Verify your Udyog Aadhaar Memorandum online with four easy steps. Come to Vakilsearch and make this process more simple.

Introduction – Verify Aadhaar Memorandum

Udyog Aadhaar Memorandum (UAM) is a single-page registration. This registration is equivalent to the previous protocol of 11 forms for MSME’s self-certification. It is used to prove the existence of the owner’s or promoter’s identity establishment. This is equal to unique Aadhaar details and bank details, and general information that represents the identity of MSME. The registration of Aadhaar momentum is entirely online. After registration, the applicant will get a unique Udyog Aadhaar Number (UAN). This is used in the application of all MSME schemes. In this article you’ll learn how to Verify Aadhaar Memorandum.

How to Apply for Udyog Aadhaar Registration Online

There is no registration fee for applying for the Udyog Aadhaar Registration. The documents and information required for the Udyog Aadhaar registration are given below:-

1. Aadhaar number – 12 digit Aadhaar number of the applicant 
2. Name of the owner – In this section, the name registered on the Aadhaar card issued by UIDAI is filled. 
3. Social Category – In this section, the applicant’s caste is entered, whether they belong to General or scheduled caste, Schedule Tribe, or OBC. The authority may also ask for the document proofs for the belongings to OBC, SC, or ST. 
4. Name of the enterprise – Enter the legal entity of the business. 

Type of Organisation –

Enter the type of business entity or legal entity. Among the following types:

• Proprietorship
• Partnership Firm
• Hindu Undivided Family(HUF)
• Private Limited Company
• Co-Operative
• Public Limited Company
• Self Help Group
• Others (Limited Liability Partnership)

1. Postal Address – Enter the business address, including the mobile number and email address. 
2. Date of Commencement – The date on which the business started.
3. Previous Registration Details – All the details regarding the prior MSME registration. 
4. Bank Details – Bank details with account no. and IFSC code. 
5. NIC Code – NIC or National Industrial Classification code should be entered from the NIC handbook. 
6. Person Employed – Enter the total number of employees working in your firm. 
7. Investment in Plant and machinery – Mention the amount of investment in machinery equipment by the business. 
8. DIC – All the details of the District Industry Centre nearest to the business. 

What Is the Process of Verify Aadhaar Memorandum Online?

The verification process is completed after the application of the Udyog memorandum. Both the procedures are simple and easily accessible for schemes. In order to Verify Aadhaar Memorandum below given four steps should be followed:-

Step 1 – First, enter the 12-digit Udyog Aadhaar memorandum. For instance – Dl02B0000005

Step 2 – Now, enter the valid verification code in the Captcha image. 

Step 3 – Verification code is case-sensitive. 

Step 4 – Now, click the verify button to complete the verification process. 

This is how the online verification of the Aadhaar memorandum is completed. 

What Are the Benefits of the Udyog Aadhaar Memorandum?

Businesses can avail of various benefits from the Udyog Aadhaar registration. Some advantages of this scheme are mentioned below:- 

1. One can credit guarantee schemes
2. Exemption on excise duty
3. Businesses can avail various government subsidies
4. Get opportunities to participate in abroad exhibition 
5. One can avail of the various loan without a collateral guarantee
6. With UAM, the businesses can get the interest on the delayed payments act. This is thrice the rate stipulated by the Reserve Bank of India. 
7. Can easily avail easier sanction of bank loans at low-interest rates. 

Conditions for the Registration of Udyog Aadhaar Memorandum

Under the following condition, MSMEs can register for UAM in Form 1:

1. The registration of the Aadhaar memorandum can be only filled on the official portal of the Ministry of micro, small, and medium enterprises. 
2. Every micro, small, or medium business includes manufacturing goods and services. These enterprises also invest in plants and machinery under the specific limit under Section 7 of the MSMED Act. Such enterprises can apply for the UAM. 
3. Suppose a company, LLP, society, co-operative society or trust want UAM for their organisation. In that case, the PAN and Aadhaar numbers of the company’s authorised person should be mentioned in Udyog Aadhaar Memorandum. 
4. The Udyog Aadhaar memorandum can only be established after the commercial operations’ approval and start. In UAM, the manufacturing and services of the enterprises are also included. 
5. In UAM, the Aadhaar number of proprietors from the proprietorship firm, managing partner from the partnership firm, and Karta from the Hindu Undivided family is mentioned. 
6. In Form II of the Udyog Aadhaar Memorandum, the unique UAN number is created. This number is later forwarded to the email address registered in the Udyog Aadaar Memorandum.
7. A one-time password or OTP is forwarded on the registered mobile no. in UAN to get the new Udyog Aadhaar Memorandum with the existing Aadhaar Memorandum. The applicants should fill out the OTP before submitting the memorandum. 
8. Any authorised person from the State government or central government can ask for documentary proof of the details mentioned in the Udyog Aadhaar Memorandum. 
9. The Udyog Aadhaar Memorandum is a self-certification, and no other document is required while applying Udyog Aadhaar Memorandum. 

Websites Link for Aadhaar Memorandum Online and How to Proceed With the Help of These Websites?

Udyog Aadhaar memorandum application is an important document for all the MSME micro, small, and medium enterprises. To apply for an Aadhaar memorandum online, Vakil search is one of the best websites. 

Just visit the official website of Vakil search and proceed to get your Aadhaar memorandum. 

What Does the Final Registration Look Like?

Udyog Aadhaar Memorandum (UAM) looks like a single-page registration. This registration is similar to the previous 11 protocol forms of self-certification of the MSME. This registration proves the establishment of the owner’s or promoter’s identity. 

It is similar to Aadhaar details and its number and bank details. After completing the application, the applicant will receive a unique Udyog Aadhaad memorandum (UAN). This is later used as an identifier for all MSME schemes. 

Conclusion 

The right application of the Udyog Aadhaar memorandum can open the gates of various advantages. After applying to the UAM, verification is also important. Go to Vakilsearch and complete the step of online verification of your Udyog Aadhaar Memorandum. 

Also, Read:

• Difference Between Shop Act and Udyog Aadhar
• Documents Required for Udyog Aadhar Registration