• As per instructions received from RBI, all State Head of the banks, please ensure that coins of all denominations are freely accepted at all branches.        |

9, Arera Hills, Central Bank of India,
Zonal Office, Bhopal

1800 233 4035
smslbc@centralbank.co.in

Mukhya Mantri Yuva Udyami Yojana (MMYUY)

ELIGIBILTY

  • Permanent residents of MP

  • Age between 18 to 40 years

  • The applicant should not have defaulter of any financial institutions

  • The applicant should not already be getting assistance under any state run schemes.

  • The scheme is available only to set up business under service & industry.

  • Can avail the loan under the scheme only once.



FINANCIAL ASSISTANCE

  • The project cost under the scheme should be above Rs. 10 Lakh to 1 crore.

  • Margin Money Assistance: 15% of the Project Cost or Maximum Rs. 12 Lakh

  • Interest Subsidy The government will grant interest at a rate of 5% of the cost of project till 7 years.For women 6%

  • The guarantee fee will be paid at the current rate for up to 7 years

Download Circulars & Forms

Mukhya Mantri Swarojgar Yojana (MMSY)

Eligibility

  • Passed at least 5th Class

  • Age between 18 to 45 years.

  • The applicant should not have defaulter of any financial institutions

  • The applicant should not already be getting assistance under any state run schemes.

  • The scheme is available only to set up business under service & industry.

  • Can avail the loan under the scheme only once.



Financial Assistance

  • The project cost under the scheme should be above Rs.50 Thousand to 10 lakh.

  • Margin Money Assistance:15% for General Category 30% for SC/ST/OBC/Women/Minority/Disabled/BPL categories or Maximum Rs. 2 Lakh

  • Interest Subsidy The government will grant interest at a rate of 5% of the cost of project (Max. 25K) per year till 7 years.For women 6%

  • The guarantee fee will be paid at the current rate for up to 7 years

Download Circulars & Forms

Mukhya Mantri Arthik Kalyan Yojana (MMAKY)

Eligibility

  • Educational qualification: Not required

  • Age between 18 to 55 years.

  • The applicant should not have defaulter of any financial institutions


Other Schemes


Custom Hiring
Higher education loan/Guaranteescheme
Chief Minister Rural Housing Mission


Financial Assistance

  • The project cost under the scheme should be upto Rs.50 Thousand.

  • Margin Money Assistance:50% of the Project Cost (Max. Rs. 10000)

Download Circulars & Forms

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