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25 Lakhs PMEGP Loan Without Any Security | How To Get PMEGP Loan? | PMEGP Subsidy Loan In Kannada
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"PMEGP stands for PRIME MINISTER'S EMPLOYMENT GENERATION PROGRAMME. The Government of India has approved the creation of a new credit-linked subsidy programme named the PMEGP. Any adult recipient may receive financing through PMEGP. Processing facilities that use agricultural products as their primary raw materials. Products are made from minerals, chemicals, and polymers. 25% of the project's cost in rural areas and 15% in urban areas are eligible for a subsidy. Special Category: In rural areas, 35% of the project's cost is suitable for a subsidy, whereas in urban areas is 25%.
Regular interest rates for loans made under the PMEGP programme range from 11 to 12%. The applicants may also submit their applications online at www.kviconline.gov.in/pmegp/pm.... They should print off their applications before submitting them, together with the Detailed Project Report and any other relevant documentation, to the appropriate offices.
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