PMEGP Loan 2024 Subsidy, Eligibility, Apply Online PMEGP Loan Scheme 2024 If you also want to start your own business and you do not have that much money, then this scheme is going to be very beneficial for you, if you want to take advantage of this scheme, then read this post till the end, you will get all the information in this post like what is going to be the eligibility for this scheme and how can you take advantage of it and what necessary documents are required in it. In today’s time. Everyone wants to start their own business. But due to lack of money, they are not able to start their own business. Keeping this in mind, a new scheme was launched through the central government. Whose name is PMEGP Loan Scheme. Through this scheme, all the people will be given loan for business. Also subsidy will be given on this loan.
This PMEGP loan scheme has been run through the Pradhan Mantri Rojgar Srijan Program, to apply for PMEGP, you have been given a form on its official website, what are the things to keep in mind while filling this form, how much loan is available, how much subsidy is available? And do you need any type of loan. To get all this information, you have to read this post completely, but friends, before that it is very important for you to have all the information about this loan, how much loan you get through this PMEGP Scheme, you can see it here, 50,00,000 for manufacturing unit and 20,00,000 for service unit and this is the maximum amount. If you want to do any manufacturing work, then you can get a maximum service loan of 50,00,000 here. You will get it easily under this scheme.
Eligibility for PMEGP Loan 2024
- To avail the benefits of PMEGP scheme, the age of the applicant should be more than 18 years.
- To apply in this scheme, the educational qualification of the applicant should be at least 8th class pass.
- There is no income limit to avail the benefits of this scheme.
- Societies registered under 1860, self-help groups, charitable trusts, societies, production cooperative societies, business owners and entrepreneurs can take PMEGP loan.
- Businesses which are getting the benefit of subsidy through any other scheme will not get the benefit of this scheme.
Documents Required for PMEGP Loan 2024
- Aadhar Card
- PAN Card
- Application Form
- Residence Certificate
- 8th Pass Certificate
- Project Report
- Other Documents Required by Bank or Loan Institute
- Certificate of Entrepreneur Development Program Training
- Mobile Number and Email ID
- Passport Size Photograph
How to Apply PMEGP Loan 2024
- First of all go to the official website of Khadi and Village Industries Commission.
- After this, you have to click on the option of PMEGP under Online Application.
- After this, the page of PM Employment Generation Program Scheme will open in front of you.
- After this, you have to click on the Apply button. After this, the application form will open on a new page.
- Now you have to fill all the information carefully in this application form.
- When you fill this form completely, after that you have to tick on the declaration form and click on the option of Save Application Data.
- After clicking, your application will be submitted and you will get a user ID and password.
Subsidy Under PMEGP Scheme
Through the Pradhan Mantri Employment Generation Scheme (PMEGP), the government provides subsidy to the beneficiary applicant, this subsidy is 35% in rural areas and 25% for urban areas. Loans are provided through this scheme with very few formalities. The applicant businessman can apply for a loan of Rs 2 lakh to Rs 10 lakh under this loan.
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