Mukhya Mantri Mahila Udyam Nidhi Yojana (MMUNY)
The Mukhyamantri Mahila Udyam Nidhi Yojana (MMUNY) is an initiative of the Government of Uttar Pradesh aimed at encouraging women entrepreneurs in the state to establish or expand micro, small or medium enterprises. The purpose of the scheme is to provide financial assistance (primarily loans) to women residents of Uttar Pradesh for setting up new units or expanding existing ones, thereby promoting women’s entrepreneurship, employment generation and inclusive SME growth across the state. The benefit to you as an MSME is access to capital under favourable terms dedicated for women entrepreneurs in Uttar Pradesh.
Key Features
- Loan amount up to ₹10 lakh: This means you (as a woman entrepreneur) may apply for up to ₹10 lakh of financial assistance under MMUNY for setting up or expanding your enterprise.
- Interest rate 7-15%: The cost of borrowing under this scheme is relatively moderate (7-15 %) compared to typical market rates; exact rate may depend on project, bank partner, creditworthiness.
- Age and gender eligibility: Only female applicants (women) falling in the stated age bracket qualify, which ensures focus on women’s entrepreneurship.
- State-resident requirement: Since this is a scheme of the Uttar Pradesh government, you must be a permanent/current resident of Uttar Pradesh to benefit.
- For micro/small units: The scheme is designed for smaller business enterprises (micro/small rather than large factories) making it accessible to first-time entrepreneurs or small expansions.
Financial Assistance
Eligibility Criteria
Who Can Apply:
- Women applicants who are residents of Uttar Pradesh.
- Aged between 18 and 55 years.
- Must intend to start a micro or small business unit in manufacturing, services, or trade.
- Should not be a defaulter of any financial institution or government scheme.
- For partnership firms, the woman’s ownership must be at least 51%.
Who Cannot Apply:
- Male applicants or enterprises not majority-owned by women.
- Existing enterprises with overdue loans or defaulter status.
- Applicants already availing the same benefit under another government scheme.
Documents Required
- Aadhaar card / voter ID / domicile certificate
- Age and educational qualification proof (High School or equivalent)
- Caste certificate (if applicable)
- Detailed project report (DPR) or business plan
- Bank passbook / cancelled cheque
- PAN card / GST registration (if applicable)
- No-dues certificate from any financial institution
- Proof of ownership / lease agreement for business site
Application Process for the Scheme
Option 1: Apply with Bullit (Recommended)
Click here to start with guided support. Our team verifies eligibility, compiles documents, and handles application & follow-ups on your behalf. You can monitor progress while focusing on operations.
Recommended for: Women entrepreneurs seeking step-by-step assistance in business setup and loan facilitation.
Option 2: Apply via UPKVIB Portal
- Visit the official portal of the Uttar Pradesh Khadi & Village Industries Board
- Navigate to Mukhyamantri Mahila Udyam Nidhi Yojana (MMUNY).
- Register and fill the online application form with your personal, business, and financial details.
- Upload required documents (listed below).
- Submit for verification. The application is forwarded to banks for sanction.
- After approval, funds are released to your business account, with subsidy credited later.
Option 3: Apply via District Industries / Khadi Office
- Visit your local District Industries Centre (DIC) or Khadi & Village Industries Board office.
- Fill the offline form and submit with required documents.
- Officials verify eligibility and forward to banks for sanction under the scheme.
Power Combos with The Scheme