Pmegp loan yojana: A program is being run by the Central Government, which is named Prime Minister Employment Generation Program (PMEGP). It is a Credit-Linked Subsidy Program to create employment opportunities in both rural and urban areas from the Ministry of MSME. Has been started. The benefit of this program will be available in both rural and urban areas. Under this scheme, unemployed youth get Rs 20 lakh to start their own business. Up to 50 lakh loans are provided.
You can take advantage of loan to start your own startup
In such a situation, if you also want to start your own business, but you do not have capital for this, then you can take advantage of this scheme. You have to pay 5% to 10% of the cost of the business you are going to start and the subsidy is given by the government from 15% to 35% and the remaining amount is given by the bank as a term loan. This entire program is also called PMEGP loan. Let us tell you that Project Cost for Service Unit is Rs 20 lakh and Rs 50 lakh for manufacturing unit. Till then.
किसान कर्ज माफ़ी योजना
This program has been prepared by combining two schemes
The Pradhan Mantri Employment Generation Program (PMEGP) scheme has been prepared by combining two schemes, Pradhan Mantri Employment Scheme (PMRY) and Rural Employment Generation Program (Regp). Through this scheme, employment opportunities are generated for those unemployed youth of rural areas who have to go to cities for jobs. Under this, attention is paid to increasing the capacity of artisans, increasing the growth rate of rural and urban employment. The interest rate and subsidy given under the PMEGP scheme can be seen separately in every bank/ loan institute.
Various banks offer loans
This has been a profile of the applicant’s profile, credit qualification, payment capacity, business and base on the total project cost. Under PMEGP, banks like SBI, Bank of Baroda, Canara, Bank of India as well as other private and public sector bank/ loan institutes offer loans. If the applicant is Rs 10 lakh. Service unit costing up to Rs. 25 lakhs. If he wants to take a loan for the manufacturing unit costing up to, then the age of the applicant should be more than 18 years and he should pass at least 8th grade.
Projects to be held under PMEGP scheme
- Agro based food processing
- Cement and affiliated product
- Chemical/ Polymer & Minerals
- Cold storage and cold chain solution
- Dairy and Milk Products
- Electronic and electrical appliances
- Food processing industry
- Forest industry
- Horticulture- Organic farming
- Paper and related products
- Plastic and related service
- Service sector industry
- Small business model
- Cloth and dress
- Waste management
Papers required for loan
- Passport Size Photo
- Fully filled application form
- Project report
- Evidence of the identity and address of the applicant
- Applicant’s PAN card, Aadhaar card and eighth pass certificate
- If necessary, special category certificate
- Entrepreneur Development Program (EDP) Training Certificate
- SC / ST / OBC / Minority / Pre-Soldier / Certificate for PHC
- Certificate of academic and technical course, if any
- Other necessary documents sought by bank or loan institute
सरकार फ्री मोबाइल योजना फॉर्म
How to apply
You can apply both online and offline to take this loan. Here we are understanding both the process well, you can apply by following these steps.
How to apply in online mode
- To fill the online form, first of PMGP (website of Khadi and Village Industries Commission) Official website will go on.
- After this, the guidelines will have to be followed to fill the online PMEGP application form and fill all the necessary information.
- After filling all the necessary information, click on ‘Save Applicant Data’ to save the information.
- After saving your data, all documents have to be uploaded.
- Now the application has to be submitted.
- After it is deposited, the ID number and password of the applicant will be sent to its registered mobile number.
In this way, apply offline
- To apply offline, first you have to fill your application form.
- After entering all the information, the application form has to be saved as draft.
- Now a printout of the application form will have to be removed.
- You will have to submit this printout to a nearby bank.
- Now all the formality of the bank will have to be completed.
