Paisabazaar Logo - Compare loans and credit cards

Udyam Registration

Udyam registration is the modern system for MSME registration that has replaced the older Udyog Aadhaar. MSMEs can register themselves on the Udyam portal free of cost based on self-declaration, with a lifetime validity and avail government benefits and other privileges. MSMEs can seek assistance from Paisabazaar for registering or migrating to the Udyam Portal.

Apply Business Loan Online

Rupee IconLowest Interest Rates
4.5/5

15.5L Reviews

51M+Satisfied Customers
65+Lending Partners
800+Cities across India

Paisabazaar Exclusive Benefits

Paisabazaar Exclusive Benefits

Icon image of Best Loan Offers

Best Loan Offers

Curated Offers from 20+ Lenders

Icon image of Unsecured Loan

Unsecured Loan

Term Loan & OD Facilities Available

Icon image of Expert Advice

Expert Advice

Guidance & Assistance

Icon image of Top Up Facility

Top Up Facility

Loan to Get Additional Funds

Illustration

Find Best Business Loan Offers

Sort by:

HDFC Bank
Max Loan Amt.Upto 75L
Rate of Interest16% - 28%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
Axis Bank
Max Loan Amt.Upto 75L
Rate of Interest11.5% - 19%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Max Loan Amt.Upto 2Cr
Rate of Interest11.75% - 26%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
Why Choose Paisabazaar?
image of Compare & Choose the <strong>Best Offer</strong>

Compare & Choose the Best Offer

image of Pre-approved Offers with <strong>Instant Disbursals</strong>

Pre-approved Offers with Instant Disbursals

image of Know Your <strong>Chances of Approval</strong>

Know Your Chances of Approval

image of End-to-End <strong>Digital Process</strong>

End-to-End Digital Process

How Can I Apply for a Business Loan Online?

Get up to 1 Crore in 5 Simple Steps

Step 1: Enter your mobile number in the application form.

Step 2: Enter OTP to verify your mobile number.

Step 3: Provide your personal details.

Step 4: Select a bank account for account aggregator consent.

Step 5: Compare offers and apply for the best-suited loan.

What is Udyam Registration?

Udyam Registration is a government registration system that provides official recognition to MSMEs (Micro, Small, Medium Enterprise) and provides government benefits, such as easier loans, subsidies and protection under MSME laws. The process is free of cost, paperless and based on self-declaration. No documents are required for Udyam registration apart from Aadhaar and PAN.

Benefits of Udyam Registration

Udyam registration is a permanent registration and basic identification number of an enterprise. An enterprise registered on the Udyam portal can avail the following benefits:

  • No need for renewal of registration.
  • All the activities, including manufacturing and service,s may be added in one registration.
  • MSMEs can avail the benefits of Schemes of the Ministry of MSMEs, such as Public Procurement Policy, Credit Guarantee Scheme, protection against delayed payments and additional edge in government tenders.
  • MSMEs become eligible for priority sector lending from banks and can apply for business loans with fewer hassles for quick approval.

Who is Eligible for Udyam Registration?

Based on Investment and Turnover

Enterprise Category Investment (Rs.) Turnover (Rs.)
Micro Up to 2.50 crore Up to 10 crore
Small Up to 25 crore Up to 100 crore
Medium Up to 125 crore Up to 500 crore

Based on Type of Business Entity

  • Proprietorship
  • Partnership
  • LLP
  • Private Ltd. / OPC / Public Ltd.
  • Traders & Service providers

Swipe to see more table data

Documents Required for Udyam Registration

MSMEs need not upload any documents for Udyam Registration. The registration process only requires PAN and Aadhar of the entities. The documents required for Udyam Registration are mentioned below:

  • Registration form provided on the Udyam registration portal.
  • Aadhar Number of the proprietor in case of a proprietorship firm, managing partner in case of a partnership firm and Karta in case of a Hindu Undivided Family (HUF).
  • GSTIN and PAN alongwith Aadhar card of the organisation or an authorised signatory in case of a Company/Limited Liability Partnership/Cooperative Society/Society/Trust.

