YM
Yojana Mitraयोजना मित्र
SubsidymanufacturingserviceNo Collateral

PMEGP

Prime Minister's Employment Generation Programme · Ministry of Micro, Small & Medium Enterprises

PMEGP gives up to ₹50 lakh for manufacturing businesses and ₹20 lakh for service businesses. The government subsidises 15–35% of project cost upfront — you repay only the balance as a bank loan. Any Indian above 18 with no prior government subsidy qualifies. Apply via KVIC.

Max Subsidy
₹18 Lakh
General — Urban
15%
SC/ST/Women/OBC/Minority/Ex-serviceman — Rural
35%

📋 Eligibility Criteria

  • Any Indian citizen above 18 years of age
  • Minimum 8th standard pass for projects above ₹10L (manufacturing) or ₹5L (service)
  • Only new businesses — existing units that already received government subsidy are ineligible
  • Self-Help Groups (SHGs), Charitable Trusts, and Co-operative Societies are also eligible
  • No income ceiling — all income levels can apply
  • Must not have availed benefit under PMRY, REGP, or any other GOI-subsidised scheme
Udyam: OptionalCollateral: Not requiredBusiness: New businesses only

📁 Documents Required

Aadhaar Card (mandatory)
PAN Card
Detailed Project Report (DPR)
Bank statement (last 6 months)
Caste/Category certificate (if SC/ST/OBC/Minority)
Educational qualification certificate
Location proof — lease deed or sale deed for business premises
Quotations for machinery/equipment
Passport size photographs

💡 Tip: Get our ₹499 PDF report for a bank-specific document checklist — some banks ask for additional docs not on this official list.

🚀 How to Apply

  1. 1

    Register on KVIC portal: kviconline.gov.in/pmegpeportal

  2. 2

    Fill application with personal + business details and upload documents

  3. 3

    District Implementing Agency (DIA) reviews and recommends to bank

  4. 4

    Bank conducts credit appraisal — this is where DPR quality matters most

  5. 5

    Bank sanctions loan and releases 95% amount (5% is your margin contribution)

  6. 6

    Subsidy (15–35%) is kept in a Subsidy Reserve Fund — released after 3 years lock-in

Apply on Official Portal ↗Official Guidelines

❓ PMEGP FAQ

PMEGP mein kitna subsidy milta hai?

General category urban: 15%, General rural: 25%. SC/ST/Women/OBC/Minority/Ex-serviceman: Urban 25%, Rural 35%. Subsidy project cost pe calculate hoti hai, not loan amount.

PMEGP ke liye DPR kaise banaye?

DPR mein ye sections hone chahiye: Executive Summary, Business Description, Market Analysis (competitors, pricing), Financial Projections (3 years), Machinery List with quotations, Management Profile. Hum ₹2,999 mein complete bank-ready DPR banate hain.

Kya existing business PMEGP le sakta hai?

Nahi. PMEGP strictly sirf nayi businesses ke liye hai. Agar aapne pehle PMRY, REGP, ya koi aur central/state government subsidy li hai, toh aap ineligible hain.

PMEGP mein kaun sa bank best hai sanction ke liye?

SBI, PNB, Union Bank, Canara Bank sabse zyada PMEGP cases sanction karte hain. Apne nearest SME branch mein apply karo — generic branch waale MSME cases dhang se handle nahi karte.

PMEGP reject hone ke main reasons kya hain?

Top 5 reasons: (1) DPR mein market analysis missing, (2) CIBIL score below 650, (3) Business location ka proof nahi, (4) Machinery quotations missing or outdated, (5) Already koi government subsidy li hui hai.

PMEGP subsidy kab milti hai?

PMEGP subsidy direct account mein nahi milti. Subsidy Reserve Fund mein 3 saal ke liye lock hoti hai. 3 saal baad loan prepayment ya interest adjustment mein use hoti hai.

Kya PMEGP ke liye collateral chahiye?

₹10 lakh tak ke projects ke liye generally collateral-free hota hai CGTMSE guarantee ke zariye. ₹10L+ ke liye bank collateral maang sakta hai.

PMEGP application status kaise check kare?

KVIC portal pe login karo → My Applications → View Status. Agar 3 mahine se zyada ho gaye aur koi response nahi, apne DC-MSME office mein RTI file karo.

Last verified: 2026-06-01 · Source: Ministry of Micro, Small & Medium Enterprises