PMEGP Loan 2025, Eligibility, Benefits, Features, Apply Online

kviconline.gov.in PMEGP Loan 2025, Eligibility, Benefits, Features, Apply Online The Prime Minister’s Employment Generation Programme (PMEGP) Loan 2025 is the flagship scheme of the Government of India to encourage entrepreneurship and create employment opportunities in rural as well as in urban areas. It is implemented by the Khadi and Village Industries Commission (KVIC), providing financing to create new microenterprises in manufacturing, services, and trade. Through the scheme, applicant entrepreneurs can also take loans in amounts up to ₹25 lakhs for manufactures and ₹10 lakhs under the service/trading project with government subsidy percentages of 15% to 35% offered on the applications according to his/her category/location.

The procedure of PMEGP Loan in 2025 is online process, thus all applicants who become a budding entrepreneur may apply as an applicant easily by logging online, following the official procedures available at PMEGP E-portal. It would be eligible as long as it meets the qualification criteria, and this includes those 18 years and above for projects costing over ₹10 lakh, and then a Class 8 qualification will suffice. Expanses towards machinery, equipment, and working capital can all be covered under this loan. Interested candidates are requested to prepare a detailed project report and submit the necessary documents such as Aadhaar, PAN card, and proof of residence for a hassle-free application process.

PMEGP Loan 2025 Overview

PMEGP Loan Eligibility 2025

• The applicant must be a person over the age of 18 years.
• No educational qualification is required for projects costing up to 10 lakh for manufacturing and up to ₹5 lakh for service sector.
• Eighth standard education qualification is required for projects costing more than ₹10 lakh in the manufacturing sector and ₹ 5 lakh in the business or service sector
• Only new projects sanctioned under PMEGP are eligible under the scheme

PMEGP Loan Features 2025

• Max Project Cost: ₹50 lakh (manufacturing) & ₹20 lakh (service/business).
• Beneficiary Contribution: General: 10%, Special Category: 5% (SC/ST/OBC/Women, etc.).
• Subsidy: General: 15% (Urban), 25% (Rural), Special: 25% (Urban), 35% (Rural).
• Inclusions: Capital expenditure, one cycle of working capital (land excluded).
• Eligibility: One applicant per family (self/spouse).
• Repayment: 3–7 years (as per bank terms).
• Additional Benefits: CGTMSE guarantee cover for entrepreneurs.

PMEGP Loan Benefits 2025

Flexible Finance –

• Provides cash credit for working capital and term loan for capital expenditure.
• Guarantee of CGTMSE waives the need for collateral.

Subsidy & Security –

• Subsidy: 15%-35% for projects (₹50 lakh for manufacturing, ₹20 lakh for service).
• Relaxation of collateral requirements and pressure of repayment

Marketing Support –

• Products of PMEGP are sold in KVIC outlets
• KVIC also organizes exhibitions, workshops, and buyer-seller meets to give wider exposure

Local Employment –

• It enhances rural self-employment and artisanal talents.
• This reduces the need to migrate to urban areas for jobs.

PMEGP Loan 2025 Documents Required

• Aadhaar card, PAN card
• Caste certificate
• Special category certificate, if required
• Rural area certificate
• Project report
• Education/EDP/Skill Development training certificate.
• Any other document can be called for on a case-to-case basis.

How to PMEGP Loan 2025 Apply Online?

• Visit the PMEGP Portal Visit the official website at www.kviconline.gov.in. Prime Minister’s Employment Generation Programme PMEGP Loan 2025 Apply Online
• Register Sign up for a new account using your email ID and mobile number.
• Fill Application Fill in the online application form with the required details.
• Submit Documents Upload necessary documents such as Aadhaar, PAN, proof of residence, and project report.
• Pay Fee Make the online payment for the application fee, if applicable.
• Submit Application Review and submit your application.
• Track Status Look for the application status on the portal.

Important Links

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