The Prime Minister’s Employment Generation Programme (PMEGP) Portal Application 2024 is a streamlined online platform that enables aspiring entrepreneurs and individuals to apply for PMEGP loans. This initiative taken by the Khadi and Village Industries Commission (KVIC) aims to foster self-employment opportunities and promote micro-enterprise development across India.
Only newly approved projects that fall under the PMEGP specifically are eligible for assistance under the scheme. After disbursement of the loan amount, the Financing Bank shall claim a margin money subsidy online through the online portal.
PMEGP
The Khadi and Village Industries Commission (KVIC) is the central authority in charge of overseeing the PMEGP scheme. The scheme is implemented at the state level through collaboration between:
- State KVIC Directorates.
- State Khadi and Village Industries Boards (KVIBs).
- District Industries Centres (DICs).
- Banks.
- KVIC channels government subsidies through designated banks for direct disbursement to beneficiaries and entrepreneurs into their respective bank accounts.
PMEGP Scheme
This is a credit credit-linked scheme of the government of India that combines the PMRY and former REGP programs. The Nodal Agency at the Federal Level is KVIC. The Ministry of Micro, Small, and Medium Enterprises manages the PMEGP, a central sector program.
PMEGP Online Application
An application form is available for candidates wishing to apply through the PMEGP Portal. Applicants can fill out the online application form correctly to take the details and benefits given by the government.
You will fill out the PMEGP Online Application Form with all of your personal and address information, which is stored in their records. Candidates who want to fill out the application form can see the details given below.
Kviconline.gov.in
The KVIC official website serves as a comprehensive platform for accessing information and services related to khadi and village industries in India. A searchable directory of khadi and village industries products, encompassing textiles, handicrafts, and food products, is readily available, allowing users to explore the diverse range of products offered.
Job seekers can readily access a listing of current job openings in Khadi and village industries, facilitating their search for employment opportunities in this sector.
Entrepreneurs seeking financial assistance can find detailed information on loans and subsidies available to Khadi and village industry entrepreneurs, empowering them to establish or expand their businesses.
PMEGP Eligibility
In order to apply for PMEGP, you must meet specific eligibility requirements. The following are the essential conditions:
- Must be an Indian citizen.
- Must be at least 18 years old.
- A minimum educational qualification of VIII standard pass is required for projects costing over Rs. 5 lakhs in the business or service sector and over Rs. 10 lakhs in the manufacturing sector.
- Must not have received benefits from any other government scheme for the same purpose
- Individuals, institutions registered under the Societies Registration Act of 1860, Production Co-operative Societies, Self Help Groups (including those from Below the Poverty Line who have not received benefits from any other scheme), and Charitable Trusts are eligible to apply.
PMEGP Required Documents
The following are the necessary documents that the applicant must submit with the application form:
- Aadhaar card.
- Caste certificate.
- PAN Card.
- Income Certificate.
- Education Qualification Certificate.
- Passport-size photo.
- Residential proof documents.
- Domicile Certificate.
- Mobile Number.
PMEGP Registration 2024
Follow the steps below to complete your PMEGP online application for the year 2024:
- Visit the official PMEGP website: https://www.kviconline.gov.in.
- On the homepage, locate and click on the “PMEGP” link from the menu.
- Select the “PMEGP PORTAL” link and open it in a new tab.
- Click on the appropriate application form link.
- If this is an individual application, please use the “Online Application Form for Individuals.”
- “Online Application form for non-individual” if you are applying as a group or organization
- Your screen will display the application form.
- Fill in all the required details carefully and accurately.
- Upload the necessary documents.
- To finish your verification, click the “Submit” button.
PMEGP Login
PMEGP’s official website has a login page. To log into the PMEGP Portal, you must enter your username and password. Then, follow the below steps.
- Visit the PMEGP Portal Official Website: https://www.kviconline.gov.in.
- On the homepage, locate and click on the “Registered Applicant Login” option.
- In the provided fields, enter your registered User ID and Password.
- Press on the “Login” button.
- Upon successful login, you will be logged into the PMEGP Portal.
Benefits of PMEGP
Here are some of the key benefits of PMEGP:
- Bank financial subsidy program for new microenterprises in the sector.
- Margin money subsidy on bank loans ranges from 15% to 35% for projects.
- In manufacturing, it is Rs50 Lakhs, and in the service sector it is up to Rs20 Lakhs.
- For benefits belonging to special categories such as SC/ST/Women/PH/Minorites/Ex-serviceman/NER, the money subsidy is 35% in rural areas and 25% in urban areas.
Nature of Assistance
- PMEGP offers loans without requiring you to pledge any assets as security.
- PMEGP provides a subsidy to reduce the amount of money you need to repay.
- PMEGP provides training to help you learn how to run your business effectively.
