Aadhar Card Loan: Many efforts are made by the government to make the people of the country self-reliant, many types of schemes are run by the government for the youth to do their own business. One of these schemes is PMEGP Aadhar Card Loan Scheme.

Through this scheme, a loan of up to Rs 50 lakh is given. Along with this, you also get a subsidy of 35 percent. Through this article, we are going to give you detailed information about this scheme.

What is PMEGP Aadhar Card Loan Scheme?

This scheme PMEGP Aadhar Card Loan is run by the Government of India. Through this scheme, youth are given a loan of up to Rs 50 lakh for business, a subsidy of 35 percent is also given under this scheme. The subsidy of this scheme may vary according to your area. In this scheme, you can apply for a loan through the necessary documents.

Under this scheme, you can take a loan of Rs 50 lakh for the manufacturing business, while a loan of upto Rs 20 lakh is available for service business. Through this scheme, 35 percent subsidy is given to rural people and 25 percent subsidy is given to people of urban areas. According to this, rural people will have to return 65 percent. At the same time, people of urban areas will have to return only 75 percent of the money. You can repay this loan in a maximum of 7 years.

Benefits of PMEGP Aadhar Card Loan

  1. If you take a loan of 10 lakhs through this scheme, then you are not given any guarantee in it.
  2. Through this scheme, the government gives a discount of 35 percent and 25 percent.
  3. After taking a loan from this scheme, the youth can start their own employment.
  4. The benefit of that scheme will be given to the people of India only.
  5. After applying the PMEGP Aadhar Card Loan, you can contact the banks associated with that scheme.

Eligibility for PMEGP Aadhar Card Loan

  1. The youth applying in this scheme should be a native of India.
  2. The age should be more than 18 years to apply in this scheme.
  3. It is necessary to be 8th pass to apply in this scheme.
  4. If you have already taken a loan or taken subsidy, then you will not be eligible for this scheme.

Documents for PMEGP Aadhar Card Loan

  • Aadhar Card
  • PAN Card
  • Class 10th and 12th Marksheet
  • Income Certificate
  • Residence Certificate
  • Caste Certificate
  • Bank Account Passbook
  • Mobile Number Linked to Aadhar Card

Application for PMEGP Aadhar Card Loan

We have given you step by step information about applying for PMEGP Aadhar Card Loan, by following which you can apply.

Step 1 – First of all you have to visit the official website of this scheme.

Step 2 – Then the home page of the website will open in front of you, where you have to click on Application for New Unit.

Step 3 – Then a form will open in front of you.

Step 4 – Then you have to fill the requested information carefully, then upload your documents.

Step 5 – Then you submit your application form.

Step 6 – Then the password along with the application number will be sent to the email ID provided by you.

Step 7 – Now your submitted application will be verified. We have given you step by step information about applying for PMEGP Aadhar Card Loan, by following which you can apply.