Mukhyamantri Yuva Swarozgar Yojana (MYSY) Margin Money, Uttar Pradesh

Open all year MSME and Export Promotion Department, Government of Uttar Pradesh Uttar Pradesh

Subsidy

25% of project cost: up to ₹6.25 lakh (industry), ₹2.5 lakh (service)

What it funds: Margin money subsidy on bank loans for educated unemployed youth
Who can apply: Native resident of Uttar Pradesh aged 18 to 40
Passed high school
Not a defaulter with any bank
Industry project up to ₹25 lakh or service up to ₹10 lakh
When you can apply: Open all year
How to apply: Register on the MSME UP portal; DIC screens and forwards to the bank
Best for: Idea, Prototype stage
Run by: State governments

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Starter opens 30 grants in full. Pro opens every one.

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