The PMEGP Loan scheme is designed to support aspiring entrepreneurs and small business owners by offering government-backed financial assistance with subsidy benefits. It enables individuals to start or expand micro and small enterprises with reduced capital burden, simplified bank financing, and structured support under a recognised national programme.
PMEGP (Prime Minister’s Employment Generation Programme) Loan is a government-backed credit-linked subsidy scheme designed to support micro and small entrepreneurs in starting or expanding their businesses. The scheme is implemented by the Ministry of Micro, Small & Medium Enterprises (MSME) through KVIC, KVIB, and DIC. Under PMEGP, eligible applicants receive subsidy up to 35% of the project cost, significantly reducing the loan burden while promoting self-employment and sustainable business growth.
Verify applicant, business, and subsidy eligibility.
Creation of bank-ready DPR as per PMEGP norms.
Submission through the official PMEGP portal.
Liaison with bank, KVIC / DIC authorities.
Guidance for personal interview and inspections.
Loan approval followed by subsidy credit.
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