What is Udyog Aadhar: Registration, Download, Certificate, Verification, & Meaning
Small and medium business organisations in India can now receive multiple benefits and privileges through registration. You can apply for this unique identification number online without any hassles of lengthy paper works.
Here is a detailed overview of the entire registration process and more!
Udyog Aadhaar: What is it?
Udyog Aadhaar is a 12-digit UIN provided to the registered small businesses in India. It was launched in September 2015 and is offered by the Ministry of Micro, Small, and Medium Enterprises of the Government of India.
Considering the huge contribution of the SME sector to the Indian economy, the government launched this facility to boost small-scale businesses. However, according to recent updates, MSMEs can receive the benefits like subsidies, loan approvals, etc., by applying for Udyam Registration.
Small-scale business owners had to complete multiple paper works to register their businesses before this facility. To simplify the process of SSI or MSME registration, the Government of India came up with Udyog Aadhaar registration.
From June 30, 2022, Udyog Aadhaar Registration has migrated to Udyam Registration. So, as an entrepreneur, you can obtain the MSME benefits by re-registering your business under Udyam Portal.
Features and Benefits of Udyog Aadhaar
Take a look at the main features and benefits of Udyog Aadhaar:
- With Udyog Aadhaar you can get access to loans at a subsidised rate without any guarantor
- You get access to exclusive subsidies offered by the government for MSMEs
- It provides you easy access to government provisions for starting a new business or expanding the previous one
- Udyog Aadhaar allows you to participate in foreign expos with financial support from the government
- You can apply for micro-business loans and other schemes with an Udyog Aadhaar
- The registration process is free and does not involve paperwork hassles
- With the new Udyog Registration, you no longer need to submit the documents
Udyog Aadhaar Registration Process
You can opt for Udyog Aadhaar registration free of cost in the following two ways:
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Registration Process Without Using Aadhaar Number
Here are the steps to follow if you are not enrolled for Aadhaar Number:
- If you meet the eligibility criteria as per Section 3 of the Aadhaar Act, you need to apply for Aadhaar enrolment in the first place
- The DIC or MSME-DI will only file the UAM registration once you produce the required documents
- You need to produce a copy of your Aadhaar enrolment request
- Submit any of these documents: driving license, PAN card, Voter ID card, passport, bank passbook with a photo attached to it, etc.
If you already have an Aadhaar card, you can register in the following way!
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Registration Process Using an Aadhaar Card
Here are the steps to follow when you want to enrol with the Aadhaar number:
- Visit the Udyog Aadhaar’s official website
- Enter your Aadhaar number and name on the home page
- Click on the ‘Validate and Generate OTP’ tab
- An OTP will be sent to your Aadhaar-linked phone number
- Once you enter the OTP in the right box, it will redirect you to a new form
- Fill it up with the necessary details and click on submit
- Continue final submission by entering the new OTP received on your number
Eligibility Criteria for Udyog Aadhaar Registration
As per the table below, business entities can apply for Udyog Aadhaar based on their classifications and investments in plant and machinery.
Classification of Enterprise | Investment Threshold | Turnover Threshold |
Medium Enterprise | Between ₹10 crores and ₹20 crores | Between ₹50 crores and ₹100 crores |
Small Enterprise | Between ₹1 crore and ₹10 crores | Between ₹5 crores and ₹50 crores |
Micro Enterprise | Up to ₹1 crore | Up to ₹5 crores |
Documents Needed in Udyog Aadhaar Registration
Here are the documents required for Udyog Aadhaar registration:
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Aadhaar Number
A Proprietary Enterprise needs to provide the 12-digit Aadhaar number of the Managing partner. For Partnership Enterprises the authorised partner's Aadhaar number, and for other forms of enterprises the authorised person's Aadhaar number is required.
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Name of Owner/Promoter
Name of the Udyog Aadhaar applicant as per Aadhaar card
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Category
General / Scheduled Caste (SC) / Scheduled Tribe (ST)/ Other Backward Castes (OBC)
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Business Name
This represents the business conducting entity's name. An applicant with more than one enterprise needs to register each business individually for separate Udyog Aadhaar but with the same Aadhaar number
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Type of Organisation
It includes the business type or legal entity such as Partnership Firm, Proprietorship, Private Limited Company, Self Help Group, Co-Operative, Public Limited Company, LLP, etc.
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Address
The business organisation's postal address with an e-mail address and contact details for communication purposes
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Date of Commencement
Implies the date when the business applying for Udyog Aadhaar came into effect
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Previous Registration Details (if any)
If you have any other MSME registration, produce the details
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Bank Details
Company’s banking details which include account number and IFSC code
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Key Activity
Produce details regarding your business's main areas of activity – manufacturing or service
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National Industrial Classification (NIC) Code
Enter your company's NIC Code from the National Industrial Classification handbook.
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Number of Persons Employed
Total number of employees in your business organisation
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Investment in Plant & Machinery / Equipment
Enter your business’ total investment amount for equipment and machinery
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District Industry Centre (DIC)
Nearest District Industry Centre’s details
Note: As per the recent Udyog Registration process you no longer need to provide any documents.
Udyog Aadhaar Memorandum
Also termed as UAM, it is a registration form that allows small businesses to self-certify their existence. This self-declaration certificate contains crucial information like the owner’s Aadhaar number, bank details, etc. The MSME (Micro, Small, and Medium Enterprises) has developed UAM on advice of the Kamath Committee.
Applicants will receive an acknowledgement form upon submitting the UAM registration form via email. You can find your Udyog Aadhaar Number (UAN) in this form. You can download the Udyog Aadhaar certificate containing your unique identifier code for the MSME.
Final Thoughts
Udyog Aadhaar is a crucial UIN for small and medium business enterprises. With this unique identification, you can avail up to ₹50 lakhs loan within 24 hours at an attractive interest rate. Moreover, you can avail several other benefits and subsidies if you have Udyog Aadhaar registration.