The objective of this scheme is to provide financial assistance to the sons and daughters of farmers to establish their businesses. the government of Madhya Pradesh provided loans...
For women entrepreneurs, a 6% and male 5% interest subsidy
the guarantee fee will be payable at the prevailing rate for a maximum of 7 years.
> **For projects less than Rs 10 lakh:-**
15% of the project cost (maximum ₹1,00,000 ) for the general category.
BPL/ scheduled caste / scheduled 30% of the project cost (maximum ₹2,00,000) for Tribes / Other Backward Classes (except creamy layer) / Women / Minorities / Disabled.
> **Additional provisions-**
30% of the project cost (maximum ₹3,00,000) to the liberated nomadic and semi-nomadic tribes.
Bhopal Gas victim family members are eligible for an additional 20% (maximum ₹1,00,000) on the project cost.
At the rate of 5% per annum of the capital cost for projects of ₹10,00,000 or more and at the rate of 6 % per annum for women entrepreneurs, for a maximum of 7 years. (Maximum ₹5,00,000 per annum)
For projects less than ₹10,00,000 5% of the project cost per annum rate and 6% for women entrepreneurs At the rate of per annum, for a maximum of 7 years. (Maximum ₹ 25,000 per annum)
Eligibility (who can apply)
The applicant must be a permanent resident of Madhya Pradesh.
The age of the applicant should be between 18 to 45 years.
Educational qualification should be a minimum of 10th class.
The parents of the beneficiary should not have their agricultural land.
The applicant should not be an income taxpayer.
How to Apply
**Online**
Visit the [official website](https://msme.mponline.gov.in/Portal/Services/msme2019/landing.html#) using the provided link
The homepage will appear, and you need to click on the application link for the[ Mukhya Mantri Krishak Udyami Yojana](https://msme.mponline.gov.in/portal/Services/DCI/Index.aspx?did=RDAx&Y=MMYUY)
Various departments associated with the scheme will be displayed.
Choose the department that interests you
Choose the option for registration or sign-up if you are a new application.
Click the submit button after entering your name, mobile number, password, and captcha code
After submitting, you will be registered on the portal
Frequently Asked Questions
Who is eligible for Mukhya mantri Krishak Udyami Yojana / what is the eligibility?
- The applicant must be a permanent resident of Madhya Pradesh.
- The age of the applicant should be between 18 to 45 years.
- Educational qualification should be a minimum of 10th class.
- The parents of the beneficiary should not have their agricultural land.
- The applicant should not b...
What are the benefits of Mukhya mantri Krishak Udyami Yojana?
> **For projects worth Rs 10 lakh or more:-**
- For general class 15% (maximum ₹12,00,000)
- For BPL category 20% (maximum ₹18, 00, 000)
- For women entrepreneurs, a 6% and male 5% interest subsidy
- the guarantee fee will be payable at the prevailing rate for a maximum of 7 years.
>...
How to apply online for Mukhya mantri Krishak Udyami Yojana?
**Online**
Step 1: Visit the [official website](https://msme.mponline.gov.in/Portal/Services/msme2019/landing.html#) using the provided link
Step 2: The homepage will appear, and you need to click on the application link for the[ Mukhya Mantri Krishak Udyami Yojana](https://msme.mponline.g...