HOW TO GET PRADHAN MANTRI EMPLOYMET GENERATOR PROGRAM LOAN ?

HOW TO GET PMEGP LOAN? : Prime Minister’s Employment Generation Program (PMEGP) is a credit-linked subsidy program launched by the Ministry of MSME to generate employment opportunities in both rural and urban areas. Under this scheme, Rs 20 lakh is given to unemployed youth to start their own business. Loans are given up to 50 lakhs. You have to pay 5% to 10% of the cost of the business you are about to start, and 15% to 35% is given as a subsidy by the government.

Now if you need a loan for higher studies of your children or you want to start a business If looking for Agri Infrastructure Loan, Kisan Credit Card Loan, or Livelihood Loan. We have provided you with as much information as possible on this plan like HOW TO GET PMEGP LOAN? how to apply online?

So you no longer need to go to anyone or take a loan at high-interest rates. Because the Prime Minister of our country brings many schemes for the poor as always. So one of them has launched a scheme to make loans easier for middle-class and poor people.

The special feature of the prime minister employment generation program is that every person can apply online by himself only, no intermediary is required and no one has to pay any fee.

FEATURES OF PMEGP LOAN

  1. Every person can apply online by himself only
  2. No intermediary is required
  3. No one has to pay any fee.
  4. Maximum loan amount Rs 10,00,000 to Rs 25,00,000
  5. Maximum eligible subsidy up to 35 %
  6. Monthly EMI @ 9 %
  7. Loan tenure maximum of 15 years

CATEGORY (HOW TO GET PMEGP LOAN ?)

  1. Education Loan
  2. Agri Loan-Kisan Credit Card
  3. Agri Infrastructure Loan
  4. Business Activity Loan
  5. Livelihood Loan
1: Education Loan

There are many poor families within our country whose children are bright but do not have enough money to take admitted to a good institution for higher education. PRADHAN MANTRI EMPLOYMENT GENERATION PROGRAM will prove to be a boon to students from such families.

Because the PMEGAP scheme has been designed for higher studies, especially for students from economically backward families for domestic and foreign studies.

What are you waiting for click on the below given govt link and check your eligibility and apply online.

2 : Agri Loan-Kisan Credit Card

The “Agri Loan-Kisan Credit Card Yojna” is a scheme that provides special assistance to Indian farmers. Through this scheme, farmers receive financial support for both crop cultivation and post-harvesting activities. The process of obtaining loans is made quick and straightforward, with minimal documentation requirements. This scheme allows farmers to efficiently manage their agricultural activities and meet their financial needs.

3: Agri Infrastructure Loan

Farmers can apply for a loan for various agricultural needs like constructing infrastructure on the farm, setting up a godown, cold storage, and establishing a production unit, or seeking advice for agricultural improvements.

4: Business Activity LOAN

Business Activity Loans are given to you for starting a new business and expanding an old business. You get benefits according to your gender, social category, and business type and plan’

5: Livelihood Loan

Livelihood Loans are given to Individuals and Self Help Groups to carry out livelihood assistance programs for poor families in rural and urban areas.

Check the Eligibility Links Given Below
Education Loan Click Here
Agri Loan-Kisan Credit CardClick Here
Agri Infrastructure LoanClick Here
Business Activity LOANClick Here
Livelihood LoanClick Here
HOW TO GET PMEGP LOAN?
HOW TO GET PMEGP LOAN ?

Aim Of PMEGP LOAN (HOW TO GET PMEGP LOAN ? )

  • To eliminate unemployment in rural and urban areas and to encourage industries
  • To provide self-employment to traditional artisans in rural and urban areas
  • Stop migration to cities by creating employment in rural areas
  • AIM is to provide permanent employment to unemployed youth after traditional seasonal work in rural areas and urban areas with the promotion of industry
  • The aim is to increase the capacity of income and employment generation for urban and rural

What Are the Interest Rates Of PMEGP Loan

Loan interest and subsidy depend on the applicant’s profile, credit ability, and paying capacity and depend on project cost means loan interest and capacity can be different.

you can also get information about ANTYODAYA SHRAMOK SURAKSHA YOJNA

Which Bank Will Give PMEGP Loan

All public sector banks like all banks, Bank of India, Canara Bank, Bank of Baroda, and most of private banks will give loans in the PMEGP scheme.

Subsidy And Required Fund (HOW TO GET PMEGP LOAN ? )

Beneficiary CategoriesGeneralSpecific
Beneficiary Shares10 %5 %
Subsidy For Rural25 % 35 %
Subsidy For Urban15 % 25 %
(HOW TO GET PMEGP LOAN ?)

Eligibility For How To Get PMEGP?

If the applicant has a high chance of investing Rs.10,00,000 to establish a service unit, he should be at least 18 years old and have at least an 8th-class pass.

If the applicant has a high chance of investing Rs 25,00 000 to establish a manufacturing unit, he should be at least 18 years old and have at least an 8th class pass.

If an organization fulfills the eligibility criteria under PMAGP, it can take a loan.

Eligible Organization
  • Charitable trust and Self-Help Groups
  • Society registered under the society registration act, of 1860
  • Business owner and entrepreneur
  • Co-operative society

Document Required For

  • Identity and address proof of the applicant
  • Applicant’s PAN card, Aadhaar card, and 8th pass certificate
  • passport size photo
  • Duly filled application form
  • Special Category Certificate
  • project report
  • If available Academic and technical course certificates, if any
  • Certificate for SC / ST / OBC / Minorities / Ex-Servicemen / PHC
  • Other documents required by the bank or loan institution

After completing all documents click the below link and submit all documents

Click Here

How To Apply Online (HOW TO GET PRADHAN MANTRI EMPLOYMENT GENERATOR PROGRAM LOAN ?)

  1. Click the below link to start
  2. https://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsphttps://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsp
  3. Click on the online application form for individuals and the online application for non-individuals.
  4. Next enter details like name, sponsor agency, and type of activity
  5. Next, click on save applicant data
  6. Next, click on upload document and submit the required document
  7. Next, fill up the scorecard and prepare for the final submission
  8. Next, you will get an application id and password on the registered mobile number

How to check the application status?

  1. Click the link given below to check the application status
  2. http://kviconline.gov.in/pmegp/
  3. Next, enter your id and password
  4. click login
  5. Next, click on View status
Important links
https://www.jansamarth.in/homeClick Here
Our home pageClick Here
(HOW TO GET PMEGP LOAN ?) (HOW TO GET PMEGP LOAN ?)

Note :

This article is only for education and information purpose. We give all information in this post is correct but if any error will there, then we will not be responsible for it. Please visit the official website and Read the terms and conditions carefully before applying for a loan.

(HOW TO GET PMEGP LOAN ?) (HOW TO GET PMEGP LOAN ? ) (HOW TO GET PMEGP LOAN ?) (HOW TO GET PMEGP LOAN ?) (HOW TO GET PMEGP LOAN ?) (HOW TO GET PMEGP LOAN ?)

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