What is Udyog Aadhar Memorandum ?

With this Article we are talking about What is udyog aadhaar or udyog aadhaar memorandum, we aim to provide you full knowledge about Udyog aadhar, It meaning , benefits, registration process and all about udyog aadhar memorandum.

What is Udyog Aadhar ?

Earlier Udyog Aadhar was known as SSI Registration or MSME Registration. Udyog Aadhar was Launched by Our MSME Ministry on September 2015 with the aim to Provide Aadhar card Like Unique Identity to Micro , Small and Medium Enterprise. But why was udyog Aadhar Formed, Answer to this is simple because before udyog Aadhar , Small and medium enterprises use to get registration under SSI And Msme Registration in India , where the process of registration was very long and time consuming as the applicant firm used to Fill Em-1 And Em-2 form and also have to fill 11 different type of forms.

Now with Introduction of Udyog Aadhar , you have to furnish your Aadhar card details and your name . And verify One time Password and fill One page form Stating your Enterprise Name, Type of Organization, postal address , Date Of Commencement, Bank Details , Major Activity, NIC Code, Bank Details etc.Udyog Aadhar Is One Page Form , Udyog Aadhar Certificate is Sent directly to your Registered Email Id and Udyog Aadhar is in form of a certificate that has 12 alphanumeric Registration number situated on top of Certificate that denotes that a Small and Medium business is registered entity in India.

What Is Udyog Aadhar Memorandum ?

Uam or Udyog Aadhar Memorandum Is Registration Form That Is Single page and In this form The MSME Unit Unit will declare bank account details, promoter/owner’s Aadhaar details and other information that is required. Udyog Aadhar is filled by the MSME unit on Self Declaration and no Supporting document is Required to Be uploaded , but if there is any case then Officers or authorized person from State and Central Government can ask For Documents.

What are the benefits of Udyog Aadhar ?

1. The Advantages of Udyog Aadhar Are as Follows :
2. You can Apply for Collateral free loans and Loans CGTMSE Scheme Of Government.
3. You will get exemption when you apply for Government Tenders
4. You will get Exemption under Excise scheme, Ips Subsidy and You will recieve Concession on Electricity Bills.
5. You will get exemption under Direct Laws.
6. It will be very easier for you to register and obtain license if you have Udyog Aadhar registration.

What is The process of Applying for udhyog aadhar ?

The Registration for udhyog aadhar takes Place online. To Register For udhyog aadhar all you have to do is visit This udhyog aadhar link. After you have opened this link You have to enter Your Aadhar and Name and click on Validate and generate Otp. After clicking This you will recieve a otp on your mobile number as provided in Aadhar card . You need to enter to Complete Validation Process.

After You Have completed validation process , A Single page form Will appear infront of you where You have to fill Name of The enterprise, major activity of enterprises whether service or manufacturing , Bank Details, Mobile number, Email id , postal address , Nic code, type of organization etc..

After you have filled these details Click on Submit and otp will be recieved on mobile number that is linked with aadhar card.enter the Otp for Completion of Udyog Aadhar.

Conclusion

Udyog Aadhar Registration Is simple Process , where everything is done Using Online mode and Udyog Aadhar Certificate will be received By you in email Id. If your Business belongs to Small and Medium enterprises then You Must Get udyog Aadhar to become eligible for schemes by government that will provide you assistance in running your Business successfully.