Mukhyamantri Yuva Swarojgar Yojana: Interest-Free Loan up to ₹10 Lakh and Margin Money up to ₹50,000
Launched on 12 January 2026, this scheme gives Rajasthan residents aged 18 to 45 a loan of up to ₹10 lakh from a bank/financial institution to start an enterprise, with the entire interest borne by the state government. It also offers margin money up to ₹50,000 and reimbursement of the CGTMSE fee. Apply online with an SSO ID or at e-Mitra.
Scheme at a Glance
| Detail | Information |
|---|---|
| Scheme name | Mukhyamantri Yuva Swarojgar Yojana (MYSY) |
| Launched | 12 January 2026 (notification and guidelines on 11 January 2026) |
| Duration | Effective till 31 March 2029 |
| Benefit | 100% interest subsidy, margin money and CGTMSE fee reimbursement |
| Target | 1 lakh youth (₹1,000 crore provision in Budget 2026-27) |
| Beneficiaries | Permanent residents of Rajasthan aged 18 to 45 (individuals, HUF, SHG etc.) |
| Implementation | District Industries & Commerce Centres. Nodal: Commissioner Industries & Commerce |
| Application | Online: SSO ID or e-Mitra |
Status of the Older 'Yuva Udyam Protsahan Yojana'
- The Mukhyamantri Yuva Udyam Protsahan Yojana was announced in 2023 (loans up to ₹1 crore with 10%/15% margin money, maximum ₹5 lakh). We found no open application or issued guidelines for it.
- The scheme currently running for youth enterprises is the Mukhyamantri Yuva Swarojgar Yojana, so this page covers that scheme.
- The conditions of the two schemes are different. Do not apply the old scheme's amounts and eligibility to this one.
- The loan depends on bank approval. Ask the bank and your District Industries Centre about conditions before applying.
Loan and Margin Money Limits
| Qualification / Sector | Maximum loan and margin money |
|---|---|
| Class 8 to 12 pass: Services & Trade | Loan up to ₹3.5 lakh, margin money 10% (max ₹35,000) |
| Class 8 to 12 pass: Manufacturing | Loan up to ₹7.5 lakh, margin money 10% (max ₹35,000) |
| Graduate/ITI or higher: Services & Trade | Loan up to ₹5 lakh, margin money 10% (max ₹50,000) |
| Graduate/ITI or higher: Manufacturing | Loan up to ₹10 lakh, margin money 10% (max ₹50,000) |
The maximum loan tenure is 5 years.
Key Benefits
- 100% interest subsidy on loans up to ₹10 lakh.
- Margin money up to ₹50,000.
- Reimbursement of the CGTMSE guarantee fee.
- Free training in RSLDC short-term skill courses.
- HUF and SHG are eligible along with individuals.
Who Is Eligible
Eligible
- Permanent resident of Rajasthan.
- Age 18 to 45 years.
- Individual applicant, or institutional applicant such as HUF/SHG.
- Not a defaulter of any bank/financial institution.
- A new enterprise in services, trade or manufacturing.
Not Eligible
- Applicants who are defaulters of a bank/financial institution.
- Residents of other states.
- Applicants outside the age limit.
- A commercial transport vehicle with an on-road price above ₹15 lakh.
Required Documents
- Aadhaar card
- Jan Aadhaar card
- Proof of residence
- Educational qualification certificate
- Project report / business plan
- Bank account details
- Passport size photo
- Mobile number
How to Apply / Register
- Create an SSO ID, or log in to the SSO portal with your existing one.
- Choose the Mukhyamantri Yuva Swarojgar Yojana service, fill the form and upload documents.
- Submit the application and keep the receipt. You can also apply at a nearby e-Mitra centre.
- The District Industries & Commerce Centre verifies the application and forwards it to the bank/financial institution.
- The bank sanctions the loan. Interest subsidy, margin money and CGTMSE fee reimbursement follow the scheme rules.
Important Rules
- The loan depends on the bank's checks and approval. Applying does not guarantee a loan.
- Reports say margin money is given once the enterprise runs for at least 2 years. Confirm this in the guidelines.
- Defaulter applicants are not eligible.
- The scheme runs till 31 March 2029, but applications may be limited once the target is met.
Important Government Links
- Rajasthan SSO Portal
- Commissioner Industries & Commerce, Rajasthan
- e-Mitra Portal
- Jan Aadhaar Portal
- Rajasthan Sampark (Grievance)
- Rajasthan Jankalyan Portal
Check the latest guidelines and application details on the SSO portal and the Industries Department website.
Helpline and Contact
Rajasthan Sampark Helpline181
Help CentreDistrict Industries & Commerce Centre
Frequently Asked Questions
How much loan is available?
- ₹3.5 lakh to ₹10 lakh depending on qualification and sector.
Who pays the interest?
- The state government bears 100% interest subsidy.
How much is the margin money?
- 10% of the loan: max ₹35,000 for Class 8-12 pass and max ₹50,000 for graduates/ITI or higher.
Where do I apply?
- On the SSO portal or at an e-Mitra centre.
Is the older Yuva Udyam Protsahan Yojana running?
- We found no sign that it is open. MYSY is the scheme currently running.
Important Notes
- Scheme conditions, limits and process can change. Confirm on the SSO portal or with your District Industries Centre before applying.
- Emitrawala.com is not a government website. This page is for information only.
- Do not pay anyone money for getting a loan or subsidy.
Need Help?
For help with an SSO ID, project report or application, contact Emitrawala.com. Our team will assist you.
