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Benefits of Udyog Aadhaar are as follows:-
- Helps to get Current Account in Banks
- Protection against delay in payment.
- Fast resolution of disputes
- Collateral Free loans from bank
- Exclusive consideration for participating in international trade fair
- Waiver of Stamp duty and Registration fees
- Several Exemption under Direct Tax Laws
- Barcode registration subsidy
- Subsidy on NSIC Performance and Credit ratings
- Counter Guarantee from GoI through CGSTI
- Reduced rate of interest from banks
- 15% subsidy under CLCSS scheme for technology upgradation
- Exemptions while applying for Government tenders
- Concession in Electricity Bills
- Reimbursement of payment made for obtaining ISO certification
- 1% exemption in interest on OD
- Increasing eligible loan limit for optimal reasons, from the amount of Rs. 25 lakh to Rs. 50 lakh
- Raising the extent of guarantee cover from 75 % to 80 %
- Reservation of products for exclusive manufacturing by MSME/SSI
- Easier registration and approvals to obtain Licenses
- Eligible for IPS subsidy
- Preference in allocation of Government tenders
- Excise Exemption Scheme
- Reduced rate of interest from banks
- 50% subsidy for patent registration
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Can udyog adhar is available for rural areas