Prime Ministers Employment Generation Programme (PMEGP)
* Max loan amount : 50 L (Manufacturing sector)
20 L (Service Sector)
*Owners Contribution:10% (General category)
5% (Special category)
*Remaining portion : 90-95% provided by bank
*Interest rate : 10-12%
*Tenure : 3-7 Years
*Nodal agency : Khadi & village industries
*Portal : www.kviconline.gov.in
*Documents required :
1.Aadhar / ID proof
2.Address proof
3.Photo
4.Detailed Project Report
5.Bank Details
6.Caste Certificate (If applicable)
*Who can apply : Any individual above 18 years of age.
*Key benefits : Credit linked subsidy program for setting up new
micro enterprises in non-farm sector.