In a significant move to empower the youth and boost entrepreneurship in the state, the Uttar Pradesh government has launched the CM Yuva Scheme, offering interest-free loans up to ₹5 lakh to aspiring entrepreneurs. This initiative is part of the government’s broader mission to promote self-reliance and generate employment through skill development and financial support.
Here’s everything you need to know about the CM Yuva Scheme – Uttar Pradesh, including eligibility, benefits, and a step-by-step guide on how to apply.
What is the CM Yuva Scheme?
Registered with Chief Minister Yogi Adityanath and unveiled to pave the way financially in order to enable skilled and educated youth to venture into their own business or be self-employed under CM Yuva Udyami Loan Scheme (popularly known as CM Yuva Scheme). The scheme offers loans without collaterals and without interest with a maximum of 5 lakhs.
It is expected to promote micro and small businesses whether it is in the rural and semi-urban regions, thus limiting unemployment and economic self-reliance of the youngsters in Uttar Pradesh.
Key Features of CM Yuva Scheme
| Feature | Details |
|---|---|
| Loan Amount | Up to ₹5,00,000 |
| Interest Rate | 0% (Interest-Free Loan) |
| Collateral | Not Required |
| Repayment Period | Flexible – As per bank guidelines |
| Target Beneficiaries | Educated youth of Uttar Pradesh |
| Launch Year | 2024 |
| Official Portal | diupmsme.upsdc.gov.in |
Eligibility Criteria
To apply for the CM Yuva Scheme, the applicant must meet the following criteria:
- Resident of Uttar Pradesh.
- Age between 18 to 40 years.
- Minimum educational qualification: Class 10th pass.
- Must have a viable business idea or plan.
- Not employed in government services or drawing a regular salary.
- Should not have defaulted on any bank loans previously.
Documents Required
Keep the following documents ready before applying:
- Aadhaar Card
- PAN Card
- Residence Proof
- Educational Certificates (Minimum 10th pass)
- Business plan/project report
- Caste certificate (if applicable)
- Passport-size photographs
- Bank passbook
- Mobile number linked with Aadhaar
How to Apply for the CM Yuva Scheme – Step-by-Step Guide
It has an easy online application process. The stepwise guideline is as below:
Step 1: Go to the Official Portal
Visit the Udyam Sarathi Portal or the MSME Department of Uttar Pradesh
Step 2: Register Yourself
Visit the link for registration and follow the steps as shown in the pictures, and provide your basic information, including name, Aadhaar number, mobile number, and username/password.
Step 3: Login to Your Dashboard
Enter the user dashboard using the logincredentials.
Step 4: Completing the Application Form
Go to the CM Yuva Udyami Loan Scheme section and enter the online application form containing personal, educational, and business details.
Step 5: Posting of Documents
Take some scans of the needed documents and upload them in the needed form.
Step 6: Send in Your Application
Check the form and press in the button named ‘Submit.’ Once submitted, there will be a tracking number that will be provided.
Step 7: Check and Acceptance
The officials on the level of districts will check the verifiability of your application. Once it is approved, the amount of the loan will be sanctioned and sent via the assistance of a partnering bank or financial institution.
Loan Disbursement & Repayment
The loan is interest-free if repaid on time as per schedule.
Beneficiaries will receive funds through their linked bank account.
The repayment duration varies, but borrowers are usually granted a moratorium of 6–12 months before EMI begins.
Timely repayment ensures continued support and eligibility for future government schemes
Impact So Far
Uttar Pradesh government has recently updated that more than 50,000 youth have already taken the advantage of the CM Yuva Scheme. This has contributed to the emergence of new business in different segments as information technology, manufacture, retail, agriculture, and services. The project is regarded as a critical subset of the government of India missions as the Self-Reliant Uttar Pradesh and the Atmanirbhar Bharat.
Final Words
The CM Yuva scheme is an opportunity of a lifetime for young entrepreneurs in Uttar Pradesh who aspire to fulfill their goals of becoming entrepreneurs but, due to the lack of economic resources, cannot. This scheme can be used to lay down a solid and stable future with a maximum of 5 lakhs as an interest-free loan. In case you are a young person with a business idea but lack the capital to start with, urgent help awaits you. Go to the official site, send an application, and make the first step in the entrepreneurship career.