PMEGP loan scheme is implemented by the Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level. Prime Minister’s employment generation program (PMEGP) provides Business loans up to Rs 25 lac. For a PMEGP loan, you have to submit DPR ie. Detailed project report in Bank. Afterward, you have to submit a PMEGP online application to apply for a loan. The online application generally takes more than one month to get approved. Pmegp loan is provided as a term loan. The loan interest rate may vary from 10% to 13%. In PMEGP loan subsidy is provided to all the castes. The subsidy amount may vary from 15% to 35 %.
Features
- Report accepted by all Banks in India or 100% Money-back guarantee.
- For Term Loans, Working Capital Loans, & Both
- Business specific – Balance Sheet, Profit & Loss A/c, Cash Flow statement, etc
- Calculation of Projected Data up to 7 years
- DSCR working
- MPBF working & Turnover Percentage
- Business write-up
- Ratios calculation
- EMI Schedule – Monthly & Yearly
- Sensitivity Analysis
- Breakeven Sales Calculation
- Fixed Asset Depreciation Working
- Important Charts & Graphs, asset description, employee list
- Target Market Note, SWOT Analysis, etc
- Multiple Edits & Downloads
- PMEGP & Other subsidy calculation
- Plan valid for one year
- CA certification is available at an additional charge; CA certification is available at Rs 999/- only.
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