MYSY – Mukhyamantri Yuva Swarojgar Yojana

MYSY core benefits

• 100% interest-free loan — the full interest component is paid by the State for the entire loan tenure.
• 5-year repayment with a 6-month moratorium before EMIs begin.
• No collateral up to the limits prescribed under MSME / CGTMSE norms.
• Disbursed through nationalised banks, RRBs, scheduled commercial and cooperative banks.

MYSY loan limits by sector & category

*Reserved category includes SC, ST, OBC, Minorities, Women and Persons with Disabilities (PwD).

Who is eligible for MYSY?

• Permanent resident of Rajasthan, aged 18–45 years.
• Minimum 8th pass (higher qualifications preferred).
• Valid Jan Aadhaar and Aadhaar card.
• Not a defaulter of any bank or financial institution.
• Should not have already availed a similar Central/State self-employment scheme.
• Eligible entities: Individuals, registered HUF, Society, Partnership Firm, LLP, Company and SHGs.

How to apply for MYSY

MYSY runs entirely online through the Rajasthan Single Sign-On (SSO) portal (sso.rajasthan.gov.in) as a 7-stage application: general information, personal details, address, business location, project details, bank details and document upload. After submission the case is verified by the District Industries Centre (DIC) and, on approval, forwarded to your chosen bank for disbursal.

Documents required

Aadhaar & Jan Aadhaar, Rajasthan domicile certificate, caste certificate (SC/ST/OBC), educational certificates, bank passbook, photograph, a Detailed Project Report (DPR) with cost estimate, proof of business location, PAN, and a self-declaration of not being a defaulter. We prepare the bank-grade DPR for you, typically within 24 hours of complete data.

Related: VYUPY Youth Scheme · BRUPY SC/ST guide · RIPS 2024 guide.