Major Benefits of Having Udyog Aadhaar Certificate

Get 100% Collateral Free loans from all banks in India in both nationalised and private banks by showing lifetime valid Udyog Aadhaar Registration.

Reduction in interest rates from all banks in India.

1% exemption on interest rate on Over draft bank account on your business name.

Worldwide Special consideration to put stalls on International Trade fairs.

Special Subsidy in Bar Code Registration process.

Huge Waiver in Security Deposit in Government Tenders and Departments.

Concession in Electricity bills by producing Udyog Aadhaar Certificate to the Electricity department.

Reimbursement of ISO Certification for the Udyog Aadhaar registered business in both service and manufacturing industry.

NSIC Performance and Credit ratings will be provided.

50% subsidy for Patent registration for your invention on the business name or business owner name.

Benefits from State Governments
Most states offer those who’ve registered under the MSMED Act and having Udyog Aadhaar Registeration Certificate subsidies on power, taxes and entry to state-run industrial estates. In particular, there is a sales tax exemption in most states and purchase preference on goods produced.

Support services provided by State governments for the business registered with Udyog Aadhaar department:

Extended credit facilities for both service and manufacturing unit upto Rs.10 crores.

Industrial extension support and services for the industries.

Clear support availability of developed sites for warehouse construction all over India.

Udyog Aadhaar units can avail the training facilities provided in the department of MSME.

Hire-purchase of machineries for use in MSME for free or in consession rate per hour.

Helping hand in marketing in India and around the world for all industries registered with Udyog Aadhaar department for Import and Export processes.

Industries Construction Assistance in underdeveloped areas for the registered units.

Technical and capital consultation and assistance in deal for enhancement of technology in Udyog Aadhaar.

Benefits of having Udyog Aadhaar Registeration
By having the Udyog Aadhaar certificate, any business can apply and get many benefits and subsidies from various government departments including Electricity and also it is very important in tender application process.

Benefits from Central Government in having Udyog Aadhaar certificate
The central government announces schemes to benefit MSMEs department registered business who having Udyog Aadhaar certificate majorly as the credit guarantee scheme.

Credit Guarantee Scheme (CGTMSE)
One of the major struggles that the micro, small and medium scale industries face is credit and input of income from various sources to support to grow the business.

The Credit Guarantee scheme introduced to support MSME units which has Udyog Aadhaar certificate comes with modifications to make it more beneficial for small traders:

The salient features of the scheme include:

1. Certificate holders can enjoy the enhancing the eligibility loan from Rs. 25 lakhs to Rs. 50 lakhs.

2. The Udyog Aadhaar department reduced the one time guarantee for loans availed of by the MSME in North-Eastern region of India from 1.5% to 0.75%.

3. Major increase in the extent of guarantee cover from 75% to 80%

4. If the owner of the business is Women operated in the Micro, small and medium enterprises, then special consideration will be given

5. Micro enterprises loans upto Rs. 5 lakhs and can be increased based on the business model.

6. MSME Loans obtained in North Eastern region of the country after registering and get Udyog Aadhaar certificate

Benefits from Banks in India for Having Udyog Aadhaar Certificate:
All banks and other financial institutions recognize Udyog Aadhaar Certificate and created major schemes. This usually includes priority sector lending, which means that the likelihood of your business being loan sanctioned loan is high with lower bank interest rates. There may also be preferential treatment in case of delay in loan repayment.

Tax Benefits for the Udyog Aadhaar Certificate holders:
Depending on your type of industry or business, you may enjoy an excise exemption scheme as well as exemption from certain direct taxes in the initial years of your business. More priority will be given on tax returns filling for the Udyog Aadhaar Certificate holders.

FREQUENTLY ASKED QUESTIONS

What is MSME?
MSME is the short form for Micro Small Medium Enterprises.
Curently the ministry of MSME is distributing the certificate in the name of Udyog Aadhaar registration. Ther is an ACT called as MSMED Act, also Micro, Small and Medium Enterprises Development Act, 2006 for the growth of the small business upto the investment for 10 crores in manufacturing sector and 5 crores in case of service industries. There are major benefits is been scheduled for the businesses in India to enjoy by registering their business with Udyog Aadhaar by MSME department.

What is Udyog Aadhaar Registration ?
In 2015, MSME department changed the name of the MSME certificate as Udyog Aadhaar certificate with the unique reference number of UAN number. So the MSME certificate and Udyog Aadhaar certificate are same.

What are the documents required for Udyog Aadhaar Registration?
Udyog Aadhaar Registration is a online process to get the certificate, Simply fill the form and attach Aadhaar card which is enough to register and get Udyog Aadhaar Registration certificate.

Is Aadhaar Number mandatory for Udyog Aadhaar Registration?
Yes, Aadhaar number is mandatory for doing online Udyog Aadhaar registration.

Does new and existing business can apply for Udyog Aadhaar Registration ?
Yes, both new and existing business can apply for Udyog Aadhaar Registration and get the certificate online in their email address.

Contact Us

MSMERegister.org
Use this website only to register or update MSME or Udyog Aadhaar Certificate.
For any schemes or Training related queries please reach the MSME office in your city.

info@msmeregister.org
Support:+91 9962760417