Mukhyamantri Yuva Karya Prashikshan Yojana: Eligibility, Stipend and How to Apply

The stipend depends on the candidate's highest eligible educational qualification. The current scheme terms provide the following monthly amounts:

The state pays the stipend through DBT to the trainee's Aadhaar-linked bank account. Registration alone does not trigger payment. Attendance and other applicable conditions must be met. A host establishment can choose to pay an additional amount, but that payment is separate from the state-funded stipend.

Attendance can affect eligibility for the monthly stipend. The original government order states that a trainee absent for 10 or more days in a month is not eligible for that month's stipend. It also states that a person who leaves during the first month is not eligible for the stipend for that period.

Check how attendance, approved leave, and joining or exit dates are recorded by the participating establishment because these records affect stipend processing.

Candidates should keep the information needed to create their training-seeker profile and receive the stipend ready. The exact documents requested can depend on the current portal process and the selected opportunity.

Do not assume that a PAN card, cancelled cheque, or one specific domicile document is mandatory for every candidate unless the current application or opportunity requests it.

Candidates can apply through the dedicated CMYKPY portal by registering as a training seeker, completing their profile, selecting a suitable opportunity, and following the participating establishment's selection process.

• Open the official CMYKPY portal and select the training-seeker registration option.
• Enter Aadhaar and contact details and complete the required verification.
• Add educational qualifications and other profile information requested by the portal.
• Review available training opportunities, including the role and location.
• Apply for opportunities that match your qualification and interests.
• Follow any shortlisting, interview, and joining instructions issued through the process.
• After joining, check that attendance and bank details are recorded correctly for stipend processing.

Submitting an application does not guarantee selection. The participating establishment reviews candidates against its available training opportunities.

Participating establishments use the CMYKPY portal to register and publish training opportunities. The registration process requires organisation information, location, contact details, and other records applicable to the establishment.

• Register the establishment through the employer section of the CMYKPY portal.
• Provide the organisation information and registrations requested for the applicable category.
• Confirm the permitted training intake and role requirements.
• Publish the training opportunity with the work location, role, and training responsibilities.
• Review applicants and follow the portal's selection and joining process.
• Record trainee attendance accurately because attendance affects stipend payment.

CMYKPY provides a stipend to eligible trainees, but candidates can still incur personal costs while participating. These should not be confused with official scheme fees.

The monthly stipend is a scheme benefit rather than a reimbursement of every personal expense. Plan for any gap between the stipend received and your actual participation costs.

Selection is followed by joining and workplace training. The stipend process depends on attendance and the scheme's other conditions.

• Complete the joining requirements communicated by the participating establishment.
• Confirm that your Aadhaar-linked bank account details are correct.
• Attend training according to the agreed schedule.
• Check that attendance is recorded correctly.
• Track stipend credits through your bank account.
• Keep your completion certificate and relevant training records after successful completion.

First check your CMYKPY portal account for application, selection, joining, and attendance information. If a stipend is delayed, verify that the bank account is Aadhaar-linked and ask the host establishment whether attendance was recorded correctly.

The official scheme information directs candidates and employers to their nearest District Skill Development, Employment and Entrepreneurship Guidance Centre. The scheme information also lists the helpline number 1800 120 8040. Keep your registration and placement details available when seeking assistance.

Check your eligibility, qualification, residence status, Aadhaar-linked bank account, and the available training opportunities before applying. Also consider the location, role, attendance requirements, stipend category, and likely personal travel costs.

For example, a hypothetical 24-year-old graduate in Pune who meets the scheme's eligibility requirements could compare available roles by location and training responsibilities before applying. If selected, the candidate would receive the graduate stipend of Rs. 10,000 per month subject to attendance and other applicable conditions.

CMYKPY is a Maharashtra Government training and stipend scheme. A Bajaj Finance Business Loan is a separate commercial financing product and is not part of CMYKPY. A participating establishment can assess the business loan separately for eligible business expenses, subject to applicable eligibility, credit assessment, and loan terms.

Bajaj Finance offers loan amounts from Rs. 2 lakh to Rs. 80 lakh, business loan interest rates from 14% to 23.50% per annum, and repayment tenures from 12 months to 96 months. The product is unsecured, so collateral is not required under the stated product terms.

This financing does not replace the CMYKPY stipend, does not fund the government scheme, and does not affect a candidate's eligibility or selection. The establishment should assess any borrowing separately from its participation in CMYKPY.

• Start the application: Go to the Bajaj Finance Business Loan page and select ‘Check Loan Offer’. Enter the mobile number and verify it using OTP.
• Provide details: Enter personal and business information, including name, PAN, date of birth, PIN code, and banking information.
• Choose the loan requirement: Enter the required amount and select Term Loan, Flexi Dropline, or Flexi Hybrid Term Loan.
• Select the repayment tenure: Choose a tenure from 12 months to 96 months.
• Review and submit: Check the application details and submit the application for assessment.