Kaveri Path, Mansarovar Sector 1, Mansarovar, Jaipur
Government Subsidies & Benefits
PMEGP

Prime Minister’s Employment Generation Programme

The Prime Minister’s Employment Generation Programme (PMEGP) is a credit-linked subsidy scheme for self-employment opportunities through micro-enterprises in the non-farm sector.

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Fund under PMEGP Scheme will be available in two heads.

Categories of beneficiaries under PMEGPBeneficiary contributionUrbanRural
General Category10%15%25%
Special Category5%25%35%

Note:

  • The maximum cost of the project/unit admissible for Margin Money subsidy under Manufacturing sector is Rs. 50 lakhs.
  • The maximum cost of the project/unit admissible for Margin Money subsidy under Business/Service sector is Rs. 20 lakhs.
  • The balance amount (excluding own contribution) will be provided by banks.
  • If total project cost exceeds Rs. 50 lakhs or 20 lakhs for Manufacturing/Service sectors, balance may be provided by banks without any Government subsidy.

Eligibility for Margin Money Subsidy:

  • Individuals above 18 years of age.
  • Beneficiaries should possess at least 8th standard pass qualification.
  • Assistance is only for new units.
  • Existing units or units that have already availed Government subsidy are not eligible.
  • Only one person from a family (self + spouse) is eligible.

Loan for Upgradation of Existing PMEGP Units:

Existing beneficiaries can avail additional loan for modernizing/upgrading their units.

Note:

  • Max project cost admissible for upgradation: Manufacturing Rs. 1 crore (max subsidy Rs. 15 lakh, 20 lakh for NER/Hill), Business Rs. 25 lakh (max subsidy Rs. 3.75 lakh, 5 lakh for NER/Hill).
  • Balance amount provided by banks.
  • If project cost exceeds these limits, banks provide balance without Government subsidy.

Eligibility for Upgradation:

  • Margin Money (subsidy) claimed under PMEGP must be successfully adjusted after 3-year lock-in period.
  • First loan under PMEGP/REGP/MUDRA must be successfully repaid.

Subsidy Documents

Aadhaar Card
PAN Card
Project Report
Caste Certificate
Special Category Certificate, if required
Rural Area Certificate
Education / Skill Development Training / EDP Certificate
Authorization Letter

About the Scheme

How Utkarsh Finserv Helps You Avail PMEGP Subsidy

Step 1: Eligibility Verification & Guidance

We first:

  • Assess your profile (individuals, SHGs, co-ops, registered trusts/societies)
  • Confirm your eligibility (age 18+, new business, not a defaulter)

Only new units are eligible. No subsidy for existing businesses.

Step 2: Registration & Documentation Support

We help you with:

  • Online registration on the official PMEGP portal
  • Compiling KYC documents, educational qualification proof, project cost estimates, etc.

Proper documentation is key to smooth approval.

Step 3: Project Report & Business Plan Creation

Our experts will:

  • Create a customized business plan for your venture
  • Prepare financial projections aligned with bank expectations

A strong project report boosts your approval chances.

Step 4: Bank Loan Application & Handholding

We coordinate with partner banks to:

  • Submit your loan application with required documents
  • Ensure proper linkage of PMEGP subsidy with your loan file

Step 5: Subsidy Claim & Monitoring

Once the bank sanctions and disburses the loan:

  • The subsidy (15%–35% depending on your category & location) is claimed from KVIC/KVIB/DIC
  • We help you track and follow up on subsidy release to your account

Subsidy is held in a separate account and adjusted after 3 years.

Want to Start Your Business with PMEGP Support?

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