How to Apply for PMEGP Loan Scheme?

• PMEGP loan scheme is aimed at generating employment opportunities in rural and urban areas through the establishment of new self-employment ventures, projects or micro-enterprises.
• The PMEGP scheme offers a subsidy in the form of a money margin that ranges from 15% to 35% of the project cost, depending on the category and location of the beneficiary.
• The beneficiary has to contribute 5-10% of the project cost as their contribution. The remaining amount of the project cost is financed by banks.
• The scheme also offers a 2nd PMEGP loan for expansion or upgradation in the existing/related activities of well-performing PMEGP or MUDRA units.

Features of PMEGP Loan

Things to Consider Before Starting the PMEGP Loan Application Process

Before starting the PMEGP loan application process, borrowers should take care of the following:

• Check eligibility criteria to see whether they meet the PMEGP loan eligibility.
• Check for PMEGP documents required and keep them ready and up-to-date.
• Prepare a PMEGP project report.

Documents You Should Keep Handy

• Aadhaar card
• Photograph of the applicant
• Caste Certificate
• Special Category Certificate, wherever required
• Rural Area certificate
• Project Report
• Education/EDP/Skill Development training certificate

Applicants can apply for the PMEGP scheme online through two portals, namely,

• PMEGP Portal
• JanSamarth Portal

How to Apply Through the PMEGP Portal

Steps for New Application Filing

• Step 1. Visit the new PMEGP Portal.
• Step 2. Select the login option in the right corner of the menu bar.
• Step 3. Choose the "New Application" option.
• Step 4. Provide the required details in all the mandatory fields, select the required options from the dropdown menu, and click the 'Submit' button.

1. Aadhaar Number
2. PAN Number
3. Title
4. Implementing Agency
5. State
6. District
7. Social Category
8. Special Category
9. Qualification
10. Communication Address (if changes are required)
11. Primary Mobile Number
12. Secondary Mobile Number
13. Unit Address
14. Project Information
15. EDP Training Status
16. Capital Expenditure
17. Working Capital
18. No. of Employees
19. Primary Financing Bank
20. Alternate Financing Bank
21. Avail CGTMSE Facility
22. Where did you hear about PMEGP?

Tick the declaration and submit the application to proceed further.

• Step 5. 'User ID' and 'Password' are generated for future login. The credentials are also sent to the applicant via SMS on their registered mobile number.

Registered Applicant Login

• Step 6. Click on the "Registered Applicant Login" tab and log in using the user ID and password.

Edit Application

• Step 7. Select the "Edit Application" tab to update the details added at the initial level.

Score Card

• Step 8. Select the "Score Card" tab to update the score details and upload the necessary documents. Once all the documents are updated, click on the Submit button to save all the details.

Upload Documents

• Step 9. Click on the "Upload Documents" tab to upload all the mandatory documents listed in the tab. (All document sizes should be below 1 MB)

Final Submission

• Step 10. Once all the details are updated, click on the "Final Submission" tab. Verify all the details and documents uploaded and click on the Final Submit button to submit the application.
• Step 11. The application is now forwarded to the implementing agency as selected by the applicant.

For more details, click on the PDF below:

PMEGP User Manual

PMEGP Online Application for Existing Units

Login:

• Step 1: Navigate to the login option and click on the "New Application for Applying for Second Loan".
• Step 2: Click on the third option, "Application for Existing Units (2nd Loan)".
• Step 3: Enter all the previous application details and other details to proceed with the generation of new application login details.
• Step 4: Once the application is submitted, login details are shared on the registered mobile number of the applicant, and the applicant can log in using the fourth option, "Registered Applicant Login (2nd Login)".

Edit Application:

• Step 5: Click on the Edit Application option to enter all the mandatory details required for the application. Enter the details shown below:

1. Email ID
2. Mobile No.
3. Date of Complete Repayment of Loan
4. Repayment Amount
5. Unit Name
6. GST Number
7. Establishment Year
8. Cost for Second Loan: Capital Expenditure, Working Capital, Total Amount
9. No. of Employees
10. Change bank details if required (By default, the section will contain the bank details of the previous sanction)

Upload Documents:

• Step 7: Click on the "Upload Documents" option to upload all the listed documents. Once uploaded, click on the Save button to proceed further.

Final Submission:

• Step 9: Click on the "Final Submission" option to get a detailed preview of all the details filled in the "Application Form" and the documents uploaded.
• Step 10: Tick the declaration and submit the application.
  • Click on the "Yes" button to proceed further and then click on the "Final Submission" button.
  • After the final submission, the application will be forwarded to the implementing agency for further processing.

• The applicant will be contacted by the nodal officer of KVIC (Khadi and Village Industries Commission), State KVIB (Khadi and Village Industries Board), DIC (District Industries Centre) and other Implementing Agencies (IAs) within 5 working days of submitting the application by phone or in person to verify and confirm receipt and acceptance after the preliminary scrutiny.
• On receiving the communication of the loan sanction, the applicant is expected to submit details of their own contribution, along with a copy of the EDP (Entrepreneurship Development Programme) training certificate, photograph and Aadhaar number, to the financing bank within 30 working days.
• To upload EDP training details, applicants can log in to their PMEGP account on the portal and click on the "EDP Training" tab to add the details.
• To check the PMEGP loan status, applicants can log in to their account using their previous credentials and click on the "Current Status Menu". It will display the status-wise details of the application.

How to Apply for PMEGP Loan Offline

• Step 1: Visit the official PMEGP website at https://pmegp.msme.gov.in/
• Step 2: Click on the Application tab.
• Step 3: Select "Offline Application".
• Step 4: Choose your preferred language to download the application form.
• Step 5: Fill out and submit the offline application form to the nearest office of the respective Implementing Agency along with the required documents.

What is EDP Training?

• KVIC has developed an online module to offer free 2-day EDP training to prospective entrepreneurs.
• The training involves interactions with successful rural entrepreneurs, banks and field visits.
• Entrepreneurship Development Programme (EDP) training is mandatory for claiming margin money through the PMEGP e-portal.
• Beneficiaries can choose the mode of training and select their preferred training centre for offline training.
• For projects costing above Rs. 5 lakh, beneficiaries must undergo EDP training for 10 working days.
• For projects costing up to Rs. 5 lakh, beneficiaries must undergo EDP training for 5 working days.
• EDP training is not mandatory for projects costing up to Rs. 2 lakh.