PMEGP Loan Online Application 2023 Registration at kviconline.gov.in, Eligibility Criteria for PMEGP Loan Scheme,
The government of India has introduced the Prime Minister Employment Generations Programme (PMEGP) scheme to help entrepreneurs start businesses by taking subsidized loans. Well, this is good news for many people who would like to venture into the world of business but do not have enough capital. Rather than turning a blind eye as your dream disappears in thin air, you can now take advantage of the PMEGP scheme.
PMEGP Loan Online Application
But before you reap maximum benefits, it is in your best interest to complete the registration process. Fortunately, you can perform this action at any time of the day as long as you have access to an internet connection and an internet-enabled device. In this post, we will take you through what it takes to complete the PMEGP loan online application registration for 2023.
Before going any further, you need to determine whether you are eligible for the loan. Below are the eligibility criteria for the PMEGP loan scheme.
- Applicants must be at least 18 years of age.
- Co-operatives, Charitable Trusts, and Self-Help Groups (SHGs) are eligible for the loan.
- Have all the documents in place before filling out the application form. They include Aadhar and PAN cards, category and caste certificates, project reports, and certificates for rural areas, to mention a few.
Steps for Loan Application Registration
Now that you already know the eligibility criteria, you are ready to complete the loan application registration. Follow the simple step-by-step guide given below to complete the process hassle-free;
- First, visit the official website of the Khadi and Village Industries Commission (KVIC). Simply type in https://www.kviconline.gov.in on the search tab of your web browser before initiating a search.
- You’ll be directed to the homepage of the KVIC portal, from where you should click on the ‘PMEGP’ icon.
- The above action will redirect you to the official web page of the PMEGP Scheme. Here, click on the ‘Online Application Form for Individuals’ option.
- You can now see the online registration form on the screen of your device. Read through the guidelines and instructions for the scheme.
- Next, fill in your Aadhaar Card Number, and the Name of the applicant, after which you should click on the ‘Validate Aadhaar’ button.
- Now select the Sponsoring Agency, state, district, legal type, gender, sponsoring office and date of birth in the space set aside for each detail.
- Select the Qualification, and communication address before typing in your mobile number, email ID and PAN number.
- Correctly fill in the other details needed in the space set aside for each. Some of the details to fill in include EDP Training undergone, financing bank, financing branch IFSC code to mention a few.
- Once you fill in all the details, click on the ‘Declaration Check Box’.
- Go through the details you’ve filled in and click on the ‘Save Applicant Data’ button.
- Once you save the application data, upload all the required documents for final submission. It is then that you will get your Username and Password.
There you have the steps to follow before you finally complete the PMEGP loan online application registration.