What do you get under PMEGP subsidy loan?
A bank loan with a subsidy of 15% to 35% of the project cost to start a new micro enterprise: projects up to ₹50 lakh in manufacturing and ₹20 lakh in services.
Who is eligible for PMEGP subsidy loan?
- Anyone 18+ starting a new unit (not an existing one).
- Class 8 pass for projects above ₹10 lakh (manufacturing) or ₹5 lakh (services).
- Higher subsidy for SC/ST/OBC, minorities, women, ex-servicemen, persons with disabilities, NE, hill and border areas, and rural units.
Documents needed for PMEGP subsidy loan
0 of 6 ready
Offices may ask for more. Check the official list before you go.
How to apply for PMEGP subsidy loan
- Apply online on the KVIC PMEGP e-portal with a project report.
- Complete the short entrepreneurship training before the subsidy is released.
Common questions
Who is eligible for PMEGP subsidy loan?
Anyone 18+ starting a new unit (not an existing one). Class 8 pass for projects above ₹10 lakh (manufacturing) or ₹5 lakh (services). Higher subsidy for SC/ST/OBC, minorities, women, ex-servicemen, persons with disabilities, NE, hill and border areas, and rural units.
How much do I get under PMEGP subsidy loan?
A bank loan with a subsidy of 15% to 35% of the project cost to start a new micro enterprise: projects up to ₹50 lakh in manufacturing and ₹20 lakh in services.
What documents do I need for PMEGP subsidy loan?
Aadhaar card (linked to your mobile number); PAN card; Business proof or plan (Udyam, vending certificate, quotation); Education certificates (marksheets); Caste certificate (SC / ST / OBC), if you claim it; Bank passbook or account details (Aadhaar-seeded account).
How do I apply for PMEGP subsidy loan?
Apply online on the KVIC PMEGP e-portal with a project report. Complete the short entrepreneurship training before the subsidy is released. Official site: https://www.kviconline.gov.in/pmegpeportal/
Do I have to pay anyone to apply for PMEGP subsidy loan?
No. Applying for a government scheme is free on the official portal, and at Common Service Centres you pay only the notified service fee, if any. Never pay an agent who promises approval.
Official sources
Last checked 30 October 2026; next review by 30 April 2027. Rules and amounts change, so confirm on the official site before you apply. IndiaDigital is independent and not a government site.