Udyam Registration (formerly Udyog Aadhar) is the Government of India's official MSME registration under the Ministry of MSME. Registration is completely free and gives your business a unique Udyam Registration Number (URN) β the key to a world of government support, subsidies, priority bank lending, and market access.
Whether you are a small shop owner, a manufacturer, a service provider, or a startup β if your investment and turnover fall within MSME limits, you should register under Udyam. Best Financial Services completes your registration within 24 hours and also advises you on all benefits you become eligible for.
Benefits of Udyam Registration
Priority Sector Lending β Banks are mandated to lend a portion of their credit to MSMEs at competitive rates
CGTMSE Benefits β Access to collateral-free loans up to βΉ2 Crore under Credit Guarantee Fund
Interest Subvention β 1β2% interest rate reduction under government MSME schemes
Government Tenders β Reservation for MSMEs in government procurement; exemption from EMD (Earnest Money Deposit)
Delayed Payment Protection β Under MSMED Act, buyers must pay MSMEs within 45 days; else penal interest applies
State Government Subsidies β Maharashtra MSME Policy offers subsidies on electricity tariff, stamp duty, and more
Technology Upgradation Schemes β Access to CLCSS (Credit Linked Capital Subsidy) for technology modernisation
ISO Certification Reimbursement β Government reimburses ISO certification fees for MSMEs
Export Promotion β Access to MSME Export Promotion schemes and trade fairs
Ease of Registration β Single-window clearance benefits in many states
π MSME Classification (Udyam 2020 onwards)
Category
Investment in Plant & Machinery
Annual Turnover
Micro Enterprise
Up to βΉ1 Crore
Up to βΉ5 Crore
Small Enterprise
Up to βΉ10 Crore
Up to βΉ50 Crore
Medium Enterprise
Up to βΉ50 Crore
Up to βΉ250 Crore
*Both investment AND turnover criteria must be satisfied. If either exceeds the limit, the business moves to the next category.
Key Maharashtra MSME Schemes (2024β25)
Maharashtra MSME Policy 2019 β Capital subsidies, interest subsidies, electricity tariff concessions for new and expansion projects
Mahaswayam / Employment Guarantee Scheme β Self-employment and skill development for youth entrepreneurs
CMEGP (Chief Minister's Employment Generation Programme) β Margin money subsidy for new MSME projects in Maharashtra
MIDC Industrial Areas β Preferred allotment of MIDC plots for Udyam-registered MSMEs
Technology Upgradation Fund (TUF) β Interest subsidy for textile and apparel MSMEs
Udyam Registration Process
Step 1: We collect your Aadhar and PAN details and business information
Step 2: We access the official Udyam Registration Portal (udyamregistration.gov.in)
Step 3: OTP verification using your Aadhar-linked mobile number
Step 4: Business details filled and submitted β completely online, paperless
Step 5: Udyam Registration Certificate issued instantly with unique URN
Step 6: We explain all benefits and schemes you are now eligible for
Documents Required
Aadhar Card of Owner / Promoter
PAN Card of Business
Mobile linked to Aadhar (for OTP)
Business Bank Account Details
Business Address Information
NIC Code of Business Activity
Investment in Plant & Machinery value
Annual Turnover figure
Frequently Asked Questions
Yes, completely free. The Government of India provides Udyam Registration at no cost on the official portal (udyamregistration.gov.in). We charge a nominal service fee for our assistance, advisory, and documentation support β but the registration itself is free from the government.
No. Once registered, your Udyam Registration is permanent. However, you must update your details annually (turnover and investment figures) based on your audited financials. If your business grows beyond MSME limits, you are required to update your category accordingly.
Yes. All old Udyog Aadhar registrations have been migrated to the new Udyam platform and old UAMs (Udyog Aadhar Memoranda) are no longer valid after 31st March 2021. If you have an old UAM, you need to re-register on the Udyam portal. We assist with this migration at no extra charge.
Yes. Udyam Registration is open to all types of enterprises β manufacturing, services, and trading businesses β as long as their investment and turnover fall within MSME limits. All three sectors are eligible for the benefits.
π Register in 24 Hours β Completely Hassle-Free
We have helped 500+ businesses in Amravati and Vidarbha register under Udyam and access government benefits. Call us today and get your Udyam Registration Certificate within 24 hours β along with a personalised list of all schemes and subsidies your business qualifies for.
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Key Details
CostFree (Govt. Portal)
Registration Time24 Hours
ValidityPermanent
RenewalAnnual Update
Scheme Access200+ Schemes
CGTMSEEligible
MaharashtraState Subsidies
Portaludyamregistration.gov.in
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