Which scheme is right for you? โ Compare Schemes
A side-by-side look at the five most commonly confused self-employment/loan schemes. All figures are drawn from this site's own scheme guides โ read the full guide for the complete picture before applying.
Not sure which fits? Try the Scheme Finder instead โ answer a few questions and get a ranked match.
| CM-YUVA | MYSY | PMEGP | ODOP Margin Money | TUS | |
|---|---|---|---|---|---|
| Maximum benefit | โน5L interest-free loan | โน25L (industry) / โน10L (services) loan + 25% margin money | 15โ35% margin money subsidy (mfg โคโน50L, services โคโน20L) | Up to 25% margin money subsidy | Up to 50% of machinery cost |
| Who it's for | New business, age 21โ40 | New business, educated youth, age 18โ40 | New business, any age (per this site's guide) | Manufacturing/trading, your district's ODOP product | Existing units buying new machinery |
| New or existing business | New only | New only | New only | Either | Existing only |
| Interest on loan portion | โ Interest-free | โ Normal bank interest | โ Normal bank interest | โ Normal bank interest | N/A โ not a loan scheme |
| UP-specific | โ | โ | โ All-India (Govt. of India) | โ | โ |
| Can combine with the others? | Generally no โ pick one self-employment loan scheme per project (per each scheme's own FAQ). TUS is different in kind (machinery subsidy for an already-running unit) and can potentially sit alongside a scheme you used earlier to start the business. | ||||
| Full guide | Read โ | Read โ | Read โ | Read โ | Read โ |
This table is a starting-point summary, not a substitute for each scheme's full guide or its official notification โ rates, caps and eligibility conditions change over time.