Some of the benefits available post registrations under Udyam aresummarized below. Apart from those listed below, there are many other benefits provided by the different govt. bodies for specific industries.
- After registering under Udyam, the applicant will receive the benefits of all the government schemes such as an easy loan, loan without guarantee, loans with subsidized rates of interest etc.
- The applicant will receive financial support for participating in foreign expos to showcase their products.
- Registration would facilitate hassle-free opening of current bank accounts in the name of the business.
- It would also allow businesses to apply for government micro business loans and other such related beneficial schemes.
With the recent thrust on development of MSMEs by Govt of India, registration under Udyam has become very important. The primary reason is the ability to avail the benefits being provided by the Govt.
