UP MSME Loan Mela Apply Online | UP Loan Mela Online Application | How to download UP MSME Loan Mela App | Eligibility and documents
Friends, today we’re going to inform you about the UP MSME Loan Fair and show you how to apply online. MSMEs can apply for loans up to Rs 2,000 crores using the Uttar Pradesh Chief Minister Yogi Adityanath MSME Sathi Loan App Online Loan Mela 2022 Application Registration Form. In this article, we’ll go through the features, advantages, list of paperwork needed, and eligibility requirements for the UP MSME Loan Mela.
UP MSME Loan Mela
This is a program that attracts business owners who own small- and medium-sized businesses. The Uttar Pradesh government would lend 36,000 company owners a total of Rs 2000 crores as part of the UP MSME Loan Mela, which aims to support economic growth in the micro, medium, and small enterprise sector across the nation. It serves as a sort of backbone in each of these three corporate sectors, without which nothing is conceivable.
1.90 lakh beneficiaries will get loans under UP MSME Loan Fair
Under the UP MSME Loan program, the government would give 1.90 lakh beneficiaries loans totaling Rs 16 crore. Yogi Adityanath, the Chief Minister of Uttar Pradesh, announced the availability of this loan at the loan fair held on June 30, 2022, at Lok Bhawan in Lucknow. Under this plan, the government will also hold a loan distribution ceremony and every district in the state will arrange this event. The implementation of this plan will enable state residents to start their own businesses. In addition to this, he will be in a position to employ others. The implementation of this plan will raise the state’s residents’ standard of living and provide them more authority and independence. Additionally, the state’s unemployment rate will go down.
Key Features UP MSME Loan Mela
Scheme Name | UP MSME Loan Fair |
announcement | Uttar Pradesh Chief Minister Yogi Adityanath |
state | Uttar Pradesh |
registration mode | online |
date started | May 14 |
Last date | May 20 |
beneficiary | MSME Sector |
total budget | Rs 2000 crore |
official website | http://diupmsme.upsdc.gov.in/ |
Uttar Pradesh MSME Loan Mela Scheme
After the national government unveiled its economic plan, the state of Uttar Pradesh’s government launched the MSME Saathi Portal and Mobile App for the state’s more than 56 000 MSME business owners in less than 24 hours. In addition to establishing the MSME Saathi Portal and Mobile App, Chief Minister Yogi Adityanath has also granted 56 000 754 business owners one-time loans totaling Rs 2000 crores. The business owners who haven’t registered yet ought to do so as soon as feasible and is eligible for a state government credit. The MSME sector of the state’s micro, small, and medium-sized businesses will see economic growth because of this financing. People in the state who wish to participate in this advantageous program of the state government should submit an application as soon as possible and use the plan to their advantage.
UP Micro, Small and Medium Enterprises (MSME) Loan Mela
The UP MSME Loan Mela for Micro, Small, and Medium Enterprises (MSME) online application procedure will begin on May 14 and finish on May 20, 2020. On the first day, 36,000 MSME entrepreneurs would receive loans through the online platform thanks to preparations made by the UP government. The government has partnered with banks to provide these MSME online loans through them. Consequently, this will simplify the procedure of obtaining hassle-free financial services. The people of the state would gain from this Mega UP Online Loan Mela Scheme’s assistance to numerous MSMEs.
Types of MSME
MSMEs are divided into three categories, whose complete information we have given below.
- Micro industry – Under this micro-industry comes that business company which invests 1 crore and has a turnover of 5 crores.
- Small scale industry –an industry with an investment of 10 crores, whose turnover is 50 crores.
- Medium Industry – Large industries and companies that get up to 100 crore turnover by investing Rs 20 crore
What is UP MSME Loan Mela?
Yogi Adityanath, the Chief Minister of Uttar Pradesh, is in favor of the MSME initiatives introduced as part of the Atmanirbhar Bharat campaign. UP Online Loan Fair 2022 will take place, according to the UP Government MSME Sathi Portal at diupmsme.upsdc.gov.in Accordingly, the UP Government will begin issuing invitations to this online loan fair for the MSME sector, which will concentrate on producing indigenous (swadeshi) goods and displacing them with international names. The Yogi Online Loan Mela Yojana will provide the growth of Micro, Small, and Medium Enterprises a significant boost. Nirmala Sitharaman, the Union Finance Minister, has already announced this program on May 13, 2020. Under the Atmanirbhar Bharat Abhiyan, the MSME sector would receive a Rs 3 lakh crore package. The state government would contribute Rs 1 to the UP Online Loan Mela. With the business owners, there is a loan provision of roughly Rs 2000 crores. An online loan fair for the MSME sector will be launched by the UP government from May 14 to May 20, 2020. Approximately 36,000 company owners would get loans totaling Rs 2000 crore through this event.
Objective of UP MSME Loan Scheme
As you are all aware, India as a whole is experiencing a Coronavirus problem. The coronavirus is causing agony in a lot of people around the nation. The Prime Minister has declared a national emergency and shut down the whole nation until May 17 in order to combat the coronavirus and safeguard the population. Many citizens of the country are finding it difficult to conduct their businesses as a result of this lockdown. In response to this issue, the Chief Minister of Uttar Pradesh launched the UP MSME Loan Mela. Through this program, the micro, medium, and small company owners of Uttar Pradesh would greatly assist the farmers by providing loans for the expansion of their enterprises by boosting their firms, and you may provide the workers work.
