State Schemes for MSMEs

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Scheme Name: Mukhyamantri Mahila Udyami Yojana

State: Bihar

Description of the Scheme:

Women-irrespective of caste and creed, wishing to start entrepreneurship, will get a loan of Rs 10 lakh, in which Rs 5 lakh would be a grant from the state government and the rest Rs 5 lakh will come as loan, refundable in 84 instalments.

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance: All the beneficiaries of Bihar CM Mahila Udyami Yojana 2022 are deemed to pay back the loan in 84 equal monthly instalments after one year of the cash transfer along with Interest of just 1%.

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: Department of Industries, Bihar government

Whom to Contact: http://www.udyogmitrabihar.in/

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