Question 1

Who is eligible for PMEGP loan?

Accepted Answer

Any Indian citizen aged 18+ who has not availed PMEGP benefit before. SHGs, charitable trusts, co-operatives are also eligible. Only new projects qualify; existing units are not covered.

Question 2

What is the maximum loan amount?

Accepted Answer

₹50 Lakhs for Manufacturing units and ₹20 Lakhs for Service/Trading units. Subsidy is calculated on this project cost.

Question 3

What documents are required?

Accepted Answer

Aadhaar, PAN, photograph, education certificates, EDP certificate, project report, caste certificate (if applicable), 6-month bank statement, machinery quotations and premises proof.

Question 4

How is the subsidy calculated?

Accepted Answer

General category: 15% (Urban) / 25% (Rural). Special category (SC/ST/OBC/Women/Minority/Ex-SM/PH/NER/Hills/Border): 25% (Urban) / 35% (Rural).

Question 5

Can I apply if I already have a business?

Accepted Answer

No. PMEGP is meant for new ventures only. Existing or already financed businesses are not eligible under this scheme.

Question 6

How long does the approval process take?

Accepted Answer

Typically 45–90 days from submission, depending on bank scrutiny, EDP completion and KVIC/KVIB/DIC approvals.

Question 7

What is EDP training and is it mandatory?

Accepted Answer

Entrepreneurship Development Programme (EDP) is a short 2-3 week training organised by KVIC/KVIB/DIC. It is mandatory before subsidy claim release.

Question 8

Can I apply online or only offline?

Accepted Answer

Applications are filed online on the official KVIC PMEGP e-portal. We assist you end-to-end with documentation and submission.

PMEGP Sahayak

Apply for PMEGP Loan

Step 1: Personal Details

Step 2: Business Details

Step 3: Financial Details