PMEGP

Pmegp Online application For Individual Applicant at kviconline.gov.in

by 13 Comments

Pmegp Online application For Individual Applicant Apply Online at kviconline.gov.in website….
PMEGP full form Prime Minister’s Employment Generation Programme. PMEGP is one of the Biggest Programme in all over India. This can be managed by Central Government. Actually PMEGP is a central sector scheme administered by the Ministry of Micro, Small and Medium Enterprises (MoMSME). For this scheme more than 18 years of age aspirants are only eligible and also Self Help Groups and Charitable Trusts, Production based Co-operative Societies etc also eligible. Coming to the point in this article we will provide How to Apply Pmegp Online application For Individual Applicant

Pmegp Online application For Individual Applicant

Now that you already know about the PMEGP scheme, it is time to complete the application form. As mentioned-above, there is no essence of visiting PMEGP offices yet you can fill the application form online hassle-free. But how can you pull this off successfully?

Pmegp Online application For Individual

If you cannot answer this question, then there is no reason to panic.  Below is a step-by-step procedure for filling PMEGP online application for individual at www.kvcionline.gov.in.

  • First things first, you need to visit PMEGP e-portal using www.kvcionline.gov.in as the link. Keep in mind you are free to use any web browser as long as it is appealing to you.
  • Once in the homepage, click on ‘Online Application Form for Individual’ option that is clearly visible. This action will automatically redirect you to a different page on PMEGP e-portal.
  • On the new page that appears, you’ll be able to the see the PMEGP application form.
  • To start things off, enter your 12 digit Aadhaar number after which you should fill in your name. Remember, the name filled must be in line with the Aadhaar card.
  • Next, choose one of the sponsoring agencies from the list given i.e. KVIC, KVIB, DIC or COIR BOARD.
  • You’ll then have to enter the state, district and sponsoring office in that order before specifying your gender and date of birth (DD-MM-YYYY)
  • Now complete the education qualification part. Ensure you select the relevant qualifications be it 8th pass, Under 8th, 10th Path, 12th Pass to mention a few
  • Fill the complete postal address including State, District, Pin Code, Mobile number, Email and PAN number.
  • Select the unit location i.e. Rural or Urban not forgetting the complete unit address including Taluka, District, Pin Code
  • Choose the type of activity from the activity list after which you should specify the name.
  • If you’ve undergone training before, you need to enter Training Institute name in detail
  • Next, break down the project cost in terms of capital expenditure, working capital and total loan. Fortunately, the system automatically calculates the total loan but you need to enter the loan in rupees
  • Fill the bank details including the IFSC code
  • Click on the checkbox to confirm the information shared is true to the best of knowledge. Keep in mind you’ll be held liable for suitable action in case you share the wrong information.
  • After filling in all the required information correctly, click on “Save Applicant Data” option.
  • Finally, upload the needed documents after which you should click on ‘submit’ button to complete the registration process.

Congratulations! You’ve now completed the application process for individual. Once you submit the details, an applicant ID and Password will be sent to your registered mobile.  With these two, you can log into the “PMEGP e-portal” from where you can complete the remaining part of the application process.

If you are looking forward to reaping maximum benefits, then you ought to complete the application  process first. Luckily, this is something that should never be giving you sleepless nights considering you can now rely on PMEGP e-portal to get done with everything from the comfort of your home. Whether you want to fill PMEGP application form for individual/non-individual or check PMEGP e-tracking status, simply visit their official website and you are good to go. Hopefully, this guide will prove beneficial thus making sure you do not go through a lot when using PMEGP e-portal.

If anybody have doubts on this “Pmegp Online application For Individual Applicant at kviconline.gov.in” article please leave a comment below.

Get PMEGP Scheme Updates to your Mail:

PMEGP Eligibility Conditions of Beneficiaries

by 3 Comments

The following are the PMEGP Eligibility criteria who are depending on bank loan those citizens must follow the below rules and regulations…..

