Basics of PMEGP/CMEGP Subsidy Scheme:
- Low interest rate loans for new businesses
- Creates employment opportunity by funding traditional and rural businesses.
- Funding upto Rs. 1 crore depending on the project.
- Own contribution in project cost is 5% to 10%
- Government Subsidy is from 15% to 35 %
- Bank at it’s sole discretion, may ask for collateral security.
Documents Required for PMEGP Application:
- PAN
- Adhar
- Phone Number
- Mail ID
- Passport Size Photo
- Project Report
- Caste Certificate
- Rural Area Certificate
- Special Category Certificate, if applicable
- Education & EDP Certificates
- Leaving certificate / Birth certificate / Domicile
- Undertaking Form
Disclaimer: Above contents are for general information purpose only, and we do not assure correctness of all the information. You are requested to contact our customer service executives for latest updates and information.
