MSME Udyam Registration: Benefits & Process

एमएसएमई उद्यम रजिस्ट्रेशन के फायदे

6 min read
5 December 2024
HCS

Reviewed by HCS Expert Team

Updated on 5 December 2024

MSME Udyam Registration Guide

Udyam Registration (formerly MSME/SSI) is a free government scheme that provides multiple benefits to small businesses. Every business in Singrauli should have this.

MSME Classification (New Criteria)

CategoryInvestmentTurnover
Micro< ₹1 Cr< ₹5 Cr
Small< ₹10 Cr< ₹50 Cr
Medium< ₹50 Cr< ₹250 Cr

Benefits of Udyam Registration

  • 1. Collateral-free loans up to ₹1 crore
  • 2. Interest rate subsidy on bank loans
  • 3. Priority in government tenders
  • 4. 50% reduction in patent/trademark fees
  • 5. One-time settlement for NPAs
  • 6. Delayed payment protection — Interest from buyers
  • 7. Credit Guarantee Fund coverage
  • Online Registration Process

    Step 1: Visit udyamregistration.gov.in

    Step 2: Enter Aadhaar number of proprietor/partner/director

    Step 3: Verify via Aadhaar OTP

    Step 4: Fill business details:

    • Business name and type
    • PAN and GSTIN (if available)
    • Investment and turnover
    • NIC code (industry classification)
    Step 5: Submit and receive Udyam Registration Number (URN)

    Documents Required

    • Aadhaar Card (linked with mobile)
    • PAN Card (for investment > ₹10 lakh)
    • GSTIN (if registered)
    • Business details
    *Note: Udyam is completely based on self-declaration. No documents upload required.*

    Cost

    ServiceCharge
    GovernmentFREE
    HCS Assistance₹499

    Frequently Asked Questions

    Is Udyam registration free?
    Yes, government charges are completely free. HCS charges ₹499 only for assistance with form filling and guidance.
    Do I need GST for Udyam?
    GST is optional for Udyam registration. However, if you have GST, it will be linked to your Udyam.