MYSY Benefits for SC/ST Entrepreneurs
Higher Margin Money for SC/ST Applicants
SC/ST category applicants are eligible for a 30% margin money subsidy under MYSY, compared to 25% for the general category — subject to the same sector-wise caps (₹6.25 lakh for industry, ₹2.50 lakh for services).
What This Means in Practice
On a ₹15 lakh industrial loan, a general-category applicant would get ₹3.75 lakh margin money (25%), while an SC/ST applicant would get ₹4.5 lakh (30%) — a meaningfully larger reduction in the effective loan burden.
Documentation Needed
To claim the higher rate, you'll need a valid caste certificate along with the standard MYSY documents (domicile, age proof, education certificate, DPR, and the rest — see our full documents checklist).
Want help claiming the SC/ST margin money rate?
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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.