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Have you registered your Udyam and found errors now? Please do not panic. You can Update Udyam Certificate without cancelling it. Today, we will explain how this works.
Udyam Registration is essentially a government certificate provided to small and medium businesses. This entitles you to various government schemes and loans. Earlier known as Udyog Aadhar/MSME registration, it is now called Udyam Registration.
Because of the ‘hurry’ factor or lack of proper knowledge, many times one often commits mistakes in the registration process. Sometimes, the mobile number is wrong, sometimes the bank details are not given, sometimes the category of business is chosen wrongly, or sometimes the address itself is wrongly typed.
All these are common mistakes, and it is very easy to correct them. You don't need to cancel the whole registration.
You may change several types of information in your Udyam Registration. These include:
It includes your name, business name, mobile number, email address, business address, bank account details, business category, investment amount, and the number of employees. Only your Aadhaar number and PAN number cannot be changed. If these are incorrect, then a new registration would be required.
Now, coming to the point: how to change or amend your Udyam Registration. This is pretty simple, and you can do it sitting at home yourself.
Once you click on the update Udyam certificate option, a form opens. In this form, you have to fill in some basic information like
Applicant's name
Mobile number
Email ID
Udyam registration number
Choose an option between mobile number or email ID where you want to receive OTP
Now there is a dialogue box given in the form. In this box, you have to enter all the things that you want to update.
Suppose your mobile number has changed. Delete the old number and enter a new one. In case of a change in your address, please enter the new address. If the investment amount has changed, enter the new amount.
Check the form carefully after making all the changes; everything should be right. If some documents are required to be uploaded, upload them.
Make all the corrections, and click 'Submit'. Your changes will be saved upon submission. In no time, your updated Udyam Certificate will be ready.
After updating the certificate, it will be sent to your email. You can also download it from the website. To download the new certificate, go back to the website and click on “Print Udyam Certificate ".
Just a couple of things to remember here:
First, always fill in the correct information when making changes. Giving incorrect information is a legal offense. Second, have the necessary documents ready. In case of changing your investment or turnover, you may need a bank statement or ITR.
Third, keep your Aadhaar and PAN linked. Without linking, the registration may be problematic. Fourth, keep your registration number and password safe; it will be useful for your future use.
The good thing is that you can update your Udyam registration any number of times, and there is no limit to it. Please update your Udyam registration instantly in case there is any change in your business.
Check your registration at least once every year. Keep all information up-to-date. Turnover and investment information must be kept current.
Sometimes, changes cannot be made owing to technical glitches or for some other reason. At such a juncture, there is no need to go into a panic.
You can contact the Udyam Registration help desk. The help desk number and email address are provided on the website. You can report the problem there. You can also visit the MSME office in your district. Officials there will assist you.
There are several advantages to updating on time. The foremost advantage is that your information is always correct; hence, availing government schemes becomes easier. If you want to avail of loans, the banks will ask for your Udyam Certificate. The right information on it will enable you to get a loan quite easily. Accurate information also builds your credibility.
Modifying or updating your Udyam Registration is pretty easy, and you don't have to cancel your certificate. You just need to go to the website, sign in, update your information, and click on 'submit'. The process is that easy. Remember, it is your duty and responsibility to keep the records up-to-date. It will help not only you but also the government to keep its records updated. Therefore, if anything is wrong in your Udyam registration, get that updated today. Do not delay because correct information is the key to your business.