The Udyam registration certificate is an easy and simple process online. The online Udyam registration is hassle-free and paperless work. After completion of Udyam registration, we can verify the status of the certificate. And if you can register online easily to check the status of the Udyam registration. The advantage of checking the status of Udyam registration is to know what the condition of the certificate is and also know whether the certificate is rejected or approved. In case the certificate you can easily reapply for the registration.
To know the status of the Udyam certificate to save your time. To register the Udyam certificate, access the benefits for MSMEs. These benefits help to grow your business and expand your business to increase the turnover and investment in your business. The Udyam registration is very needed for your organisation. Through the Udyam registration to build the customer credibility.
Benefits of Udyam registration:
Get bank loans at favourable interest rates:
One of the best advantages of registering for the Udyam registration for your business is accessing the bank loan with lower interest rates. It is important to mention that MSMEs qualify for priority financing, which simplifies access to suitable credit.
Improved availability of government schemes:
The Udyam registration is a ticket to access the government schemes and benefits, such as popular schemes of public procurement policy, capital, guarantee schemes, protection against delayed loans, and credit-linked capital subsidy schemes.
Cost savings:
Whoever has registered for the Udyam certificate enjoys this benefit. The Udyam registration is a great way to reduce a business’s operational costs. Some state governments, for example, provide electricity bill subsidies to Udyam-registered MSMEs, supporting the reduction of operational costs.
Minimum Alternative Tax (MAT):
Minimum Alternative Tax (MAT) serves as an effective tool; it provides the useful mechanism for deferring credit usage and navigating tough problems with ease. The MAT credits allow 15-year credits of Udyam registration.
One-off payment arrangement:
Most MSME owners are not supporting this, but they gain a one-time settlement scheme for all their unpaid amounts. This is another place where the Udyam registration works to your advantage with credit settlement. And also, you can easily access the schemes like the credit guarantee scheme, credit-linked capital subsidy scheme, and public procurement policy to get the perks.
How to check the status of your Udyam Registration Certificate
Step 1: Visit the official Udyam registration portal.
Step 2: select the print/verify option.
Step 3: select the print Udyam registration certificate option.
Step 4: Kindly enter your Udyam registration number.
Step 5: Select the OTP option on which you want to receive OTP; it’s your option that is a mobile number or registered email ID.
Step 6: Select the generate OTP option.
Step 7: Kindly enter the OT which you have received.
Step 8: Select the validate OTP.
Step 9: The view of the dashboard is showing the status of your Udyam registration certificate, and if your Udyam registration certificate is ready, you can download and print the certificate.
NOTE: You can follow the above-mentioned steps to easily check the status of your Udyam registration certificate. If the certificate is ready, make sure to download and print the Udyam registration certificate. It is very important for the future.
You Can Apply for Print Udyam Certificate Through Udyam Portal
Conclusion:
The Udyam certificate is essential for every entrepreneur in India. You can easily register for the Udyam registration online. And also, an important thing is to check the status of your application. The advantage of knowing the status of your application is that if the certificate is ready to download, you can download your certificate and apply for the loan. The Udyam certificate plays the major role in the loan sanction process. So, to check the status is very important, and follow the mentioned steps to easily check the status of your application.