Avail Business Loan For
All Your Needs

Avail Personal Loan Banner

Step-by-Step Udyam Registration Process

For new entrepreneurs who are not yet registered as MSMEs or those with EM-II:

  • Visit the government portal of Udyam registration.
  • Enter your Aadhar number.
  • Enter the ‘Name of Entrepreneur’ as per the Aadhaar Card.
  • Click on the tick mark for the declaration and click on ‘Validate and Generate OTP’.
  • Enter the OTP sent to your registered mobile number for verification and click on the Validatebutton.
  • After Aadhaar verification, provide other relevant details, such as:
    • Type of Organisation (for example, partnership)
    • PAN Card- Yes/No. If yes, enter the PAN Number
    • Tick the declaration and click onValidate. Your PAN will be verified.
  • You need to mention more relevant details, such as:
    • Have you filed the ITR for the previous year- Yes/No.
    • Do you have GSTIN - Yes/No.
  • In case the entrepreneur does not have a valid PAN Card, then he/she has to enter the ‘Name of the Entrepreneur’.
  • Enter the mobile number and email address.
  • Enter the social category, gender, specially abled (yes/no), name of the enterprise, name of the plant or the unit.
  • Enter the location of Plant(s) and the official address of Enterprise.
  • You also need to enter the previous EM-II/UAM registration number, the status of the enterprise, bank details, the major activity of the unit, the National Industrial Classification (NIC) Code for Activities, number of persons employed in the enterprise.
  • Enter the investment in plant and machinery, turnover and other important details as mentioned in the image below.
  • Once done, tick the declaration and click on the ‘Submit and Get final OTP’ button.
  • Once again, enter the OTP on your registered mobile number. Your Udyam registration will be completed.

To Migrate to Udyam (Re-Register)

For those who are already registered with EM-II or Udyog Aadhaar

  • Visit the official portal of Udyam Registration.
  • Click on the ‘You can Migrate to Udyam (Re-Register) here’.
  • Enter your Udyog Aadhaar Number and select the OTP options, such as OTP on Mobile as filled in UAM or OTP on email as filled in UAM.
  • Click on ‘Validate and Generate OTP’ and enter the OTP received on your registered mobile number.
  • Your Udyog Aadhaar Number will be validated.
  • Fill in the required information and complete the process.

Note: Once the process is completed, the Udyam registration certificate is issued online. The certificate is provided with a dynamic QR code that can be used to access the portal web page and details of the enterprise.

How to Download Udyam Registration Certificate

You can download the Udyam certificate from the official portal by following the steps mentioned below: 

  1. Go to “Print/Verify” and click on “Print Udyam Certificate”. 
  2. Enter the required information and generate the OTP. 
  3. Enter the OTP and click on “Validate OTP and Login” to download the PDF.

Udyam Registration Fees and Validity

  • Udyam registration is free of cost.
  • The registration has lifetime validity and does not require renewal.

Common Mistakes to Avoid During Udyam Registration

  • Provide the correct PAN and Aadhaar details
  • Provide only Aadhaar-linked mobile numbers
  • Provide the correct business classification
  • Select the relevant NIC code for business activity
  • Incomplete application form or inaccurate data can lead to rejection

How Can I Apply for a Business Loan Online?

Get up to 1 Crore in 5 Simple Steps

Step 1: Enter your mobile number in the application form.

Step 2: Enter OTP to verify your mobile number.

Step 3: Provide your personal details.

Step 4: Select a bank account for account aggregator consent.

Step 5: Compare offers and apply for the best-suited loan.

Avail Business Loan For
All Your Needs

Avail Personal Loan Banner

FAQs

Udyam registration is free online system of providing official recognition to MSMEs based on self-declaration. The registration has lifetime validity, and no renewal is required.

Udyam registration is the modern system of MSME registration. The process has replaced the older system of MSME registration, such as Udyog Aadhaar and EM-II, for accessing government benefits.

You can apply for Udyam registration online on the official portal of Udyam registration udyamregistration.gov.in.

