Apply To Business Loan Under Pradhan Mantri Rozgar Srijan Yojana – PMEGP

By | September 27, 2017

Apply To Business Loan Under Pradhan Mantri Rozgar Srijan Yojana – PMEGP

PM Rozgar Srijan Yojana || PMEGP || Pradhan Mantri Employment Generation Program || PM Loan Yojana || Start Up Loan Scheme || Business Loan Scheme || Self Work Loan Yojana || Pradhan Mantri Rozgar Yojana || Gramin Rozgar Yojana

Prime Minister’s Employment Generation Program (PMEGP)

Our prime minister has launched many schemes for benefits for normal people living in this country. Like this PM has launched another yojana named as Rozgar Srijan Yojana which is combination of two schemes i.e. pradhan mantri rozgar yojana and gramin rozgar yojana. The main motive of this scheme is to create more employment in urban as well as villages.

If you are 8th pass, take a loan of up to 10 lakhs, just with this simple condition

Even if you are eighth, you can also get a loan of Rs 10 lakh from the government. You have to complete just one simple condition for this. The loan amount can be increased from the government side if your education level is higher than the graduation level. The government will give you a maximum of 25 lakh loan. However, in order to take this loan, you have to fulfill one condition.

How To Get Loan

To get a loan, you have to prepare planning and project report beforehand to start a business. After seeing the project report, the Government will issue the loan from Khadi Village Industries.

The scheme to start your business

The most important thing to start a new business is money. If you do not have working capital then starting any kind of business can only be done in dreams, it will be difficult to make the reality. This loan will be given on the condition that you will use this money only for starting a business.

Who Will Eligible To Get Loan

) Under the Prime Minister Employment Generation Program (PMEGP), any person above 18 years of age can take such loan.

) It will be available to people living in both urban and rural areas.

) Individuals in general category can also take advantage of this scheme.

) In addition, special concession will be given to those living in SC, ST, OBC, minority, women, Divyang, ex-military personnel, north-east and hill areas.

) Self-help groups, societies and charitable institutions can also apply for such loans.

Concession On This Scheme

Applicants of the urban area should have at least 10 percent of their capital to take a loan. At the same time rural applicants should own 5 per cent of their capital. On the loan, the urban applicant of General Category will get 25% of the project and the applicant in the rural area will receive 15% concession. At the same time, there will be a concession of 25 to 35 per cent for other categories of applicants.

Availability Of Loan Amount

If you deploy any kind of factory then you can take a loan of up to 25 lakh. At the same time, to start a business in the service sector, this limit is 10 lakh rupees. So apply through filling online application form of  pradhan manrtri Rozgar Srijan Yojana. And get benefits of this yojana also make wings to your dream with this scheme. 

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