YUPY
Yuva Udyamita Protsahan Yojana
T
States / UT: Rajasthan
Department: Rajasthan Financial Corporation(RFC)
Nodal department: Rajasthan Financial Corporation(RFC)
Scheme for: Individual
Scheme profile
DBT (direct benefit transfer): No
Target beneficiaries: Entrepreneurs, Industrialists
Tags: Entrepreneurship, Financial Assistance, Youth, Loan Scheme, Rajasthan, Industry, Startups, Business, Support, Development, Subvention, Investment
Details
The Yuva Udyamita Protsahan Yojana is being implemented by the Rajasthan Financial Corporation (RFC) with the support of the state government to encourage young entrepreneurs and establish industries. This scheme covers industrial units and service sectors, including hotels (restaurants included), hospitals, and information technology. The loan amount can go up to Rs. 5.00 crore, with an interest subvention benefit of 6% on the initial Rs. 1.50 crore availed. The repayment period is up to 7 to 10 years, including a 12-month moratorium period.
Benefits
- - Financial assistance in the form of a loan
- Interest subvention at the rate of 6% on timely repayment of loan installments
- Loan disbursement according to asset acquisition
- Financial assistance in the form of a loan
- Interest subvention at the rate of 6% on timely repayment of loan installments
- Loan disbursement according to asset acquisition
Eligibility
Applicants must not exceed the age of 45 years. They should have an ITI/Diploma/Higher Secondary (10+1)/Senior Secondary (10+2) qualification.
Application Process
Online
- Constitute the firm/company and get it registered with the concerned authority.
- Identify/Select the project.
- Acquire a piece of land after selecting the site from RIICO or other concerned agency. If the land is agricultural, a conversion order for industrial purpose may be obtained from the competent authority.
- Prepare a project report.
- File the application for the loan in the prescribed format along with the requisite fee and required information/documents as detailed in the application form. The application form may be obtained from Branch offices situated throughout Rajasthan, HO at Jaipur, Public Relation Office, Bikaner House, Delhi.
- Attend the PC&CC / IPC meeting on receipt of information from the Corporation.
Documents Required
No document list is available for this scheme yet.
Official links
- https://jaipur.rajasthan.gov.in/scheme/detail/692
- https://jankalyanfile.rajasthan.gov.in/Files//Content/UploadFolder/Scheme/RFC/YUPY/DOC_692_f2be38fb-7d9c-48eb-8868-ae2721200fea.pdf
- https://jankalyanfile.rajasthan.gov.in/Files//Content/UploadFolder/Scheme/RFC/YUPY/DOC_692_de040c87-dccf-4927-8d20-a0d78ba545fe.pdf
- https://jankalyanfile.rajasthan.gov.in/Files//Content/UploadFolder/Scheme/RFC/YUPY/DOC_692_0139d702-3bb1-42e5-860a-f9182ed9e994.pdf
- https://jankalyanfile.rajasthan.gov.in/Files//Content/UploadFolder/Scheme/RFC/YUPY/DOC_692_d30fe5e7-5284-4d66-8ea5-a2676d7e664b.pdf
- https://jankalyanfile.rajasthan.gov.in/Files//Content/UploadFolder/Scheme/RFC/YUPY/DOC_692_25f05e00-003c-48e1-a09f-4faec1cd0cbf.pdf
- https://jankalyanfile.rajasthan.gov.in/Files//Content/UploadFolder/Scheme/RFC/YUPY/DOC_692_f4b57f03-fe5b-42da-be16-543f460fcf23.pdf
- http://industries.rajasthan.gov.in/content/industries/rfc.html/
References
Apply
Apply nowOpens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.
Documents Required for Government Schemes
Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:
- Aadhaar Card
- Income Certificate
- Caste Certificate (if applicable)
- Residence Proof
- Bank Account Details
- Educational Certificates (for student schemes)
How to Apply for Government Schemes?
The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:
- Check eligibility criteria
- Collect required documents
- Fill the application form
- Submit the application online or at the relevant office
- Track application status