PMEGP Loan Scheme: Do you want to start your own business but are unable to do so due to lack of capital? If yes, then Pradhan Mantri Rojgar Srijan Karyakram Yojana has brought a great opportunity for you. Under this scheme, you can get a loan of up to Rs 3 lakh and start your own business. This scheme has been started especially to provide self-employment opportunities to youth, women and people of rural areas. If you also want to take advantage of PMEGP scheme, then this article is for you. In this, we will give you detailed information about the complete process of online application in PMEGP scheme and the scheme.
What is PMEGP scheme?
Pradhan Mantri Rojgar Srijan Program is an ambitious scheme of the Central Government, which is implemented by Khadi and Village Industries Commission (KVIC). The main objective of this scheme is to provide self-employment opportunities to youth, women and people of rural areas.
Benefits of PMEGP scheme
- Loan amount: A loan of up to Rs 3 lakh is provided under the scheme.
- Subsidy: Subsidy is also provided by the government on the loan amount.
- Self-employment opportunities: This scheme provides self-employment opportunities to youth and women.
- Rural development: This scheme helps in increasing employment opportunities in rural areas.
Eligibility for PMEGP scheme
- The applicant must be a citizen of India.
- The age of the applicant should be 18 years and above.
- The applicant must have a business plan.
- It is mandatory for the applicant to have Aadhar card and PAN card.
Required documents
- Aadhar card
- PAN card
- Bank account details
- Passport size photo
- Proposal of business plan
How to apply online in PMEGP scheme?
- First of all go to the official website of PMEGP scheme.
- Click on the option of “Apply Online” on the home page.
- Now click on the option of “New Registration”.
- Fill your personal information, Aadhar card number and details related to the business plan in the application form.
- Upload the required documents.
- Submit the form after filling all the information and uploading the documents.
- After completing the application you will get an acknowledgement number. Keep it safe.