The Prime Minister Employment Generation Program scheme has recently been started by the Central Government. Under this scheme, the government provides loan facility to people to start their own business, on top of which subsidy is also given by the government. Under the scheme, loans ranging from Rs 2 lakh to Rs 10 lakh are provided to entrepreneurs at very low interest rates. The application process under this scheme has been kept both online and offline.
If you also want to start your own business but due to lack of money you are not able to do so, then this scheme can prove to be a boon for you. In today's article, we are going to tell you about “Pradhan Mantri Employment Generation Program Scheme”. In this article you will be provided information about all the benefits available under this scheme. For which you will have to read our article completely till the end, so let's start our today's article and know about this scheme.
How to apply under PM Employment Generation Program Scheme?
PMEGP Loan Apply Online
Under this scheme, the target has been set to make the people of the country self-reliant. Under this scheme, loan facility is provided by the government to all the people of the country who want to start their own business. Along with this, if a person wants to take subsidy on investment made for business under the scheme instead of taking loan, then subsidy is also provided to him by the government.
Under this scheme, loan amount ranging from Rs 2 lakh to Rs 10 lakh is provided by the government. This loan provided by the government is provided to the people at a very low interest rate. Along with this, subsidy of 25 to 30 percent is also provided under this scheme.
Benefits and features of PM Employment Generation Program Scheme
There are many benefits of the Prime Minister Employment Generation Program Scheme, under this scheme, loans for employment will be provided to all types of businessmen of the country. Under this scheme, loan amount ranging from Rs 2 lakh to Rs 10 lakh is provided, which is an acceptable amount for doing any business. Along with this, under this scheme, 35 percent subsidy is provided to the traders in rural areas and 25 percent subsidy to the traders in urban areas.
Necessary eligibility for PM Employment Generation Program Scheme
For every scheme launched by the government, the necessary eligibility criteria are set by the government. The eligibility criteria related to this scheme are as follows:-
To avail the benefits of the scheme and apply under it, the age of the applicant should be at least 18 years.
The applicant should have complete information about his business.
Under this scheme, loan will be provided only for business and not on the land taken for doing business.
To avail the benefits of the scheme, the entrepreneur must be a native of the country.
The applicant should have all the necessary documents with him.
PM Employment Generation Program Scheme Required Documents
To apply under this scheme, you must have its original documents, which are as follows: -
Applicant's aadhar card
Caste certificate of the applicant
Basic address proof
bank related information
Business related information
Applicant's mobile number.
How to apply under PM Employment Generation Program Scheme?
To apply under this scheme, you will have to follow these easy steps given by us:-
For this, first of all you have to go to the official website of “Pradhan Mantri Employment Generation Program Scheme”.
After this the home page of this website will open in front of you.
On this home page, the application form will first open in front of you.
You have to fill this application form carefully.
After filling the application form, you have to save it.
As soon as you save it, you will be provided ID password to login to this portal through the website.
After this, you have to upload some of your important documents on this website, which we have told you about in this article.
After this, in the next page, you have to fill your EDP information along with some general information and click on the “Submit” button.
