, RuPay debit cards, and credit facilities.
Affordable government-backed one-year renewable life insurance scheme offering ₹2 lakh life risk cover on death due to any cause.
Highly subsidized accidental death and disability insurance offering ₹2 lakh cover for just ₹20 per year supporting citizen beneficiaries nationwide.
📅Scheme Milestone Timeline
Baseline verification of Mukhyamantri Yuva Swarojgar Yojana Uttar Pradesh (MYSY)...
Official Source ↗Schemes You Can Stack With This
Complementary programs with non-conflicting eligibility that you can claim concurrently:
Official Helpline & Nodal Offices
District Industries Centre (DIC), MSME Department UP
Concerned District Collectorate Campus, Uttar Pradesh
Helpline: 0522-2238054
Jurisdiction: State (Uttar Pradesh)Notice a Discrepancy?
Help keep civic data 100% accurate. We audit every report against primary gazettes.
Verification Metadata
Last verified by Eligo researchers on 2026-09-26 against official government documentation.
Eligo is an independent information platform unaffiliated with any government body. Always confirm latest terms directly on the official portal.