Subsidy

PMEGP Service Sector Unit

PMEGP scheme for service sector businesses including IT, healthcare, education, consulting, hospitality, and other service activities. Maximum project cost ₹20 lakh with 15-35% subsidy.

Code: PMEGP_SERVICE

90 days processing

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Quick Info

Department: Ministry of MSME (Implemented by KVIC)

Amount Range: ₹50,000 - ₹2,000,000

Processing: 90 days

Benefits

✓ Subsidy: 15-35% of project cost
- General: 15% (Urban), 25% (Rural)
- Special Category: 25% (Urban), 35% (Rural)
✓ Maximum project cost: ₹20 lakh
✓ Bank finances 90-95%
✓ Working capital support
✓ Interest subvention
✓ Credit guarantee
✓ Marketing support

Eligibility Criteria

• Above 18 years of age
- Minimum 8th pass
- New service unit only
- Maximum project cost: ₹20 lakh
- Own contribution: 5-10%
- Service activities like IT, healthcare, education, consulting, etc.
- Should generate employment
- Not availing other subsidies

Required Documents

Aadhar Card (mandatory)

PAN Card

Educational qualification proof

Caste certificate (for special category)

Address proof

Bank account passbook

Detailed project report

Rent agreement (if rented premises)

EDP certificate (preference given)

Quotations for equipment

2 passport photographs

Business plan

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What happens next? After you submit an inquiry, our team will:

Contact you within 24 hours
Assess your eligibility for this scheme
Guide you through the documentation process
Handle the application submission with the government

Scheme Details

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Our Services Include

Eligibility Assessment
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