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+91-80942 37237
support@legaldalal.comWhat is Invoice Discounting under PMEGP?
Invoice Discounting under PMEGP is a special financial facility for small and medium scale industries, manufacturing units, and Micro, Small & Medium Enterprises (MSMEs) who are availing the PMEGP subsidy or are working under PMEGP guidelines. It provides them the facility of receiving the advance payment on their due or outstanding bills without having to wait for their buyers or customers to settle. This institution enables unlocking of critical working capital to enable businesses to experience a smooth cash flow, finance operational costs, invest in raw materials, and boost growth.
In effect, invoice discounting translates your pending bills into cash at hand by associating with banks or NBFCs which make an advance payment, secured by the value of the invoice and proof of subsidy under PMEGP. This eliminates the typical period of 30 to 90 days and accomplishes quicker growth in business.
Legal Dalal is your reliable partner who guides you every step of the way—right from document preparation and lender matching to end disbursal and compliance management.
Why Legal Dalal for Invoice Discounting under PMEGP?
- End-to-End Document Handling: Legal Dalal documents and authenticates all documents required, such as invoice proofs, application letters, subsidy certificates, and KYC, making them ready for submission without documentation errors or delay.
- PMEGP-Focused Knowledge: Our experts are graduates of managing invoice discounting only from PMEGP rules and regulations, from arranging with Khadi and Village Industries Commission (KVIC) rules to subsidy designs.
- Rapid Approvals & Disbursals: Our intimate familiarity with bank and NBFC rules and senior-level connections with banking entities enable us to offer quicker approval with good amounts of time saved.
- Network with Banks & NBFCs: Legal Dalal has a network of various banks and NBFCs who purchase PMEGP units and subsidies, increasing your chances of securing the finest funding terms.
- Pan-India Presence: Regardless of whether your business is in Maharashtra, Delhi, Gujarat, Tamil Nadu, or any other place, Legal Dalal provides simple invoice discounting services in all India.
Our Inclusive Services
PMEGP Invoice Discounting Service
Get advance payment on bills sent to government, private, or institutional customers. We format your bills in the correct manner and can be discounted.
Document Verification & Drafting
Legal Dalal prepares and authenticates all supporting documents such as buyer-supplier agreement, sanction letter for subsidy, and tax invoice according to PMEGP guidelines.
Finance Partner Matchmaking
We connect you to verified financial institutions and lenders providing invoice discounting exclusively for PMEGP-funded ventures so that you enjoy the best terms.
Online Filing & Compliance Management
All applications, supporting documents, and communications are electronically processed for seamless transparency and fast processing.
Post-Sanction Support
Legal Dalal delivers EMI installations, repayment schedules, and legal explanations so that ease of servicing the loan and compliance is facilitated.
Benefits of Invoice Discounting under PMEGP
- Quicker Access to Working Capital: No delay for the traditional 30–90 days payment period. Turn invoices into cash in a short time frame.
- Zero Collateral Requirement: The same invoice that is due is taken as collateral, thereby doing away with the need to pawn fixed assets.
- Designed Especially for MSMEs: The program is designed especially for PMEGP-registered MSMEs so that they are able to grow without any obstacles financially.
- Improved Cash Flow Cycles: Payroll, raw material procurement, and business growth become possible without any cash shortages.
- No Dilution of Equity: Avail short-term finance without dilution of interests or equity in your business.
Step-by-Step Guide to Use Invoice Discounting under PMEGP
- Ensure Eligibility: Legal Dalal ensures that your company is eligible under the PMEGP scheme and checks the invoice to be according to the given format.
- Invoice Preparation: We assist you in preparation of the invoice with all the details such as PMEGP unit proof and subsidy documents.
- Filing of Application: We collate and file your application and all the documents with link banks or NBFCs of PMEGP finance.
- Coordination with the Lender: Legal Dalal coordinates lenders, track your application, and secure timely disbursement of funds against your invoice.
- Tracking & Closure: We monitor repayments and compliance, enable you to settle the transaction and look forward to future invoice discounting transactions.
Documents Required for Invoice Discounting under PMEGP
- Original Tax Invoice (issued to client or buyer)
- Business PAN Card & GST Certificate
- PMEGP Sanction or Letter of Acknowledgment
- Bank Statements (recent 6 months)
- Buyer Agreement or Purchase Order (where available)
- Business Owner’s KYC Documents
- Udyam/MSME Registration Certificate
- Undertaking/Declaration on lender’s standard template
Why Should You Select Legal Dalal For Invoice Discounting?
Invoice Discounting with Legal Dalal is simple. Here’s the step-via-step process:
Real Professionals: Decades of experience in handling PMEGP subsidy schemes with absolute compliance.
Seamless Digital Workflow: Our guidance ensures that the lacuna between legal document and financial process is plugged.
Quick Turnaround Time: Apply today and begin tracking your funds within days.
No Hidden Charges: No hidden fees or commission from you—straight transparency all the way.
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