PMEGP Subsidy Loan
Prime Minister's Employment Generation Programme
PMEGP is India’s premier credit-linked subsidy scheme offering bank loans up to ₹50 Lakhs with 15% to 35% non-refundable government capital subsidy directly credited to your account.
Scheme Architecture & Lending Details
Administered by KVIC and the Ministry of MSME, PMEGP is aimed at generating sustainable employment by establishing micro-enterprises in rural and urban areas.
Manufacturing projects can obtain loans up to ₹50 Lakhs, while service sector enterprises can access loans up to ₹20 Lakhs.
The government provides a non-refundable capital subsidy (Margin Money) of 25% to 35% for Special Categories (Women, SC, ST, OBC, Minorities, Rural, Ex-servicemen) and 15% to 25% for General category applicants.
Key Financial Advantages & Benefits
Borrower & Enterprise Eligibility
Any individual above 18 years of age (minimum 8th class pass for projects above ₹10L in manufacturing and ₹5L in services)
Self Help Groups (SHGs), Institutions registered under Societies Act 1860, and Charitable Trusts
Only new greenfield projects are eligible (existing running units cannot claim PMEGP subsidy)
No income ceiling for assistance under the scheme
Step-by-Step Sanction & Disbursal Process
Detailed Project Report (DPR) Formulation
Crafting comprehensive financial models covering machinery, building shed, and working capital.
Online KVIC Portal Submission
Official online application with agency selection (DIC / KVIC / KVIB) and preferred financing bank.
District Task Force Committee (DTFC) Interview
Review and recommendation of your project proposal to the designated financing bank branch.
Bank Sanction, EDP Training & Subsidy Disbursal
Completion of 10-day EDP training, loan disbursement, and automatic credit of Margin Money subsidy into TDR account.
Essential Documents Checklist
Frequently Asked Questions
Instant answers to common queries regarding PMEGP Subsidy Loan
Check Loan Eligibility
Fast in-principle appraisal in 24 hours
Need Help Choosing Between Multiple Loan Options?
Our team of Senior Ex-Bankers and Chartered Accountants prepare compliant DPRs, optimize collateral structuring, and represent your file directly before Nationalized Banks and NBFCs.
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Accelerate Your Loan Sanction Today
Whether you require a ₹10 Lakh MUDRA micro-credit, a ₹5 Crore collateral-free CGTMSE facility, or a ₹50 Crore corporate expansion line, our banking syndication desk handles end-to-end processing.