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PMEGP Scheme
PMEGP Scheme
Objective: To generate employment opportunities in rural as well as urban areas through setting up of new self-employment ventures/projects/micro enterprises.
Term loan/Working capital loan: max ₹60.00 lakhs
Processing charges: Term loan: 0.5% of the total loan amount
Rate of Interest:11%
Repayment:10 years (Term Loan), renewed yearly for working capital loans
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