PMEGP
Start a New Business with Government Subsidy
Prime Minister's Employment Generation Programme
PMEGP is a credit-linked subsidy scheme administered by KVIC to generate employment through the establishment of micro-enterprises in the non-farm sector. Get collateral-free loans up to ₹50 Lakh with 15–35% government subsidy.
7 Lakh+
Beneficiaries
₹50L
Max Loan
35%
Max Subsidy
45–60
Days to Disburse
Up to ₹50 Lakh
Manufacturing Sector
Up to ₹20 Lakh
Service Sector
Up to ₹10 Lakh
Collateral-free
5–10% of project cost
Margin Money
Category-wise Subsidy Rates
Higher subsidy for rural entrepreneurs to bridge urban-rural gap
General Category – Urban
General Category – Rural
SC / ST / OBC / Minorities / Women
Ex-Servicemen / PH / NER / Hill & Border Areas
* Subsidy % of project cost. Maximum project cost limits apply per category.
Are You Eligible?
Check your eligibility and prepare documents — we handle the rest.
Am I Eligible?
Tap each criterion to check — how many apply to you?
Age 18 years and above
Class 8 pass for projects above ₹10 Lakh in manufacturing
New micro-enterprises only (not for expansion of existing units)
SHG members, institutions under SC/ST, Charitable Trusts eligible
EDP training preferred
Not sure about all criteria? Book a free consultation — we'll do a complete eligibility assessment for you.
Documents Needed
We help you prepare and verify every document before submission.
Missing any documents? We assist with obtaining and attesting all required paperwork.
Step-by-Step Process
We manage the entire application — you just review and approve.
Online Registration
Register on the KVIC/PMEGP portal with your Aadhaar-linked mobile number.
Project Report Submission
We prepare a comprehensive DPR with cost estimates, projections, and business plan.
Bank Processing
The application goes to the bank. We follow up with the bank and district KVIC office.
Margin Money & Subsidy
Pay your margin money (5–10%). Loan is disbursed and subsidy is credited to your account.
Got Questions?
We've answered the most common questions about PMEGP. Need more clarity? Call us.
Still Have Questions?
Our experts can answer all your queries in a free 30-min call.
Can I apply for PMEGP to expand my existing business?
No. PMEGP is only for setting up new micro-enterprises. Existing businesses are not eligible. However, you can apply under CGTMSE for expansion funding.
When is the subsidy credited?
The subsidy is transferred to your loan account after you pay the required margin money (5–10% of project cost). It reduces your effective loan amount.
Is collateral required for PMEGP?
No collateral is required for projects up to ₹10 Lakh. For projects above ₹10 Lakh, the bank may ask for collateral or CGTMSE guarantee.
How long does PMEGP approval take?
Typically 45–60 days from complete document submission. Timeline depends on bank processing speed and KVIC district office.
Get Up to ₹50 Lakh for Your Business
15–35% Subsidy · 45–60 days · 90%+ Success Rate