How to apply PMEGP loan online

apply PMEGP loan online
apply PMEGP loan online

Do you dream of starting your own business but lack of money is stopping you? If yes, then the Prime Minister Employment Generation Program (PMEGP) is here to help you! It is an initiative of the government that provides loans with subsidy to promote entrepreneurship and create employment opportunities in both rural and urban areas. Everybody can easily apply PMEGP loan online.

In this blog, we will give you detailed information about the entire process of apply PMEGP loan online. We will cover eligibility criteria, list of documents, instructions to fill the application form and much more. So, without any delay, let’s know how you can also turn your business dreams into reality by getting PMEGP loan!

What is PMEGP loan?

The PMEGP is a scheme run by the Khadi and Village Industries Commission (KVIC), which encourages the development of the Micro, Small and Medium Enterprises (MSME) region. This scheme helps you to get a loan for the installation of your own enterprise or the existing enterprise.

Limit amount of loan amount for service units Rs. 20 lakhs and for manufacturing units Rs. Is 50 lakhs. In addition, the government provides subsidy up to 35% of the project cost, which reduces your financial burden.

Eligibility Criteria PMEGP loan

To apply for PMEGP loan, you have to meet some eligibility criteria:

Age limit: The age of the applicant should be between 18 and 65 years old.

Educational Qualification: No formal educational qualification is required. However, it is mandatory to successfully complete the Entrepreneurship Development Program (EDP) from a recognized institute.

Income limit: Applicant’s annual income for rural areas Rs. 1.5 lakhs for urban areas Rs. Should not exceed 2.5 lakhs.

Nature of Business: Loans can be used for any of the accepted micro and small scale industry activities, including manufacturing, service, agriculture and related activities.

Required Documents

While applying for PMEGP loan, you have to submit the following documents:

  • Aadhar card
  • PAN card
  • project report
  • Caste certificate (if applied)
  • Rural area certificate (if applied)
  • Educational Certificate / Skill Development Training Certificate / EDP Certificate
  • Bank passbook
  • Land documents (if applied)
  • Machinery / equipment purchase estimates
  • Passport Size Photo

Please note that this is a list of documents and banks can request you additional documents.

How to apply PMEGP loan online

Applying online for PMEGP loan is simple and convenient. You just have to follow these simple steps:

  • To fill the online form, first of all you come to the official website of PMEGP.


  • On clicking on the link, you will come to the official website of PMEGP, where you will see the form for personal application.
  • Now you have to fill all your necessary information in this form. Keep in mind that all the information should be matched with Aadhaar card and PAN card.
  • After filling all the information, you have to click on the option of Save Applicant Data.
  • On clicking, your application will be submitted and now you will get the option to upload the documents.
  • Here you will upload all the necessary documents and submit the form.
  • Once you complete the entire application, you are sent to an ID number and password on your registered mobile number. You have to save this ID and password. Because through this ID and password, you will be able to see your loan application status.

Your application will be sent to the respective nodal agency of KVIC. The nodal agency will examine your application and if it is found eligible, it will be sent to the concerned bank. The bank will consider your application and if it is approve, you will be provided a loan.

Also, Read How To Check The Status Of Sahara India Money Refund?


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