PMEGP Loan Aadhar Card: The government has started a new scheme for the youth of the country. If you want to start a business, the central government has launched a new scheme. All eligible people can use their Aadhar card to avail PMEGP loan.
The government will provide loans to the unemployed for a fixed period so that all the youth can start businesses as per their interest. The central government provides this loan to eligible people through Aadhar card. Therefore, Aadhar card is important. Once the loan is approved, the amount will be given to all the people as per the minimum interest rate.
The government wants all people in the country to be able to find employment and improve their conditions, which is why the PMEGP loan service has been launched. When you apply for a PMEGP loan, you will be provided with training and then you will get the loan. It is necessary to attend the training to get the loan.
PMEGP loan up to Rs 10 lakh
The central government will provide loans up to 10 lakh to the youth of the country to make them self-reliant and start their own business. Under PMEGP, the loan amount is available at the lowest rate of interest, which is very important for all the people. Under this scheme, the government is providing a subsidy of up to 35 percent in rural areas and up to 25 percent in urban areas. It will be much easier to repay the loan by getting a subsidy through PMEGP loan.
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Benefits of the PMEGP loan
- Under this scheme, small, micro and middle class traders will get loans.
- Loans of up to Rs 10 lakh can be availed through this scheme.
- The grant will be awarded in accordance with the rules applicable to loans granted under this scheme.
- The subsidy is granted up to 35 percent in rural areas and 25 percent in urban areas.
Age and education limit for PMEGP loan
To avail PMEGP loan, educational qualification and age limit as prescribed by the government are required. This loan is given to those youth who have completed their primary education i.e. 10th or 12th grade. PMEGP loan is given to youth between 18 and 40 years of age to enable them to develop themselves in the professional field.
Eligibility for PMEGP loan
- To avail the PMEGP loan, the candidate will need certain qualifications in the business sector.
- Loan through Aadhar Card is available only for Indian citizens and the beneficiary must be a citizen of India.
- The candidate must have at least the tenth pass.
PMEGP Loan Documents
- aadhar card
- PAN card
- caste certificate
- bank book
- mark sheet
- Email ID
Online registration for PMEGP loans
- To apply for a PMEGP loan you must first official website will continue.
- After this, you need to click on the PMEGP loan link.
- After this, you need to enter all the necessary information that is requested in the registration form.
- After this, you need to upload all the required documents.
- After this you have to click send.
- Now, after verification of your form, the loan amount will reach your bank account.
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