UP Govt Interest Free Loan Scheme 2025:- The Uttar Pradesh State Government has launched the “UP Government Interest Free Loan Scheme 2025” for the youth of the state. The objective of this scheme is to economically empower the young citizens of the state and encourage them to start their businesses without any financial constraints. Through this scheme, the government promotes the spirit of entrepreneurship among the youth and provides them with an opportunity to start a business without worrying about the initial capital.
With the facility of interest-free loans provided by the state government, the youth will be able to become self-reliant and new employment opportunities will also be created at the local level. All those young citizens of UP who want to start their own business, go to the official website of the scheme fill out the online application form and take advantage of this golden opportunity. In this article, we have provided you with the application process of this scheme step by step, so you must read this article till the end.
About MYUVA
The Uttar Pradesh government has launched the “Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA)” to make the youth of the state self-reliant and provide self-employment opportunities. Under this scheme, youth will be provided interest-free loans up to Rs 5 lakh to start their business. The state government has made a provision of Rs 1000 crore for the implementation of this scheme in the budget for the financial year 2024-25.
The government aims to prepare one lakh new young entrepreneurs every year through this scheme. This scheme has been specially launched to make educated and skilled youth self-reliant, so that they can start their own business and new employment opportunities are also created. The cooperation of banks and other financial institutions will be taken in the process of loan distribution so that the youth can get financial assistance easily without any interest.
Key Highlights Of UP Govt Interest Free Loan Scheme 2025
| Component | Description |
|---|---|
| Scheme Name | UP Govt Interest Free Loan Scheme 2025 |
| State | Uttar Pradesh |
| Loan Amount | Up to ₹5 lakh (interest-free); second loan up to ₹10 lakh (₹5 lakh interest-free) |
| Loan Tenure | 4 years |
| Collateral | Not required |
| Eligibility – Age | 18 to 40 years |
| Eligibility – Education | Minimum Class 8 pass (Class 12 preferred) |
| Other Eligibility | No prior government business loan, no bank default, one beneficiary per family |
| Application Method | Online via portal or offline through banks |
| Required Documents | Aadhaar, educational certificate, domicile, affidavit, project report, etc. |
| Main Website | https://startinup.up.gov.in |
| Alternate Portal | https://msme.up.gov.in |
Objective of UP Govt Interest Free Loan Scheme 2025
The main objective of the UP Govt Interest Free Loan Scheme is to provide financial assistance to the youth of the state. And to encourage the youth of Uttar Pradesh state to start their own business. This scheme aims to provide interest-free loans up to Rs 5 lakh.
The government aims to create one lakh young entrepreneurs every year through this initiative. This scheme aims to provide necessary assistance to young entrepreneurs and boost the economy of the state.
Benefits Of UP Govt Interest Free Loan Scheme 2025
० “Through this scheme, young citizens of Uttar Pradesh state will get a wonderful opportunity to start their own business.
० Under the scheme, the youth will not have to worry about the initial capital, as the government will provide them an interest-free loan of up to Rs 5 lakh.
० This loan amount will be directly transferred to the bank accounts of the beneficiaries, which will provide them financial assistance in starting a business.”
० MSMEs (Micro, Small and Medium Enterprises) will also be promoted to empower the youth with skill training.
Eligibility Criteria
० The applicant must be a permanent resident of Uttar Pradesh state.
० The applicant must have a diploma or degree from a recognized educational institution.
० Such micro units established in the industry or service sector will be eligible, whose maximum project cost is up to Rs 5 lakh.
Required Documents
० Aadhar Card
० Educational Certificate
० Caste Certificate
० Mobile Number
० Copy of Bank Passbook
० Passport Size Photo
UP Govt Interest Free Loan Scheme Registration?
Step 1: First of all, all the citizens of Uttar Pradesh state who want to register under this scheme must visit the official Yuva Sathi Portal website.
Step 2: After reaching the homepage of the website, citizens must find the “Register” or “Register” option and click on it.
Step 3: On clicking, an online registration form will open in front of you. Fill in all the required information like name, address, mobile number, Aadhaar number etc. correctly.
Step 4: Along with this, upload all the required documents like identity cards, residence certificates, and other necessary certificates.
Step 4: After filling in all the details and attaching the documents, click on the “Submit” button in the last step so that your registration can be completed successfully.
Helpline Number
- Dial: 8957540649
FAQs
Q 1. What is the UP Govt Interest Free Loan Scheme?
UP Govt Interest Free Loan Scheme is an initiative started by the Chief Minister of Uttar Pradesh Yogi Adityanath to help the youth of the state by offering interest-free loans to start their own business.
Q 2. What is a key objective of the UP Govt Interest Free Loan Scheme?
The primary objective of the scheme is to empower educated and trained young individuals and to encourage the youth of Uttar Pradesh state to start their businesses.
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