UP Loan Mela 2020 for MSMEs: What’s Scheme, How to Apply & More FAQs
Updated on: 14 Dec 2021 // 4 min read // #mmm news
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Welcoming Centre’s big bang MSME restoration plan involving Rs 3 lakh crore credit guarantee for micro, small & medium enterprises (MSME), the Chief Minister of Uttar Pradesh has announced commencement of Online Loan Mela 2020 for the state’s MSMEs from May 14 to May 20, 2020.

Owing to restrictions imposed on movement due to COVID lockdown, the week-long LOAN FAIR will be held online from 14 May to 20 May. The The state is eying to disburse Rs 1,600-2,000 crore of loans to around 36,000 businesses classified as MSMEs through LOAN MELA.

The UP government had already issued detailed instructions for participation in the loan Mela by the micro, small and medium enterprises. All the loan application will be accepted through state’s MSME portal.

Existing MSME Classsification

Mfg. EnterprisesInvestment less than Rs. 25 LakhsInvestment less than Rs. 5 Cr.Investment less than Rs. 10 Cr.
Service EnterprisesInvestment less than Rs. 10 LakhsInvestment less than Rs. 2 Cr.Investment less than Rs. 5 Cr.

Revised MSME Classification


Manufactoring & Services

Investment less than Rs. 1 Cr. & Turnover less than Rs. 5 Cr.

Investment less than Rs. 10 Cr. & Turnover less than Rs. 50 Cr.

Investment less than Rs. 20 Cr. & Turnover less than Rs. 100 Cr.

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The government has also said that more than 20,000 applications for the MSME loans were received before the lockdown. As the process is online now, the processing of loans will be fast. The loans will be disbursed through participating banks.

Loan Mela will ease of liquidity crunch caused to the state’s millions MSME units which are distressed due to financial disruptions caused amidst the spread of COVID 19 pandemic. This will save employment opportunities during these difficult times. Many foreign investors are also willing to invest in MSME sector in UP.

The CM Yogi Adityanath gave a simple Mathematical calculation to share the benefit of supporting the MSMEs amidst the difficult times of covid lockdown. The CM said UP has a total of 90 lakh registered and unregistered MSME units and if only 1 employment opportunity is created there will be 90 lakh more jobs in the state.  Thus State’s flagship scheme of ‘One District, One Product’ will be promoted, for instance leather in Kanpur and Banarasi silk in Varanasi.

UP MSME Loan Mela: At Glance

Project/ Scheme

UP Online Loan Mela 2020

Launched by

UP CM Yogi Adityanath


Uttar Pradesh’s MSMEs

How to make registration?

Online through official website

Application form filling start date

14 May 2020

Last date for application

20 May 2020

Total Budget allocated

2000 crore


Participating PSU & Pvt banks


✅ How to apply online for UP Loan Mela 2020?

Due to COVID 19 pandemic, the MSMEs are required to apply for UP Loan Mela 2020 online. Here are the steps: 1) Visit the official UP MSME’s website: www.upmsme.in. 2) On the homepage, you will see a link to apply for UP MSME loan. Click the link. 3) Now you will see an online loan application form for MSME Loan. 4) Fill the details: name, address, mobile number, Aadhar card number etc and apply. 5) You should keep a print/copy of form for future reference.

✅ How to register for UP Loan Mela 2020?

In order to register for UP Loan mela, visit official UP Loan Mela website and fill up the loan application form.

✅ What is the official website link to Apply Online/ Register for UP Loan Mela?

Official website for UP Loan Mela is www.upmsme.in.

✅ Can any MSME apply from Uttar Pradesh Loan Mela?

The UP Loan Mela is exclusively organised for UP MSEM sector.

✅ What are the Documents required to Apply through Loan Mela?

Following documents are required to apply through Loan Mela:

  • Aadhar Card
  • Pan Card
  • Bank Account Number
  • Bank Passbook/Statements
  • Voter ID Business Detail

✅ What are the eligibility criteria for apply through UP Loan Fair 2020?

In order to apply for UP loan fair 2020, an MSME is required to fulfil following-

  • It should be an established business unit.
  • No trust, NGO, or charitable institution is eligible.
  • The business should not be a blacklisted company.
  • Should be a UP establishment.

✅ What are the benefits of applying through UP Loan Mela 2020?

All micro, small and medium entrepreneurs are eligible to apply and they can seek financing at attractively low rates amid hard times of COVID. The government has ensure to reduce the barriers and speed up the process of disbursal.  will get a huge boost in their business. The total of Rs. 2000 crore loans is allocated for the scheme this year.