MYSY Eligibility 2026: Who Can Apply?
Eligibility Criteria
- Domicile: You must be a native/domicile resident of Uttar Pradesh.
- Age: Between 18 and 40 years at the time of application.
- Education: Minimum qualification is High School (10th) pass or equivalent.
- Employment status: You must not currently be employed in government or private service.
- Credit history: You must not be a defaulter with any nationalized bank, financial institution, or government body.
These are the baseline eligibility conditions checked before your application is forwarded for a District Working Group Committee interview. Meeting them gets you considered โ actual sanction still depends on your project report and the bank's assessment.
Who MYSY Is Best Suited For
MYSY is designed for educated young people who want to start a new manufacturing or service business but don't have enough capital of their own. There's no requirement to already run a business โ in fact, it's meant for first-time entrepreneurs.
Is there an income limit for MYSY?
The scheme does not state a specific family income ceiling in its core eligibility conditions โ the criteria center on age, domicile, education, employment status, and credit history.
Can a graduate or postgraduate apply, or only High School pass?
High School pass is the minimum qualification โ higher qualifications don't disqualify you, they simply meet (and exceed) the minimum bar.
Not sure if you meet MYSY's eligibility criteria?
ClaimDesk (a NorthStar Advisors brand) handles the paperwork end-to-end. The first conversation is completely free.
MSMEUP.com is independent information & tools โ 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 โ MSMEUP's guides and tools work the same with or without it.
Official portal: diupmsme.upsdc.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.