Udyam registration portal is a free portal directly affiliated by the Indian government for registering the MSMEs.

Yes, Udyam registration is free of cost.

Udyam registration requires only the Aadhar and PAN numbers of the entrepreneurs. No other documents are required to be uploaded.

Micro, small and medium enterprises are eligible for Udyam registration. Additionally, business entities such as Proprietorship, Partnership, LLP, Private Ltd / OPC / Public Ltd. and Traders & Service providers are also eligible for the registration process.

Freelancers who qualify for the investment and turnover criteria can register under Udyam. Freelancers usually register under sole proprietorship to access government benefits such as loans and other support.

Udyam registration is free of cost with lifetime validity. The process is based on self-declaration. Udyam-registered MSMEs can avail government benefits such as easier loans, subsidies, etc.

Udyam registration is valid for lifetime. It requires no renewal.

Yes, you can update or modify Udyam registration details on the official portal of Udyam registration by clicking on the “update details” option.

In case your Udyam registration gets rejected, you can re-register on the Udyam registration government portal.

quotes icon

What our customers say

Loan approval ke chances dikhate h

Paisabazaar se business loan lo toh pata rehta h ki kaha loan approval ke chances jada hai. Isse thoda tension kam jata h rejection ka. Acha feature hai.

icon image of avatar
Sobhit GuptaJan 5, 2026

Advisors bohot ache the

Business loan thoda confusing hota h. Advisors ne sahi guide kiya. Thanks you.

icon image of avatar
Prakash MishraJan 4, 2026

Trusting platform

I take business loan from Paisabazaar two months before. very nice experience. No jhamela, only good work done. Thank you

icon image of avatar
Priya ShawDec 30, 2025

Chote business ke liye bhi loan mila

Chote businesses ko loan milne mai dikkat hoti hai lekin yaha mil gaya. Thank you for helping small business also. Good job keep it up.

icon image of avatar
Rupesh SharmaDec 29, 2025

Quick and easy steps

Business loan apply karne se pehle yeh sochke dar lagta tha ki bohot mehnat lagegi. Lekin mai toh surprise hi hogayi Paisabazaar ka simple or easy steps dekh ke. Itna smooth process tha ki bikul hi samjh nhi aaya kab loan approve hua or kab account mai paise agaye.

icon image of avatar
Ishita SinghDec 28, 2025

Good Loan Mila

I appyled for business loan for my boutique. Proper Help given in the process. Always ready to help people. Very good experience. Will tell all to take loan only from here.

icon image of avatar
Sarmistha RoyDec 26, 2025

Service Quick hai inki

Mai isse soch mai tha ki business loan approval hone mai bohot time lagta hai. Paisabazaar pe jab apply kiya toh approval quick milla. I am really impressed. Good job. Businesses ke liye jaldi funds milna bohot zaruri hota hai.

icon image of avatar
Rajiv GuptaDec 26, 2025

Business Loan ki samjh pakki hai

Business loan thoda complex hota hai as compared to personal loan, lekin inki sales team or advisors mai bohot achi pakad hai. Aise logo se loan lena bhi acha lagta hai.

icon image of avatar
Suraj RawatDec 25, 2025

Time bacha

Business ke saath bank ke chakkar possible nahi the. Yahan pe mostly kaam online ho gaya. Time bhi bacha aur kaam bhi ho gaya.

icon image of avatar
Vinay PatilDec 24, 2025

Humesha inse hi loan liya

Jab se pehli baar try kiya tha tabse ab tak jab bhi muhje ya kisi mere dost ko loan ki zarurat padi hai toh Paisabazaar se hi business loan liya hai. Inke platform pe saare ache lenders mil jaate hai, kahi or jaane ki zarurat hi padti. Time or mehnat dono bachti hai.

icon image of avatar
Akshat PandeyDec 24, 2025
View All Testimonials
Sumit Kumar profile
Written ByLinkedIn icon
Sumit Kumar
Shamik Ghosh profile
Reviewed ByLinkedIn icon
Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers