KAIJS बँक

KAIJS LONS

PMEGP Loan Scheme

पात्रता

Only For New Entrepreneurs

Eligible Entities

Business owners, Entrepreneurs  MSMEs,  & Self Help Groups (SHGs)

पात्रता

i)           This scheme is eligible for new project. Existing/Old units are not eligible.

ii)          Units registered under MSME (Udyam Adhar).

iii)        Only one person from one family is eligible. (Family included Self and her spouse).

Age Criteria

Above 18 years

Educational Qualification

Minimum 8th Pass std.

Maximum project Cost

Rs. 50 lakh for Manufacturing Unit

Rs. 20 lakh for Service Unit

Loan period

3 to 7 years.

Margin

Category

Margin

General Category

10%

Special(SC/ST/OBC/Minorities/Women)/Ex-servicemen, physically handicapped Etc)

5%

Subsidy on Project

From 15% to 35%

Subsidy :

 

Category

शहरी

ग्रामीण

 General Category

15%

25%

Special

(SC/ST/OBC/Minorities/Women)/Ex-servicemen, physically handicapped Etc)

25%

35%

व्याज दर

 Loan Amount

ROI

Upto Rs 25.00 lacs

10.50%

(1% Rebate Applicable)

Above Rs 25.00 lacs

12.50%

Processing Fee

1.00% on sanction amount.

Other

Conditions

·         After receiving the Margin money (Subsidy) it should be kept in the form of Term Deposit for three years.

·         No interest will be paid on the TDR and no interest will be charged on loan to loan up to the extent of TDR amount.

·         After completion of three years TDR amount will be transferred/credited to term loan account.

·         If unit is closed before completion of three years subsidy amount will be refunded/ remitted to the KVIC.

·         In case the account becomes NPA within three years period, due to reasons, beyond the control of the beneficiary, the margin money (subsidy) will be adjusted / credited in loan account.

·         In case of action for recovery is taken, such recovery will be utilised for liquidation of outstanding loan. Any surplus will be remitted to KVIC.

Bank

Finance

·         For manufacturing units, working capital (CC) should not be more than 40% of the project cost.

·         For service/Trading sector, working capital (CC) should not be more than 60% of the project cost.

·         Projects without Capital Expenditure are not eligible for financing under the scheme.

·         Cost of land should not be included in the project cost.

Negative List

S No

Category / Industry / Activity

1.

Any industry/business connected with Meat (slaughtered), i.e. processing and/or serving items made of it as food, production / manufacturing.

  • Sale of intoxicant items like Beedi/Pan/Cigar/Cigarette etc.
  • Hotel or Dhaba or sales outlet which serves liquor, preparation and /or producing tobacco as raw materials, tapping of toddy for sale.

2.

  • Manufacturing of less than Seventy five micron thickness polythene carry bags.
  • Carry bags or containers manufactured out of recycled plastic. 
  • Any other item which causes environmental problems.

3.

  • Industries such as processing of Pashmina Wool.
  • Other products like hand spinning and hand weaving, which takes advantage of Khadi Programme under the purview of Certification Rules and availing sales rebates.

4.

  • Rural Transport.  

5.

  • Cultivation of crops/plantation like Rubber, Tea, Coffee, etc.
  • Sericulture (Cocoon rearing), Horticulture, Floriculture, Animal Husbandry like Pisciculture, Piggery, Poultry, Harvester machines etc. are not eligible under PMEGP.

6.

  • Activities prohibited by local Government/ Authorities keeping in view environment or socio economic factors will not be allowed.

 

 

 

 

 

 

 

 

 

 

 

 

 

मराठी