Bihar Udyami Yojana 2024: Loans and Subsidies for Budding Entrepreneurs

The Bihar Udyami Yojana, also known as the Chief Minister SC/ST/OBC/Women/Youth Entrepreneur Scheme, is run by the Industries Department of the Bihar government. This scheme provides loans to residents of Bihar to help them start new industries. It offers loans up to Rs 10 lakh, with a 50% subsidy, meaning up to Rs 5 lakh is covered by the government.

Important Information for Applicants

For those interested in Bihar Udyami Yojana 2024, it’s crucial to know the application process, required documents, and eligibility criteria. The scheme supports both male and female entrepreneurs from SC/ST/OBC/Women/Youth categories. The loans can go up to Rs 10 lakh, with a 50% subsidy.

Eligibility Criteria

To apply, you need to meet the following conditions:

1. You must be a permanent resident of Bihar.
2. Applicants must belong to SC, ST, OBC, or be a woman or youth.
3. Your age should be between 18 and 50 years.
4. You should have at least completed the 12th grade, or have equivalent qualifications like Polytechnic, ITI, or Diploma.
5. If you are an entrepreneur, you should have a current bank account, or if you run a firm, the firm should have one.

Documents Required

Applicants need to submit the following documents:

1. Original Aadhar card.
2. Permanent residence certificate of Bihar.
3. Caste certificate.
4. 10th class certificate to verify the date of birth.
5. 12th class certificate.
6. PAN card.
7. Recent photograph (120 KB).
8. Sample signature (120 KB).
9. Cancelled cheque or bank statement.

Benefits of the Scheme

The Bihar Udyami Yojana 2024 offers loans up to Rs 10 lakh, with a grant covering 50% of the amount. Special provisions are available for local girls, who only need to repay 50% of the project cost, with a maximum interest-free loan of Rs 5 lakh, payable over 7 years.

Application Process

To apply online, follow these steps:

Step 1: Register

1. Visit the official website and go to the home page.
2. Click on the registration option.
3. Enter your Aadhar card number and desired password, then click on login.
4. Fill out the registration form and submit it.

Step 2: Apply Online

1. Login to the portal.
2. Fill out the application form.
3. Upload the required documents.
4. Submit the form and print the receipt for future reference.

Important Link

Apply Online	Click Here
Login	Click Here
Official Website	Click Here
Project List 2024-25	Click Here
Project Cost	Click Here
Bihar Udyami Yojana Scheme Details	Click Here