About this programme
MYUVA is the Uttar Pradesh government's interest-free loan scheme designed to empower educated and skilled youth (21–40 years) in establishing self-employment ventures and MSMEs. The scheme provides collateral-free, interest-free loans up to ₹5 lakhs for first-time entrepreneurs and up to ₹7.5 lakhs for repeat borrowers after successful repayment of initial loans. Additionally, the government provides a 10% margin-money subsidy on the project cost. The scheme aims to support 100,000 units annually and 1 million units over 10 years. It is run by Government of Uttar Pradesh.
This is credit — repayable finance, usually on more concessional terms than a regular commercial loan. The amount and form of support that actually apply to you depend on the programme’s rules and how your application is assessed — they are not fixed for every applicant.
It is aimed at businesses in uttar pradesh · youth (18–40). Like most government programmes, it has its own eligibility conditions, documentation and application window, and these terms are revised from time to time. Because of that, it is worth confirming the current eligibility, amount and deadline on the official programme page before you invest time in applying.
How it works
Applicants register online at edp.cmyuva.org.in or contact local helpline. The government provides interest-free loans (100% interest-free, collateral-free) and covers interest if the loan is repaid on time. Additionally, a 10% margin-money subsidy is provided on the project cost (government pays 10%, applicant pays 10%, bank finances 80%). Funds are disbursed by partner banks upon approval. Borrowers can access a second loan up to ₹7.5 lakhs after successfully repaying the first loan.
Who can apply
Youth aged 21–40 years with minimum 8th pass education. Must possess skill certification from recognised institution (ITI, vocational training, computer certification). Eligible categories include those trained under government schemes (Vishwakarma Shram Samman Yojana, One District One Product, Skill Upgradation Scheme) and those holding certificates/diplomas/degrees from educational institutions. Uttar Pradesh residents only.
How to apply
- Register on the official MYUVA portal at edp.cmyuva.org.in
- Submit online application with skill certificate and educational qualification proof
- Provide bankable project report and business plan details
- Approach designated partner bank with portal registration confirmation
- Submit required documents to the bank for verification and approval
- Receive loan approval and disbursement from the bank
Documents you’ll typically need
- Skill/training certificate from recognised institution (ITI, vocational institute, or computer training centre)
- Educational qualification certificate (8th pass minimum)
- Age proof (birth certificate, voter ID, or Aadhaar)
- Residence certificate for Uttar Pradesh
- PAN card
- Bank passbook (first and second page)
- Bankable project report with business plan
- Affidavit stating family income and applicant details
- Signature and recent photograph
- Government scheme training certificate (if applicable)
The exact checklist depends on the programme and your specifics.
Frequently asked
Is the loan truly interest-free?
Yes. The scheme provides 100% interest-free and collateral-free loans. The government covers the interest if the loan is repaid on time, making it fully interest-free for borrowers.
What is the margin-money subsidy?
The government provides a 10% subsidy on the project cost (government contributes 10%, applicant contributes 10%, and the bank finances the remaining 80%). This reduces the out-of-pocket burden on the entrepreneur.
Can I take a second loan under this scheme?
Yes. After successfully repaying the first loan, borrowers can access a second loan up to ₹7.5 lakhs (₹750,000) for business expansion.
What skills or training are required to apply?
Applicants must possess a skill certificate from a recognised institution such as an ITI (Industrial Training Institute), vocational institute, or computer training centre. Alternatively, training under government schemes like Vishwakarma Shram Samman Yojana or One District One Product qualifies.
Reviewed July 2026. Government programmes change — confirm current eligibility, amounts and deadlines on the official programme page before you apply. CapEasy is a private consultancy and is not affiliated with any government authority.