What is PMEGP?

Indian entrepreneur receiving PMEGP loan assistance from Legal Dalal team
Get financial support under the PMEGP scheme with Legal Dalal’s expert guidance.

Prime Minister Employment Generation Programme (PMEGP) is a scheme run by the Ministry of Micro, Small and Medium Enterprises (MSME). The scheme gives a financial subsidy to small business units and individuals to start new projects. The scheme gives a government subsidy of 15% to 35% of the project cost. The remaining amount is given as a loan by a bank.

You can do a loan of ₹25 lakh (manufacturing) and ₹10 lakh (services). The scheme encourages self-employment, especially in rural and semi-urban areas, and supports economic growth by funding small enterprises.

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    Why Legal Dalal for PMEGP?

    •  Step-by-Step Guidance: We assist you from eligibility check to disbursement, loan.
    • Project Report Assistance: Our professionals prepare detailed project reports (DPR) as per bank guidelines.
    • Bank Coordination: We coordinate with banks and settle queries to expedite your approval.
    • Reasonable Packages: Legal Dalal offers reasonable packages aimed at startups.
    • Higher Success Rate: With years of experience, we enhance your probability of approval.

    Our PMEGP Services

    Benefits of PMEGP Scheme

    • Loan up to ₹25 Lakh: Large loan amount for manufacturing and service sectors.
    • Subsidy up to 35%: Government shares a significant portion of your project cost.
    • No Collateral for up to ₹10 Lakh: Ideal for first-time entrepreneurs.
    • Available Across India: Available for rural and urban applicants both.
    • Reserved Quota for Special Categories: SC, ST, OBC, women, minorities, and ex-servicemen are entitled to higher subsidy and priority.

    Documents Required for PMEGP Application

    • Aadhaar Card and PAN Card
    • Recent Passport Size Photo
    • Educational Qualification (Minimum 8th pass for large projects)
    • Detailed Project Report (DPR)
    • Rural Area Certificate (if applicable)
    • Caste Certificate (SC/ST/OBC/PH/Minority – if applicable)
    • Bank Account Details with IFSC
    • Self-Declaration (Not availed other subsidy schemes)
    • EDP Training Certificate (prior to final disbursal)

    PMEGP Loan Application Process

    • Consultation: We go through your business plan and check your eligibility.
    • Document Preparation: We collect and prepare all the documents needed.
    • DPR Drafting: You create a complete project report to accompany your application.
    • Online Submission: Application uploaded on the PMEGP portal.
    • Bank & DIC Approval: We facilitate liaison between the bank and DIC for sanction of your application.
    • Loan Disbursal & Unit Setup: The amount is disbursed and you start establishing your unit.
    • Subsidy Claim: Once authenticated, the government releases the subsidy directly to your bank.

    Why Legal Dalal is the Right Partner

    PMEGP with Legal Dalal is simple. Here’s the step-via-step process:
    1000+ Projects Handled

    Experienced in Government Schemes

    Clear Communication
    Affordable Support

    FAQs

    It’s a credit-linked subsidy scheme by the Government of India to support new entrepreneurs with funding for setting up small businesses.
    Any Indian citizen over 18 years with a business plan and without any prior PMEGP subsidy can apply.
    You can take up to ₹25 lakh for manufacturing or ₹10 lakh for service-based business.
    15% to 35% of the project cost, depending on your category and location of your business.
    No collateral is needed for loans up to ₹10 lakh.
    It typically takes 4 to 8 weeks from the time of application completion, depending on bank processing and document readiness.
    Yes. We handle all the steps, ranging from post-loan compliance to subsidy documentation.

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