UP Mahila Udyam Nidhi Yojana
Loans from ₹50,000 up to ₹10 lakh at a low 4 percent interest rate, only for women running a business
This scheme lends money to women who want to start or grow their own business. The loan can be anywhere from ₹50,000 to ₹10 lakh, and the interest charged is a concessional 4 percent, which is far below a normal business loan. It is meant for women who are the owner of the work, not just a worker in it.
Who can apply
- Woman resident of Uttar Pradesh
- Starting a new business or expanding one she already owns
- Has a bank account and can produce a simple plan of the business
What to take with you
- Aadhaar card
- PAN card
- Bank statements
- Address proof
- A simple written plan or estimate for the business
- Business registration papers, where the business already exists
How to apply
Apply through the UP MSME single-window portal at diupmsme.upsdc.gov.in, or take your papers to the District Industries Centre in Baghpat.
Rejected or still waiting? Check these first
Most applications fail for a correctable reason, not because the applicant was ineligible. Before assuming you do not qualify, check each of these:
- No clear plan or cost estimate for the business submitted with the form
- Poor repayment record on an earlier loan
Still stuck after checking all of these? Tell us what happened and we will help you work out which office to approach.