PMEGP 2026: Eligibility, Benefits & How to Apply
Prime Minister's Employment Generation Programme (प्रधानमंत्री का रोजगार सृजन कार्यक्रम) — Up to 35% subsidy on a new micro-enterprise · Anyone 18+ starting a new non-farm unit
Up to 35% subsidy on a new micro-enterprise — Anyone 18+ starting a new non-farm unit
Source: pib.gov.in · checked 21 Oct 2026
PMEGP quick answers
Benefit
- Margin money subsidy of up to 35% of project cost for new non-farm micro-enterprises.
- Project cost up to ₹50 lakh in manufacturing and ₹20 lakh in services.
- The rest is a bank loan; applications are online in 19 regional languages (since June 2025).
Source: pib.gov.in ↗ · 21 Oct 2026
PMEGP official links
Latest official updates
- Since launch and as of May 2026, PMEGP has supported over 10.84 lakh micro-enterprises with Rs 29,623 crore of margin money subsidy and over 97 lakh jobs; since June 2025 applications are open in 19 regional languages.static.pib.gov.in ↗
- PMEGP gives margin money subsidy of up to 35% for new non-farm micro enterprises with project cost up to Rs 50 lakh (manufacturing) and Rs 20 lakh (service).pib.gov.in ↗
Am I eligible for PMEGP?
Source: myscheme.gov.in ↗ · 21 Oct 2026
How to apply
Steps
- Visit the official website https://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsp.
- Click on the “Apply” button under the “Application For New Unit” tab .
- Furnish all the required details on https://www.kviconline.gov.in/pmegpeportal/jsp/pmegponline.jsp and click on Save Applicant Data.
- On the next page, upload the required documents and proceed for final submission.
- Click on the “Apply” button under “Application For Existing Units (2nd Loan)” tab.
- Click on the Online Application tab and fill the complete form on : https://www.kviconline.gov.in/pmegpeportal/pmegpIILOAN/index.jsp.
- Complete the form and click on Next page, upload the required documents and proceed for final submission.
- Visit the official website of PMEGP Portal: https://www.kviconline.gov.in/pmegpeportal/pmegpIILOAN/applicantLogin.jsp.
Documents
- Caste Certificate
- Special Category Certificate, wherever required
- Rural Area Certificate
- Project Report
- Education / EDP / Skill Development Training Certificate
- Any other applicable document
Source: myscheme.gov.in ↗ · 21 Oct 2026
PMEGP: questions people ask
What Is The Component Of Project Cost?
Capital Expenditure Loan, one cycle of working capital and 10% of project cost as own contribution in case of General category and 5% of project cost in case of weaker section.
Which Are The Financial Agencies?
27 Public Sector Banks, Regional Rural Banks(RRB), Co-operative Banks, and Private Scheduled Commercial Banks approved by respective State Task Force Committee.
Where The Beneficiary Has To Submit His/Her Application/ Project?
The beneficiary can submit his/her application/Project online on kvic website www.kvic.org.in / kviconline.gov.in/pmegpeportal. A list of office addresses of KVIC/KVIB/DIC is available at our website.
Source: myscheme.gov.in ↗
What changed on this page
· Since launch and as of May 2026, PMEGP has supported over 10.84 lakh micro-enterprises with Rs 29,623 crore of margin money subsidy and over 97 lakh jobs; since June 2025 applications are open in 19 regional languages.
· PMEGP gives margin money subsidy of up to 35% for new non-farm micro enterprises with project cost up to Rs 50 lakh (manufacturing) and Rs 20 lakh (service).
· Facts checked against the official sources on 21 Oct 2026.
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