PMEGP Eligibility Conditions of Beneficiaries

  • Any individual, above 18 years of age
  • There will be no income ceiling for assistance for setting up projects under PMEGP.
  • For setting up of project costing above Rs.10 lakh in the manufacturing sector and above Rs. 5 lakh in the business /service sector, the beneficiaries should possess at least VIII standard pass educational qualification.
  • Assistance under the Scheme is available only for new projects sanctioned specifically under the PMEGP.
  • Self Help Groups (including those belonging to BPL provided that they have not availed benefits under any other Scheme) are also eligible for assistance under PMEGP.
  • Institutions registered under Societies Registration Act,1860;
  • Production Co-operative Societies, and
  • Charitable Trusts.
  • Existing Units (under PMRY, REGP or any other scheme of Government of India or State Government) and the units that have already availed Government Subsidy under any other scheme of Government of India or State Government are not eligible.
PMEGP Eligible Criteria

Other PMEGP eligibility conditions

  • A certified copy of the caste / community certificate or relevant document issued by the competent authority in the case of other special categories, is required to be produced by the beneficiary to the concerned branch of the Banks along with the Margin Money (subsidy) Claim.
  • A certified copy of the bye-laws of the institutions is required to be appended to the Margin Money (subsidy) Claim, wherever necessary.
  • Project cost will include Capital Expenditure and one cycle of Working Capital. Projects without Capital Expenditure are not eligible for financing under the Scheme. Projects costing more than Rs.500000/-, which do not require working capital, need clearance from the Regional Office or Controller of the Bank’s Branch and the claims are required to be submitted with such certified copy of approval from Regional Office or Controller, as the case may be.
  • Cost of the land should not be included in the Project cost. Cost of the ready built as well as long lease or rental Work-shed/Workshop can be included in the project cost subject to restricting such cost of ready built as well as long lease or rental workshed/workshop to be included in the project cost calculated for a maximum period of 3 years only.
  • PMEGP is applicable to all new viable micro enterprises, including Village Industries projects except activities indicated in the negative list of Village Industries. Existing/old units are not eligible (Para 29 of the guidelines refers).

PMEGP Telangana Govt offer loans upto 25 Lakhs for Unemployed youth

by 23 Comments

PMEGP Telangana – Government of Telangana offering PMEGP loans upto 25 Lakhs for Unemployed youth…..
A number of India’s social schemes have popped up over the last couple of years to look into the needs of citizens.  After all, everyone is unique and proficient in their own way, and some need a lending hand from the schemes to change their lives for the better. Every now and then, new schemes emerge from the Indian government through the Ministry of MSME (Micro Finance), all aimed at making sure citizens succeed in life.  One of the most notable schemes at the moment is the Prime Minister Employment Generation Programme (PMEGP).

Telangana government decided to give loans for about 1 Lakh unemployed youth under the Prime Minister’s Employment Generation Programme (PMEGP). About 10 thousand youth will be selected from each district under this scheme. Under this scheme government cleared the hurdles for receiving online applications and also made the procedures for immediate sanctions. For this government already instructed the concerned officers to chalk out the plans.

The scheme will be implemented by the District Industries Centre (DIC), Khadi Village Industries Commission (KVIC) and Khadi and Village Industries Boards (KVIB). As already the Telangana government started the state job recruitment now it is also trying to tap the PMEGP scheme to help the youth of the state.

A maximum financial assistance of Rs.25 lakh and a minimum of Rs.5 Lakhs would be extended through banks for ventures. All the Prospective entrepreneurs under the general category can avail 25 per cent of the project cost as subsidy. All the applicants from SC / ST, MBC, minorities, ex-service personnel and differently abled categories, 35% subsidy will be given. Unlike the past, the government now wants to give the subsidy as soon as possible without any delays.

PMEGP Telangana

Documents Needed to Apply for a PMEGP Telangana Loan

If you meet the eligibility criteria, you can move on to the next step, which is the application part.  To have a smooth ride, below is a list of documents you need to apply for a PMEGP Telangana loan.

  • Caste or community certificate.
  • Aadhaar card
  • PAN card
  • Total cost of the project including a break-up of the working capital requirements and capital expenditure
  • Special category certificate, if needed
  • Authorization letter
  • Rural area certificate
  • Certificate from the controlling office of the bank clearly outlining the need for working capital
  • A claim to the appropriate subsidy

PMEGP Loan Telangana Notification will be released on 28th
A notification related to this will be released by the government on 28th of this month. All the applications must be submitted through online. The selection will be completed within a month span. All the subsidies to the concerned projects will be released in two months. Manufacturing units will be given higher loans and there will be support from government for their business improvement. Government also instructed the banks to provide loans as per the prescribed time duration.