Why Udyam is So Important for MSME: Read below carefully.

 Why Udyam is So Important for MSME: Read below carefully.

• Eligibility for government tenders advertised and submitted electronically via the Central Public Procurement Portal. 
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• Collateral-free bank loans. 

  
  
• Exemption from overdraft interest rates. 
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• Eligibility for industrial promotion subsidies. 
• Low electricity bills. 

  
  
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• Reimbursement of ISO certification fees. 
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• Necessary to obtain loans from banks and benefits provided under various schemes to MSMEs. 
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• Certifies that an enterprise is covered under the MSME category. 
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• Simplifies the registration process to provide access to schemes and enhance credit facilitation. 

To Free Udyam Certificate for All MSME, follow these steps:

Visit the Udyam Portal: Go to https://udyamregistration.gov.in/.

Enter Details: Click on "For new entrepreneurs who are not registered yet as MSME or those with EM-II." Enter your Aadhaar number and name, then click "Validate & Generate OTP".

Validate OTP: Enter the OTP received on your Aadhaar-linked mobile number and proceed to PAN verification.

Fill the Form: Enter the type of organization, PAN number, and other required details about your enterprise, such as:

Business Name : XYZ

Business Type (Proprietorship, Partnership, Private Limited, etc.)

Bank Details (Account Number and IFSC Code)

NIC Code (National Industrial Classification Code)

Investment and Turnover Details

Submit and Receive Certificate: After submitting the form, you will receive the Udyam Registration Certificate via email. This certificate is permanent and does not require renewal.

Key Points:

No Fees: Udyam registration is free.

Aadhaar and PAN: Both are mandatory for registration.

Single Certificate: One certificate is issued for all activities of the enterprise.

Benefits of Udyam Registration:

Government Schemes: Eligibility for various government schemes and subsidies.

Priority in Government Procurement: Preference in government tenders.

Easy Access to Credit: Simplified access to loans and credit facilities.

If any Querry Please comments below.