PMEGP & CGTMSE Loan Scheme Applications
Application preparation and bank coordination for Prime Minister's Employment Generation Programme (PMEGP Subsidy Scheme) and Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE Collateral-Free Loans).
1. PMEGP Government Subsidy Scheme (KVIC)
PMEGP is a credit-linked subsidy scheme administered by Khadi and Village Industries Commission (KVIC) for setting up micro-enterprises. Max project cost is ₹50 Lakhs for Manufacturing and ₹20 Lakhs for Service Sector.
Urban Area Subsidy Rates
15% Subsidy for General Category; 25% Subsidy for SC/ST/OBC/Women/Ex-Servicemen.
Rural Area Subsidy Rates
25% Subsidy for General Category; 35% Subsidy for Special Categories (SC/ST/OBC/Women/Minority).
2. CGTMSE Collateral-Free Bank Guarantee
Under the CGTMSE scheme (Ministry of MSME & SIDBI), first-generation entrepreneurs can obtain credit facilities up to ₹2 Crores to ₹5 Crores without offering third-party collateral or land property security. The trust provides guarantee coverage up to 85% to commercial banks.
3. Mandatory Document Checklist
Required Documents for PMEGP & CGTMSE
- Detailed Project Report (DPR) prepared by CA
- Aadhaar & PAN Card of Applicant
- Caste Certificate / Special Category Proof (For 35% PMEGP subsidy)
- EDP Training Certificate (Assisted after loan sanction)
4. Step-by-Step Application Timeline
Step 1: PMEGP Online Portal Application & DIC Forwarding
Submitting online application on KVIC PMEGP portal and tracking DIC committee approval.
Step 2: Bank Sanction & Margin Money Subsidy Lock-in
Bank sanctions credit facility, claims CGTMSE cover, and deposits Government Margin Money Subsidy in TDR account.
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Mancherial Office Contact
B. Mallesh & Co., Co. Laxmi Theater, Indra Nagar, Mancherial, Telangana - 504208