PMEGP Scheme Application Registration Check Status & Benefits

By | July 23, 2019

Applicants who successfully submitted application form can check status/ track application through online by official web portal. Process is transparent such to avoid corruption cases and portal also help government as well as applicant to approve application in a low spam of time. Following mentioned details are about to check application status of PMEGP scheme.

Steps for KVIC PMEGP Scheme Application 2019:

Visit official website of KVIC www.kviconline.gov.in

Main home page will have an option of “login for Registered Application Form” select it and enter user ID and Password which was provided and sent to your registered mobile number at time of application form filling.

Now select application ID tap and click on View Status option after a few seconds you will be redirected to another window page where your application form status will display.

For any enquiry applicant can reach to nearest KVIC or DIC center or visit official page of PMEGP for enquiry.

Documents Required to Apply PMEGP Scheme Application Form: –

Applicants have to attach clear documents with application form such that application can approve without any interruption. Following documents are necessary documents to attach with application of PMEGP scheme.

Applicant should have Caste or community certificate or relevant to it any document from competent authority, which show that applicant is eligible for loan under PGEMP scheme.

A subsidy claim to this applicant is relevant

Cost of project with breakup of capital expenditure and also working capital of establishment for at least one cycle.

In case if there is no use of working capital then there should be approval of breakup from regional office or controller of bank branch.

If applicant wants to include rent or lease of any work shed or work shop then providing such rent/ lease are to be not more than 3 years.

Cost of land cannot be included in project cost

In total project cost 10% should be comprise of applicant own contribution for general category, and for weaker category applicant should have its own contribution of around 5% from total project cost.

Benefits of PMEGP Scheme: –

This scheme PMEGP will provide many number of benefits in accordance to residential area and location of establishment manufacturing industry or service center. Among benefits of scheme of benefit scheme is subsidy scheme.

Subsidy scheme is provided by Government itself through designated banks and bank will done disbursement to applicant / entrepreneur’s bank account. Maximum amount of project cost is Rs. 25 lakhs for manufacturing sector and Rs. 10 lakhs for service sectors under PMEGP scheme. As per location subsidy rate will changes and in following tabular column will show subsidy rate details.

Location / area of Establishment Beneficiary share in total project Beneficiary’s Contribution
Special Rural 5% 35%
General Rural 10% 25%
Special Urban 5% 25%
General Urban 10% 15%

Above subsidy rates are applicable as per stated by Central government of India and eligible applicant or entrepreneur can also avail benefits of subsidy.

 

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