- PMEGP helps you get access to the infrastructure you need, such as land and facilities.
- PMEGP helps you improve your businesses with new technology
- PMEGP helps you export your products or services to other countries.
- PMEGP provides training for your employees to help them improve their skills.
Levels of funding under PMEGP
The levels of funding under PMEGP vary depending on the location of the project and the sector of activity. Here’s a breakdown of the maximum project cost and subsidy rates:
Individual applicant setting up a manufacturing unit in a rural area:
- Maximum project cost: Rs25 lakhs.
- Subsidy rate: 25%.
- Maximum subsidy amount: Rs6.25 lakhs.
Women entrepreneur setting up a service unit in an urban area:
- Maximum project cost: Rs5 lakhs
- Subsidy rate: 25%
- Maximum subsidy amount: Rs1.25 lakhs
The subsidy amount is calculated on the total project cost, including both term loans and working capital.
The bank will provide 60-75% of the project cost as a term loan and working capital.
How to Apply for PMEGP
The KVIC State/Divisional Directors, in collaboration with KVIB and the respective state Directors of Industries, will locally advertise through print and electronic media. They aim to invite applications and project proposals from individuals interested in launching enterprises or service units under PMEGP.
Prospective beneficiaries have the option to apply online. After completing the online application, they can print it out, Complete the form, and submit it with necessary documents like project report and proof of identity.
PMEGP Online Application Registration for Individuals
- Visit the official PMEGP website: https://www.kviconline.gov.in.
- On the homepage, locate and click on the “PMEGP” link from the menu.
- Select the “PMEGP PORTAL” link and open it in a new tab.
- Click on “Online Application form for Individual.”
- You will see the application form on your screen.
- Fill in all the required details, including Aadhaar card number, qualification, address, taluk, mobile number, email, PAN number, and type of activity.
- Provide the applicant’s bank account number and IFSC code.
- Check the accuracy of all the information entered with care.
- Click on the “Save Applicant Data” button.
- Attach the necessary documents to the application.
- To finish submitting your application, click “Submit”.
- Your application ID/User ID and password will be sent to your registered email address or mobile number.
PMEGP Loan Application Process
Applying for a Second Loan under the PMEGP Application Process:
- Access the official PMEGP website: https://www.kviconline.gov.in.
- Locate and click on the “Apply Online (For Second Loan)” link on the homepage.
- Select the “Online Application” option.
- Enter your application ID, Aadhaar number, and PAN number.
- Press on “Next” to proceed.
- Carefully fill out all the required details and upload the necessary documents.
- Thoroughly review your application for any errors.
- Click “Submit” to finish submitting your application.
PMEGP Scheme Application Form Online Process for Non-Individual
Here are the steps to Apply for PMEGP Online as a non-Individual:
- Visit the official PMEGP website: https://www.kviconline.gov.in.
- Click on the “PMEGP” link in the menu bar.
- Select the “PORTAL” link and open it in a new tab.
- Click on the “Online Application form for non-individual” option.
- Choose your organization type from the list.
- Fill out the application form with details.
- Click “Save Applicant Data” to save your progress.
- Upload the required documents.
- Click “Submit” to complete your application after checking it.
PMEGP Status Check
Using the PMEGP online Applicant Status View Form:
- Go to the PMEGP Applicant Status View Form website: https://www.kviconline.gov.in.
- Enter your Applicant ID in the “Enter Applicant ID” box.
- Press on the “Submit” button.
- Your application’s status will show up on the screen.
- The applicant’s registered email address or mobile number will be used to receive the User ID and password.
Eligible Caste or Category Applicants
The scheme also provides for special incentives for certain categories of applicants, including:
- Scheduled Castes (SCs)
- Scheduled Tribes (STs)
- Other Backward Classes (OBCs)
- Women
- Minorities
- Ex-serviceman
- NER (North Eastern Region)
What is the official website of PMEGP?
The official website of PMEGP is https://www.kviconline.gov.in/.
What is the subsidy provided under PMEGP?
The loan amount is subsidised by 25% for individuals and 35% for special category applicants (SC/ST/OBC/Minority/Ex-Servicemen/PHC).
What is the PMEGP maximum loan amount that can be obtained?
The maximum loan amount is Rs. 25 lakhs for manufacturing projects and Rs. 10 lakhs for service/business projects.
How do I track the PMEGP Status of my application?
You can track the status of your application online using the reference number provided upon submission. The status will be updated as your application progresses through various stages.
What is the contact information for applicants preparing for EDP Training Online under PMEGP?
Applicants preparing for EDP Training Online under PMEGP can reach out through the following contact details:
Phone Numbers: 07526000333 / 07526000555, Email: helpdesk@udyami.org.in, Website: https://www.udyami.org.in.
