Bizzroots

1.PMEGP- Second loan for upgradation:

*Who can apply : Existing well performing/ Mudra units.

*Objective          : Assisting in expansion & upgradation of existing well    

                             performing units.

*Benefits            : Subsidy of upto 15% of project cost, balance financed     

                             by bank.

*Max loan amount: INR 1 Cr (manufacturing sector)

                               INR 25 L (Service Sector)

*Conditions        : a) Units should have been making profit for last three 

                                 Years.

                             b) The units were financial under PMEGP/ MUDRA 

                               schemes & the existing loan repaid & the margin     

                               money adjusted.

                             c) Udyam registration mandatory.

                             d) The second loan should lead to additional 

                                 employment generation.

* How to apply : www.kyiconline.gov.in

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