What is Udyog Aadhaar?

Udyog Aadhaar is essentially an Online Business Identification Document provided by the Government of India that aims at providing a unique identification number for all kinds of SME businesses operating in the country.

 

Also Read: Udyog Aadhar Registration Print

The Udyog Aadhar Registration is a completely online process and thus, saves both time and energy as you do not have to physically go to some office or authority in order to get this done. It is a great boost for small scale industries across India and below we detail the entire process of registration for the same.

Initially, when these registrations were being made mandatory over the past year or so, there was a lot of confusion among owners regarding this new business registration scheme but now with more being made known about Udyog Aadhar Registration, more and more owners are coming forward to get the registration done for their businesses.

The Udyog Aadhar Registration is a completely online process that is totally free of cost. You will not have to pay any money in order to complete this registration process.

Udyog Aadhaar Registration Process :

The Udyog Aadhaar website contains all the details related to each stage of the business Udyog Aadhaar Registration process as well as the documents required at each stage so you do not need to worry about anything while registering your small scale business for Udyog Aadhar Card . Some of the Udyog Aadhar Registration documents required are: Proof of Identity : A copy of your PAN Card, Ration Card or Passport (if it has the same name as mentioned in Udyog Aadhaar Form

Proof of Address : Udyog Aadhar requires you to provide a proof of address so that they can verify your residence. The most common document used in this Udyog Aadhaar Registration process is Bank Account Statement. You may use Electricity Bill, Telephone Bill and Property Tax Receipts for Udyog Aadhar but your Udyog Aadhar Registration will get rejected if you do not provide valid proofs such as Bank Account Statement with the business premises’ address mentioned therein .

Benefits of Udyog Aadhaar

 Udyog Aadhaar Registration is a great help for small scale industries in India as this Udyog Aadhaar Card allows the business to be linked with various government schemes and thus helps them get financial assistance from the government. Udyog Aadhar Registration also ensures that these MSME businesses are provided with bank loans at much lower interest rates than what conventional banking provides. Udyog Aadhar Registration also acts as an identity proof for anyone who owns or runs such business.

 Udyog Aadhaar Disadvantages

 Udyog Aadhar Registration does have certain disadvantages too including wear and tear of both machines and personnel manning the same due to increase in number of registrations that will eventually happen after more people know about Udyog Aadhar Registration Scheme .

Furthermore, Udyog Aadhar Registration does not help you file taxes, take loans or get a PAN card for your business. Udyog Aadhar is just an identification number that helps the government’s verification process much easier and smoother than what it was before Udyog Aadhaar Registration came into effect .

So if you are looking to start or run a small scale business in India then Udyog Aadhar Registration will definitely benefit you in more ways than one and below we detail some of the Udyog Aadhaar Disadvantages too .

Your Udyog Aadhar Card will contain the following:

  1. Your Photograph in color 
  2. Address (as per your Udyog Aadhaar Form) 
  3. Name as per PAN card 
  4. Date of birth 
  5. Gender
  6. Mobile Number
  7.  E-mail ID 
  8.  Expiry date (This information is placed on physical Udyog Aadhar Card and not on UDI)
  9. Udyog Aadhaar Number
  10. Udyog Aadhar Card Serial Number 
  11. Udyog Aadhaar Registration date

Also, Udyog Aadhar Registration is permanent and thus you cannot correct or change any information on your Udyog Aadhar Card later . If you do not have a Udyog Aadhaar number then the physical Udyog Aadhar will be issued to an agent or business representative representing you. A UDI generated during Udyog Aadhaar registration process will contain all of the above mentioned details except for biometric data which obviously will not be available in case of UDI. The below flowchart describes the entire Udyog Aadhar Registration Step by Step Process:

Step 1: Application Form Submission (online)

Step 2: Udyog Aadhar Card or UDI (UDI stands for Udyog Aadhaar Number) Generation 

Step 3: Udyog Aadhar Card Delivery to the Applicant

Step 4: Udyog Aadhar Updates with UIDAI Online for updation and linkages Further, Udyog Aadhar Registration is handled by Unique Identification Authority of India . Further details regarding UAD will be updated on this article whenever required hence always make sure to check Udyog Aadhaar Registration updates before starting the UAD process.

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Application Form Submission (online) Udyog Aadhar Registration is completely online – all you have to do is fill in the Udyog Aadhar form and submit it online along with relevant documents. The entire Udyog Aadhar Registration Process can be completed within 3-5 working days for new applicants while update of information will take one full day . Also, UDAI has launched special camps at various cities to make it more convenient for people who don’t live near their home-town to Udyog Aadhaar Registration .

 

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