Mukhyamantri Alpasankhyak Udyami Yojana

Key Features

Financial Assistance

Component

Assistance Provided

Detailed Explanation (with Example)

Project Cost

Up to ₹10 lakh

If your project cost is ₹8 lakh, the scheme considers full ₹8 lakh for assistance.

Grant Component

50% (Max ₹5 lakh)

For ₹8 lakh project, ₹4 lakh will be given as grant. You don’t have to repay this amount.

Interest-Free Loan

Remaining 50%

In the same example, ₹4 lakh will be provided as interest-free loan, repayable as per guidelines.

Eligibility Criteria

Who Can Apply:

Who Cannot Apply:

Documents Required

Application Process for the Scheme

Option 1: Apply with Bullit, Recommended

Start instantly with our guided application support, where our team verifies eligibility, prepares documentation, and coordinates with the Industries Department on your behalf. Using our business loans and compliance calendar, you can track progress while focusing on project execution, we manage the application end-to-end.

Option 2: Apply with Official Portal of Bihar Industries Department

  1. Visit official Industries Department Bihar portal.
  2. Register with Aadhaar and personal details.
  3. Fill detailed application form including project information.
  4. Upload documents (caste certificate, domicile, education, bank details).
  5. Submit application before deadline.
  6. Receive application acknowledgement number.
  7. Track status online.
  8. Attend counselling/training if shortlisted.
  9. Sign agreement and receive fund disbursement.

Frequently asked questions

Who can apply for this scheme?

Any permanent resident of Bihar belonging to a notified minority community and meeting age and education criteria can apply. The applicant must propose a new enterprise and must not have previously received similar benefits.

What is the maximum financial assistance available?

The scheme provides assistance up to ₹10 lakh per beneficiary. Out of this, 50% is given as a grant and the remaining 50% is provided as an interest-free loan.

Is the grant amount refundable?

No, the grant component does not need to be repaid. Only the loan component must be repaid as per the repayment schedule prescribed by the department.

Can existing businesses apply?

No, the scheme is intended for setting up new enterprises. Existing operational units are generally not eligible for assistance under this scheme.

Is there any training requirement?

Yes, shortlisted applicants are required to undergo entrepreneurship development training before fund disbursement to ensure effective business management.

How is the selection process conducted?

Applications are scrutinised by the department. If applications exceed targets, selection may be conducted through a lottery system to maintain transparency.