The Central Government has recently decided to continue PMEGP (Pradhan Mantri Employment Generation Program) 2022 until next year. This meeting is presided over by the Prime Minister, Shri Narendra Modi. This scheme aims to create employment opportunities for 15 lakh people with a total investment of Rs 5,500 crore. Interested candidates for this scheme can apply online through the pmegp e-portal kviconline.gov.in.
The Government of India will give a big boost to the small-scale industries under this scheme, as Khadi, textiles, copra, handicrafts, and other small-scale industries have been provided with a significant role in the socio-economic empowerment of poor people, the underprivileged, and women.
In this article we are going to tell all the information about the pmegp online application status, pmegp online application login, how to fill pmegp online application or Loan, kviconline.gov.in, pmegp online application registration, and more in this article.
PMEGP Portal 2023
The official pmegp portal is www.kviconline.gov.in.
|Scheme||Pradhan Mantri Employment Generation Program (PMEGP)|
|Interest Rate||Shall vary from lender to lender|
|Age Criteria||Minimum 18 years|
|Maximum project cost||Rs. 50 lakh for Manufacturing Unit|
Rs. 20 lakh for Service Unit
|Subsidy on Project||From 15% to 35%|
|Eligible Entities||Business owners, Entrepreneurs, Institutions, MSMEs, Co-operative Societies, Charitable Trusts & Self Help Groups (SHGs)|
|Applicant’s Education||At least 8th class pass|
Pradhan Mantri Employment Generation Program (PMEGP) has been integrated with two earlier schemes, namely Pradhan Mantri Rozgar Yojana (PMRY) and Rural Employment Generation Program (REGP), working in a similar way to generate employment among the youth. Were.
PMEGP is a credit-linked subsidy scheme supported by the government of India. Under this scheme, a subsidy of up to 15–35% of the project cost will be provided by the government to all eligible beneficiaries. PMEGP is an initiative of the Ministry of Micro, Small, and Medium Enterprises and is implemented by the Khadi and Village Industries Commission (KVIC) at the national level, so that its benefits can be shared by all. If you are an entrepreneur, PMEGP can give you the financial support you need to set up a new project.
The PMEGP loan scheme operates with the objective of providing financial assistance to entrepreneurs to set up new businesses. This scheme was started by the Ministry of Micro, Small, and Medium Enterprises, and the subsidy is distributed through selected banks. All people will be able to avail of subsidies ranging from 15% to 35% for projects in the manufacturing sector with a maximum value of Rs 25 lakh and projects in the business or service sectors with a maximum value of Rs 10 lakh.
You can check the subsidy rate for the general category and special category:
Subsidy rate for General Category
|Area||Rate Of Subsidy|
Subsidy rate for Special Category
|Area||Rate Of Subsidy|
How to Apply for PMEGP online application?
You can apply for the pmegp application online form from the eportal kviconline.gov.in. follow the simple steps below.
Note: While opting for PMEGP online application, do note that there are 21 components in the application form and you need to enter the correct details in all of them.
Step 1: Go to the official ePortal of PMEGP to fill out the form online. (Click on the given link below)
Step 2: Enter the all required details such as:
- Aadhaar details
- Personal details
- Address details
- Contact details
- PAN details
- Bank details
Step 3: You need to read the self-declaration and tick the given box.
Step 4: After saving your data, you have to upload all the documents for the final submission of the application form.
Step 5: After the application is completed and submitted, the Applicant’s ID number and password will be sent to his/her registered mobile number.
Note: If it is required, then you can complete it: You can take a printout of the duly filled form and submit the form to the nearest office, completing all the formalities required by the concerned bank.
Documents Required for PMEGP Online Application
Here is the list of documents required for the PMEGP online application under the scheme.
- Aadhaar card
- PAN card
- Rural area certificate
- Caste certificate
- Authorization Letter
- Project report
- Special category certificate
- certificate for education or skill development or a certificate for entrepreneurship development training.
PMEGP online application Eligibility requirements
Check the eligibility criteria to apply for loans for new projects under the PMEGP scheme.
Persons belonging to general, SC, ST, OBC, and minor categories, along with ex-servicemen and people living in border areas, are eligible under the PMEGP scheme.
- Applicants must be at least 18 years old.
- The minimum educational requirement is the completion of the VIII standard for a manufacturing sector project costing above Rs 10 lakh, and a business/ service sector costing above Rs 5 lakh.
- Production cooperative societies
- Self-Help Groups
- Charitable Trusts
- Institutions registered under the Societies Registration Act, of 1860
PMEGP Loan Application Form PDF
People can fill out the PMEGP loan application form offline; you must download the pdf form. once you download and print out the PDF form. You have to fill in all the required details and attach the required document.
Steps to Apply for Loans under PMEGP Scheme Offline
- Click to download the Application Form in PDF.
- Fill out the required details and take a printout of the application form.
- Then, Submit the printout of the application form to your nearest bank.
- Complete all the related formalities done by the respective bank.
How to Check PMEGP Application Status?
- To track/check the Status of the PMEPG application online, please visit the official PMEGP e-Tracking System at kviconline.gov.in/pmegp/.
- Then, Enter the Application ID.
- Click on the View Status.
Go to the official portal to track pmegp application status or loan online application status, go to the official website https://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsp. Click on the Registered Applicant to login into your account and check the application status.