The Uttar Pradesh State government has launched the UP Govt Interest Free Loan Scheme 2025. To allow the young citizens of Uttar Pradesh state to start their own business without any financial struggle, the Uttar Pradesh State government introduced the UP Govt Interest Free Loan Scheme 2025. With the help of this scheme, the Uttar Pradesh State government fosters interest in entrepreneurship among the young citizens and allows them to start their business without worrying about initial capital. All the young citizens of Uttar Pradesh state who want to start their business are requested to visit the official website and fill out the application form online.
About MYUVA
Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA) Scheme is a scheme was launched by the Chief Minister of Uttar Pradesh state, Mr Yogi Adityanath, recently. With the help of this scheme, the Uttar Pradesh State government will provide an industry loan of up to INR 5 lakh to the eligible young citizens. Using the industrial loan, the young citizens of Uttar Pradesh state can start their business in any field. With the help of this scheme, the Uttar Pradesh State government aims to provide entrepreneurship accessibility to a total of 1 lakh young citizens of Uttar Pradesh state.
Also Read: Mukhyamantri Yuva Udyami Vikas Yojana
Objective of UP Govt Interest Free Loan Scheme
The main objective of launching the UP Govt Interest Free Loan Scheme is to empower the young citizens of Uttar Pradesh state to start their journey of entrepreneurship. The interest-free loans will significantly help the young citizens of the state and allow them to start their business without any financial difficulties. This scheme will promote self-employment and confidence among the young citizens of the state. All the citizens of Uttar Pradesh state who are between the age group of 18 to 45 years are eligible.
Helpful Summary of UP Govt Interest Free Loan Scheme
| Key Highlights | Details |
| Name of the Scheme | UP Govt Interest Free Loan Scheme |
| Launched By | UP State government |
| Launch Date | 2025 |
| Announced By | UP State government |
| Purpose | Increase self employment among youth |
| Beneficiaries | Get interest-free loans |
| Target Beneficiaries | Citizens of the UP state |
| Advantage | Interest-free loans of up to INR 5 lakh |
| Eligibility Criteria | Young citizens of UP |
| Required Documents | Aadhaar Card, Ration Card |
| Application Process | Online |
| Official Website | |
| Contact Number |
Eligibility Criteria
- The citizens must be between the ages of 18 to 45 years.
- The citizens must be permanent residents of Uttar Pradesh.
- The citizen must undergo any skill development training.
Also Read: UP One-Time Settlement Scheme
Benefits of UP Govt Interest Free Loan Scheme
- With the help of this scheme, the young citizens of Uttar Pradesh state can start their business.
- The young citizens did not have to worry about the initial capital of the business with the help of this scheme.
- Interest-free loans of up to INR 5 lakh will be given to the selected citizens under this scheme.
- The loan amount will be given to the selected citizens and directly transferred to their bank accounts.
Required Documents
- Educational Certificate
- Aadhar card
- Residence Proof
- Project Proposal
Salient Features
- Interest-free loans: With the help of interest-free loans, the repayment of the loans will be easy and simple.
- Beneficiaries: According to the information, a total of 1 lakh young citizens of UP will be selected.
- Extra assistance: After the repayment of the interest-free loan of INR 5 lakh, the eligible citizens can apply for the loan of INR 7.5 lakh.
- No collateral: The citizens of Uttar Pradesh state did not have to provide any collateral to get loans under the scheme.
Also Read: UP One-Time Settlement Scheme
UP Govt Interest Free Loan Scheme Registration?
- STEP 1: All the citizens of Uttar Pradesh state who want to register under the UP Govt Interest Free Loan Scheme are requested to visit the official Yuva Sathi website.
- STEP 2: Once the citizens reach the homepage of the official website, they must locate and click on the option called “Register”.
- STEP 3: The registration form will appear on your desktop screen the citizens must enter all the details that are asked and attach the necessary documents.
- STEP 4: After entering the details, the citizens can click on the option “submit” to complete their process.
Helpline Number
- Dial: 8957540649
FAQs
How many beneficiaries will receive the benefits of the UP Govt Interest Free Loan Scheme 2025?
A total of 1 lakh citizens of Uttar Pradesh state will receive the benefits of the UP Govt Interest Free Loan Scheme 2025.
What is the financial assistance given under the UP Govt Interest Free Loan Scheme 2025?
The financial assistance of INR 5 lakh as an interest-free loan will be given under the UP Govt Interest Free Loan Scheme 2025.
What is the age criterion to apply for the UP Govt Interest Free Loan Scheme 2025?
All the citizens who are between the age group of 18 to 45 years are eligible to avail the benefits of the UP Govt Interest Free Loan Scheme 2025.