Every MSME owner is aware of Udyam registration and has registered their business on the Udyam portal. But they rarely do Udyam Certificate Verification. In the era of fraud and scams, MSMEs need to verify their after receiving it. Many MSMEs think that getting a certificate is enough, but in a real sense, it's not, because so many phishing websites provide the same certificate. So, it is necessary to check the authenticity of the certificate.
If you are an MSME owner and don't know about the verification process of your Udyam registration certificate, then don't worry; you are in the right place. In this article, you will know the process of how to verify the Udyam certificate.
Now, let's first understand what an Udyam Certificate is
If a small- or medium-sized business owner registers their business on the government's Udyam Portal, then they are given a certificate called an 'Udyam Certificate'.
This certificate contains a unique number called the Udyam Registration Number. This number represents your business. The government checks this number to verify if your business comes under the category of MSME, or micro, small, or medium-sized enterprise.
What does 'verification' mean?
Verification of the Udyam Certificate simply means checking if the certificate you have get is genuine or not.
Suppose someone gives you a Udyam certificate and says that it is a registered MSME identity card. How do you know for sure whether the certificate is genuine or not? This is when verification comes in. You can easily verify the certificate by putting the number on the government's Udyam Portal and checking if it's genuine or fake.
This process is very simple and can be done by anyone online for free.
Why is verification necessary?
Actually, many people think that once you have registered your business, all the work related to Udyam registration is done. Let's know about it:
1. Ease of getting a bank loan
If you're applying for an MSME loan, the bank first verifies your Udyam Certificate. If your certificate isn't verified, you may face difficulties in getting the loan. The bank wants to verify that you're truly a registered MSME.
2. To fill government tenders
SMEs enjoy special priority in government contracts. However, when you are about to submit a tender for a contract, you need to ensure that your Udyam Certificate is verified. If not verified, you cannot enjoy the benefits that MSMEs enjoy.
3. To avail of GST and tax benefits
There are some benefits that can be availed when a business is registered as an MSME. If the certificate is verified, you can easily avail yourself of these benefits.
4. Preventing fake certificates
Fraud has become a major issue these days. People misuse government facilities by generating fake Udyam Certificates.
How to Verify Udyam Registration—The Easy Way
The process to verify your MSME Udyam Registration certificate online is quite simple. You have to follow the following steps:
Step 1: First, you have to visit the Udyam Registration Website
Note: To check the verification status, you have to visit the government's Udyam website, not the private consultancy one (In the private consultancy website, you can get all kinds of Udyam Registration services)
Step 2: On the home page, you have to search for the "Verify Udyam Registration" option.
Step 3: You have to enter your Udyam Registration number. Your Udyam registration number is generally found on your certificate in the following format: UDYAM-XX-00-0000000.
Step 4: Once this OTP process is completed, you can see all the information regarding your business.
You have to follow these simple steps to verify your certificate.
Read this: https://udyamindia.in/articles/how-to-login-udyam-without-number.php
Who should verify your Udyam certificate the most?
This is another important question. Anyone can do this, but for some, this is even more important.
Banks and Financial Institutions – This verification has to be done when any MSME applies for a loan.
Large Companies and Buyers – Those companies and buyers who purchase goods or services from small businesses.
CAs and Consultants – Those CAs and consultants who do the work of taxes.
Government Departments – Those government departments that give priority to MSMEs in their tenders.
Business Owners – Those owners of businesses.
A common misconception – are Udyam registration and verification the same or not?
People think that registration and verification are the same, but they are not.
Registration means that you are registering your business on the Udyam portal.
Verification means that your certificate is authentic and genuine.
Both are required to avail the benefits of government services.
After completion of verification, if you want to make changes on your Udyam certificate, you can also do Udyam Registration Update.
Conclusion
Udyam certificate verification isn't a difficult task—but ignoring it can be quite detrimental. Whether you're looking to get a loan, submit a government tender, or deal with a supplier, risk verification is crucial everywhere. This is a small step that can save your business from major difficulties. So, if you haven't already verified your Udyam certificate—do it today.
