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PMEGP Loan & Subsidy

Transform Your Business Ideas into Reality with Government Support!

The Prime Minister’s Employment Generation Program (PMEGP) is a flagship initiative by the Government of India designed to empower entrepreneurs and generate employment opportunities. The Scheme provides financial assistance for new businesses and machinery investments for those individuals who are looking forward to establish or expand micro, small, and medium enterprises (MSMEs). At eBiz Consultancy, we will help you to get benefits under PMEGP Scheme to secure loans and subsidies with ease.

The PMEGP (Prime Minister’s Employment Generation Program) With eBiz Consultancy, you can avail up to 95% loan and significant subsidy support seamlessly.

What is PMEGP?

PMEGP provides financial assistance to The program bridges the gap between vision and resources by offering.

For machinery worth ₹1 crore, you can avail a loan up to ₹95 lakhs and a subsidy up to ₹58 lakhs

Subsidy for Rural Areas

Category PMEGP (Subsidy) Capital Subsidy Interest Subsidy Total Subsidy % of Machinery Cost
Category I ₹17,50,000 (35%) ₹23,75,500 (25%) ₹16,96,000 (8% for 7 years) ₹58,21,000 58%
Category II ₹17,50,000 (35%) ₹19,00,000 (20%) ₹15,58,000 (7% for 6 years) ₹52,08,000 52%
Category III ₹17,50,000 (35%) ₹9,50,000 (10%) ₹14,27,000 (6% for 5 years) ₹41,27,000 41%

Subsidy for Urban Areas

Category PMEGP (Subsidy) Capital Subsidy Interest Subsidy Total Subsidy % of Machinery Cost
Municipality/Category I ₹12,50,000 (25%) ₹23,75,000 (25%) ₹18,54,000 (8% for 6 years) ₹54,79,000 55%
Category II ₹12,50,000 (25%) ₹19,00,000 (20%) ₹16,91,000 (7% for 6 years) ₹48,41,000 48%
Category III ₹12,50,000 (25%) ₹9,50,000 (10%) ₹15,45,000 (6% for 5 years) ₹37,45,000 37%

For machinery worth ₹50 lakhs, you can avail a loan of up to ₹47 lakhs and a subsidy of up to ₹35 lakhs

Subsidy for Rural Areas

Category PMEGP (Subsidy) Capital Subsidy Interest Subsidy Total Subsidy % of Machinery Cost
Category I ₹17,50,000 (35%) ₹11,87,500 (25%) ₹5,64,000 (8% for 7 years) ₹35,01,500 70%
Category II ₹17,50,000 (35%) ₹9,50,000 (20%) ₹5,33,000 (7% for 6 years) ₹32,33,000 65%
Category III ₹17,50,000 (35%) ₹4,75,000 (10%) ₹4,54,000 (6% for 5 years) ₹26,79,000 54%

Subsidy for Urban Areas

Category PMEGP (Subsidy) Capital Subsidy Interest Subsidy Total Subsidy % of Machinery Cost
Category I ₹12,50,000 (25%) ₹11,87,500 (25%) ₹7,30,000 (8% for 6 years) ₹31,67,500 63%
Category II ₹12,50,000 (25%) ₹9,50,000 (20%) ₹6,49,000 (7% for 6 years) ₹28,49,000 57%
Category III ₹12,50,000 (25%) ₹4,75,000 (10%) ₹5,36,000 (6% for 5 years) ₹22,61,000 45%