PMEGP — Prime Minister's Employment Generation Programme
KVIC / Ministry of MSME
📋 Overview
PMEGP supports new micro enterprises through bank term loan/working capital with government margin money subsidy. Published limits: project cost up to ₹50 lakh (manufacturing) and ₹20 lakh (service). Margin money subsidy ranges from 15% to 35% of project cost depending on location (urban/rural) and beneficiary category (general/special). Beneficiary own contribution: 5–10%. Only new units are eligible; existing units and self-financing are not covered.
Benefit summary
Margin money subsidy 15%–35% of eligible project cost.
📎 Typical documents
- ✓Aadhaar card
- ✓Project report / DPR
- ✓Caste certificate (for special categories)
- ✓Rural residence proof (where applicable)
- ✓EDP training certificate (after sanction)
AIFund provides discovery and workflow assistance. Eligibility scores are indicative and must not be treated as approval, sanction or a government decision. Verify current rules on the responsible authority's official portal.