Benefit Amount
Subsidy 15-35% of project costSubsidy
✓ Government Verified✓ Direct Bank Transfer
ℹAbout Prime Minister Employment Generation Programme
The Prime Minister Employment Generation Programme (PMEGP) is a credit-linked subsidy scheme that helps you start your own micro business with financial support from the government. Whether you want to start a small shop, manufacturing unit, or service business in rural or urban areas, the government covers 15-35% of your total project cost as a subsidy, while you take a bank loan for the remaining amount. This significantly reduces your financial burden and makes it easier to become self-employed. You can apply online through the KVIC portal by submitting your business project report, bank loan sanction letter, and basic identity documents.
✓Who Is Eligible?
The Prime Minister Employment Generation Programme is open to Indian citizens aged between 18 and 45 years old. There is no income limit restriction, meaning both poor and middle-class families can apply. The scheme is open to all citizens regardless of caste or category, including General, OBC, SC, and ST candidates. Both men and women are equally eligible to apply for this scheme. You must have completed at least 8th standard education to qualify. The scheme is available across India in both rural and urban areas, so your location does not matter. You need to have a viable business idea that you want to start as a micro business, such as a small shop, manufacturing unit, or service business. There are no specific occupational restrictions mentioned, meaning you can start any legitimate business. First-time entrepreneurs as well as existing business owners can apply. However, you must meet all document requirements and be prepared to contribute your own funds alongside the government subsidy and bank loan. Check the official KVIC portal for any additional specific requirements or recent updates to eligibility criteria.
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Gender: Male, Female, Other✓
Category: General, OBC, SC, ST📝How to Apply for Prime Minister Employment Generation Programme
Here is a simple step-by-step guide to apply for the Prime Minister Employment Generation Programme. First, visit the official KVIC portal at https://www.kviconline.gov.in/pmegpeportal and create your account by providing your basic details. Second, prepare your business project report that describes your business idea, expected costs, and how you plan to run the business. Third, approach a bank and get a loan sanction letter for the remaining amount after the government subsidy. Fourth, gather all required documents including your Aadhaar Card, 8th pass certificate, the project report, and the bank loan sanction letter. Fifth, log into the KVIC portal and fill out the application form with all your personal and business details carefully. Sixth, upload all your documents in the required format as specified on the portal. Finally, submit your application and keep track of the reference number provided. You can check the status of your application regularly on the same portal. Make sure all your documents are clear and authentic before submission.
Visit Official Portal →📄Documents Required4 required
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Bank Loan Sanction Letter?Frequently Asked Questions
1What is the subsidy amount I will get under PMEGP?
The subsidy under PMEGP ranges from 15-35% of your total project cost. For general category applicants in urban areas, the subsidy is 15%, while for SC/ST/OBC applicants and those in rural areas, it can go up to 25-35% depending on the category and location.
2What is the maximum loan amount I can get under this scheme?
There is no fixed maximum loan amount under PMEGP. The loan is based on your project cost. For a micro enterprise, the project cost typically ranges from Rs. 5 lakhs to Rs. 25 lakhs depending on the type of business activity (manufacturing, trading, or service sector).
3Do I need to have 8th pass certificate only, or can I apply with higher qualifications?
You need a minimum of 8th pass certificate to be eligible. If you have higher qualifications like 10th, 12th, or graduation, you are still eligible and can apply. The 8th pass is just the minimum educational requirement.
4How do I get my bank loan sanctioned for PMEGP?
First, you need to prepare a detailed project report for your business idea. Then approach any participating bank (KVIC has tie-ups with multiple banks) with your project report and other documents. The bank will evaluate your proposal and, if approved, provide a loan sanction letter. You can then submit this letter along with other documents to apply for PMEGP subsidy.
5Can women apply for this scheme?
Yes, women are eligible and encouraged to apply under PMEGP. Women entrepreneurs often get higher subsidy rates compared to general category male applicants, depending on their location (rural/urban) and social category (SC/ST/OBC).
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