What you get
Financial help | Margin money assistance | - 15% of the project cost (maximum ₹.1,00,000 for the general category. | - 30% of the cost (maximum ₹2,00,000) for Below Poverty Line( BPL) , Scheduled Castes(SC) , Scheduled Tribes(ST), Other Backward Classes(OBC) (except creamy layer)/ Women/ Minority/ Disabled project. | Additional provisions - | - 30% of the project cost (maximum ₹3,00,000 lakh) 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. | interest subsidy | - At the rate of 5% per annum of the project cost and for women entrepreneurs at the rate of 6% per annum, for a maximum of 7 years. (Maximum ₹25,000 per annum) | - Guarantee Fee (CGTMSE/: CGFMU) Up to a maximum of 7 years at the prevailing rate.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is Mukhya Mantri Swarojgar Yojana (MMSY)?
Mukhya Mantri Swarojgar Yojana is a government scheme aimed at promoting self-employment and entrepreneurship among the youth and economically weaker sections of society.
Is there any age limit for applicants of Mukhya Mantri Swarojgar Yojana?
The age limit may vary depending on the state government's guidelines, but generally, individuals above 18 to 45 years of age are eligible to apply.
May other state persons also apply for this scheme?
No, only from Madhya Pradesh native persons.
What is the minimum educational qualification required for the scheme?
Applicant must have passed minimum 5th class.
Is there any subsidy or financial assistance provided under the scheme?
Yes, the scheme provides financial assistance in the form of subsidies, loans, or grants, depending on the nature of the business and the applicant's eligibility.
What are the documents required for applying to Mukhya Mantri Swarojgar Yojana?
Commonly required documents include proof of identity, address proof, income certificate, caste certificate (if applicable), educational qualifications, business plan, and bank account details.
What types of assistance are provided under Mukhya Mantri Swarojgar Yojana?
The scheme provides financial assistance, skill development training, guidance, and support for setting up micro-enterprises and small businesses.
Which is the official website of the Chief Minister Self Employment Scheme Madhya Pradesh?
This is the official website for the Chief Minister Self Employment Scheme in Madhya Pradesh, https://msme.mponline.gov.in/
How many times the applicant can avail of the benefits of the scheme?
The applicant will be eligible for assistance under this scheme only once.
How to apply Online?
Visit the official website using the provided link https://msme.mponline.gov.in/Portal/Services/msme2019/landing.html
Can i apply offline?
No, you can apply online.