CM-YUVA vs PMEGP: Which Should You Choose?
| CM-YUVA | PMEGP | |
|---|---|---|
| Run by | UP State Government | Central Government (KVIC) |
| Maximum loan | âš5 lakh (Phase 1) | âš50 lakh (mfg) / âš20 lakh (service) |
| Interest | 100% interest-free (govt. pays interest) | Normal bank interest |
| Subsidy type | Margin money "on a portion of cost, as per rules" (no fixed %) | Fixed slab: 15â35% depending on category/area |
| Age limit | 21â40 | 18+, no upper limit |
| Guarantee | CGTMSE cover, no collateral | Collateral-free up to the CGTMSE limit |
Which to Pick
For a small project (well under âš5 lakh) where avoiding interest matters most, CM-YUVA's 100% interest subvention is hard to beat â you repay only the principal. For a larger project, or if you fall outside the 21â40 age band, PMEGP's higher ceiling (up to âš50 lakh) and clearly published subsidy slabs make it the more predictable choice. You generally can't combine both on the same unit.
Use the CM-YUVA interest savings calculator or the PMEGP calculator to estimate your numbers on each.
Can I apply to both and see which sanctions first?
You can explore both, but once you avail margin money or interest subvention on one for a given unit, you generally can't also claim the other on the same unit.
Which has simpler eligibility?
PMEGP has no upper age limit and a broader project scope; CM-YUVA is age-restricted (21â40) but doesn't require the EDP training PMEGP mandates before loan release.
Not sure which fits your project?
ClaimDesk (a NorthStar Advisors brand) handles the paperwork end-to-end. The first conversation is completely free.
MSMEUP.com is independent information & tools â free, and not run by any consultancy. ClaimDesk is a separate, private consultancy (a NorthStar Advisors brand) for those who want professional filing help; its fee is for that service, not a government charge, and using it is entirely optional â MSMEUP's guides and tools work the same with or without it.
Official portal: msme.up.gov.in Last reviewed: Aug 2026
This page summarizes publicly available scheme information. For the current official notification, application form and exact eligibility conditions, always confirm on the portal above before applying or filing a claim.