LoanDepartment of MSME and Export Promotion, Government of Uttar PradeshVerified 25 May 2026Official source

Uttar Pradesh Financial Corporation — MSME Term Loan

The Uttar Pradesh Financial Corporation offers MSME term loans and financial assistance under state promotional schemes. Eligible enterprises can access loans ranging from ₹50,000 to ₹5 Crore, with interest subsidies for women, SC/ST entrepreneurs. Collateral is supported by the CGTMSE scheme.

Maximum amount

₹5.0Cr

Typical payout

₹50.0L

Processing time

4–8 weeks

Application window

Open year-round

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Eligibility criteria

Company type: Private Limited, LLP, Proprietorship, Partnership Firm
Stage: Early Stage (Revenue < ₹1Cr), Growth Stage (₹1Cr–₹25Cr)
States: Uttar Pradesh
Sectors: manufacturing, food_processing, textile, leather, chemicals, engineering, agritech, other
Prerequisites: Udyam (MSME) registration required

Documents required

Udyam Registration Certificate

Mandatory to claim state MSME status.

Tip: Register on the Udyam Registration Portal to obtain this certificate.

Aadhaar Card

Part of the KYC of Promoters. Mandatory for identity verification.

Tip: Ensure your Aadhaar details are up to date.

PAN Card

Part of the KYC of Promoters. Necessary for financial transactions and identity verification.

Tip: Check for any discrepancies and update if necessary.

Business PAN Card and GST Registration Certificate

Essential for tax purposes and business identity verification.

Tip: Register for GST if not already done, and ensure your Business PAN Card is accurate.

Audited Balance Sheets and Profit & Loss Statements

Financial data for the last 2–3 financial years required to assess financial health.

Tip: Engage a Chartered Accountant to prepare these documents.

Bank Statements

Income/current account statements for the past 6 to 12 months to review transaction history.

Tip: Ensure statements are accurate and up to date from your bank.

Detailed Project Report (DPR)

A business plan detailing the project layout, technical specs, machinery costs, and employment generation capacity.

Tip: Provide clear and detailed projections and specifications to enhance credibility.

Partnership Deed or Memorandum and Articles of Association (MoA/AoA)

Required for LLPs and Private Limited firms to verify the legal structure.

Tip: Ensure these documents are registered and updated as per legal requirements.

Land/Building Documents

Lease agreement, rent deeds, or land allotment letters for the factory plot.

Tip: Keep documents clear and ensure they are legally binding and registered.

Quotations for Plant/Machinery

Valid price invoices and quotations for the plant/machinery being financed.

Tip: Obtain updated and legitimate quotes from verified suppliers.

Pollution Control / NOC

Environmental clearances if setting up a chemical or manufacturing plant.

Tip: Contact local pollution control authorities to obtain the necessary clearances.

Caste / Domicile Certificate

Needed explicitly to unlock the extra 5% to 10% margin subsidies for SC/ST or women entrepreneurs.

Tip: Obtain from your local municipal office or government portal.

How to apply for UPFC Loan

Submit your scheme-specific baseline details via MSME1Connect Uttar Pradesh.Open portal

Download the formal project file format directly from the Uttar Pradesh Financial Corporation (UPFC) policy and forms section.Open portal

Fill out the application form, link your bank, select your targeted district, upload your mandatory documents, and submit.

Frequently asked questions

Who is eligible for UPFC Loan?

UPFC Loan is available to Private Limited, LLP, Proprietorship, Partnership Firm companies at the Early Stage (Revenue < ₹1Cr), Growth Stage (₹1Cr–₹25Cr) stage, across Uttar Pradesh. Udyam (MSME) registration is required.

How much funding does UPFC Loan provide?

UPFC Loan provides up to ₹5.0Cr. Most applicants receive around ₹50.0L.

How long does UPFC Loan approval take?

The typical processing time from submission to disbursement is 4–8 weeks.

Is UPFC Loan currently accepting applications?

Yes, UPFC Loan is currently active and accepting applications. Application window: Open year-round.

Do I need Udyam registration for UPFC Loan?

Yes, Udyam (MSME) registration is required. Register at udyamregistration.gov.in before applying.

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Information is based on publicly available scheme guidelines. Last verified 25 May 2026. Always verify with official sources before applying.