Growth Support
PMEGP Loan
Subsidy-based loans up to Rs. 50 Lakhs for micro enterprises.
About PMEGP Loan
PMEGP (Prime Minister's Employment Generation Programme) is a credit-linked subsidy scheme for establishing new micro-enterprises. The scheme provides margin money subsidy of 15-35% of the project cost for setting up manufacturing or service enterprises.
Key Benefits
- 15-35% margin money subsidy
- No collateral for loans up to Rs. 10 Lakhs
- Applicable for new enterprise setup
- Administered by KVIC (Khadi Commission)
- Available in rural and urban areas
Eligibility Criteria
- Individuals above 18 years
- Minimum 8th pass for projects above Rs. 10 Lakhs
- New enterprise (not for expansion/upgrade)
- No income ceiling
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