Delayed Payment Monitoring System of UP MSME Loan Mela
- The Ministry has taken steps to resolve any payment delays that may have occurred.
- Before the MSEFC, the concerned State may submit an online application against the purchaser of goods or services.
- The MSEFC Council will be responsible for looking after these for their purposes.
- The Ministry will pay the outstanding balance and interest in accordance with the requirements after verification.
List of Documents required for UP MSME Loan Mela
Here the following documents will be required to apply online for UP MSME Loan Mela.
- Aadhar Card
- pan card
- registered mobile number
- Email ID
- Photocopy of bank passbook
- bank account number
Benefits of MSME Sathi UP Online Loan Fair 2022
The important benefits of UP MSME Online Loan Fair 2022 are as follows.
- All of the small, medium and microbusiness owners will experience significant growth in their operations.
- The COVID-19 epidemic has prevented product imports, giving local firms a tremendous chance.
- The whole loan amount will be sent to their bank account in a very short period of time.
Eligibility for UP MSME Loan Mela 2022
All applicants must have the following eligibility before filling out the registration/application form for UP MSME Online Loan Fair 2022.
- Your company must disclose a minimum turnover that falls within a set range.
- An established firm that has been operating for a considerable amount of time.
- Trusts, NGOs, and charity organizations are not eligible for loans under this program.
- The company shouldn’t be on the list of banned businesses.
It should be noted that this is a provisional qualifying criterion that has yet to be validated. We will update this page as soon as the exact information of this UP MSME Online Loan Mela is available.
Schemes under UP MSME Loan Mela 2022
- Mukhyamantri Yuva Swarozgar Yojana: The state’s young employees must get self-employment under this program. For individuals looking to start businesses, the program offers loans up to Rs 25 lakhs, and for the service industry, up to Rs 10 lakhs.
- One District One Product Margin Money Scheme: 20% of the entire program cost might be funded under the plan, up to a maximum of 50 lakhs, or a minimum of 6.25 lakhs. The candidates must be citizens of UP and must be between the ages of 18 and 40 in order to qualify for the benefits of this program.
- Vishwakarma Shram Samman Yojana: Potters, weavers, carpenters, blacksmiths, barbers, and other tradespeople will receive training under this program. Under this program, 250 participants will receive a 6-day training that is specifically designed for Taring people.
- One District One Product Training and Tool-Kit Scheme: Through RPL, skilled individuals will receive training, and they will also receive credentials for it. Unskilled residents of the state will be trained for 10 days, with a reward of Rs 200 awarded each day of the coaching session.
MSME Sathi App Online Registration Process
- First of all, visit the official website on the homepage, and click on the “Applicant Login” link under the “Login” tab present in the main menu at the bottom. Or download MSME Sathi App and apply through it.
- After this, you have to click on “New User Registration” whenever it appears.
- On clicking this link, UP Online Loan Fair Online Registration Form will appear
- Here applicants can enter all the required information accurately and the supporting documents have to be uploaded.
- After that, click on the submit button.
- In this way, your online registration is completed and after a few days, you will be informed of your email id or phone number.
MSME Sathi Loan Mobile App
The Government of Uttar Pradesh and the Department of Micro, Small, and Medium Enterprises and Export Promotion of Uttar Pradesh have released the UP MSME Sathi Mobile App. Micro, small, and medium-sized business owners can submit ideas and complaints to the government regarding the functioning of their industrial units and other activities using the MSME Saathi Loan Mobile App, and the government will address their concerns. On this smartphone app, business owners in micro, small, and medium enterprises can file complaints.
How to download MSME Sathi Loan App?
- First of all, you have to go to the Google Play Store on your Android mobile. After opening Google Play, you have to search by writing the MSME Saathi app in the search bar.
- After searching, you can download this MSME partner app.
Procedure to Register Complaint after Downloading UP MSME Mobile App
- After downloading the mobile app, you need to install the mobile app.
- Now, you have to click on the menu bar option.
- After this, you have to click on the option of complaint details.
- Now, you have to enter the details of the reference.
- After this, you have to upload all the important documents.
- Now, you have to select the category of reference.
- After this, you have to click on the submit option.
- In this way, you will be able to file a complaint.
Reference filing process
- First of all, you have to visit the official website of MSME Sathi Yojana.
- Now, the home page will open in front of you.
- On the home page, you have to click on the option of Register Online.
- Now, you have to click on the option of Enter Reference.
- After this, you have to enter your username password, and captcha code.
- Now, you have to click on the option of login.
- After this, you have to click on the option Enter the reference.
- Now, a new page will open on your screen.
- On this page, you have to enter the information asked.
- Now, you have to click on the submit option.
- In this way, you will be able to enter the reference.
Process of reference status
- First of all, you have to visit the official website of MSME Sathi Yojana.
- Now, the home page will open in front of you.
- After this, you have to click on the option of Register Online.
- Now, you have to click on the option of reference status.
- After this, you will have to enter the login credentials.
- Now, you have to enter the reference number.
- The reference status will be on your computer screen.