Bihar Mukhyamantri Udyami Yojana

iAbout This Scheme

Entrepreneurship promotion scheme for SC/ST/OBC/EBC/women entrepreneurs in Bihar providing ₹10 lakh loan with ₹5 lakh as grant (50% subsidy) to set up new businesses. The scheme aims to create a class of job creators from disadvantaged communities.

🎁Key Benefits

• ₹10 lakh loan — ₹5 lakh subsidy (grant) + ₹5 lakh loan at 1% interest
• Covers SC/ST, OBC/EBC, women, and youth entrepreneurs
• No collateral required for the loan component
• Training and mentoring support for new entrepreneurs
• Separate variants for SC/ST, women, youth, and EBC categories

✅Eligibility Criteria

• 1
  Must belong to SC/ST or OBC/EBC category (or women for Mahila variant)
• 2
  Bihar domicile and Class 10 pass minimum
• 3
  Age 18–50 years
• 4
  Not a defaulter to any bank; no existing enterprise
• 5
  Aadhaar-linked bank account required

📝How to Apply

❓Frequently Asked Questions