2nd Loan for Up-gradation of Existing PMEGP / REGP / MUDRA Units

About the Programme

Supports successful existing PMEGP, REGP or MUDRA units for expansion, modernization, technology upgradation and additional employment generation. Scheme start date and end date are not specified on the APMSMEONE page.

Primary Benefit

Up to INR 15 lakh subsidy (15% of project cost).

Apply / Know More

pmegp.msme.gov.in

Benefits

• Financial assistance for expansion and technology upgradation
• Maximum project cost: INR 1 crore for Manufacturing
• Maximum project cost: INR 25 lakh for Service/Trading
• Subsidy up to 15% of project cost
• Subsidy up to 20% for North Eastern Region and Hill States
• Remaining amount is provided by the bank as a term loan

Eligibility

Existing successful/well-performing PMEGP, REGP or MUDRA units seeking expansion, modernization or technology upgradation. Additional detailed eligibility conditions are not displayed in the accessible APMSMEONE page extract.

Documents

The APMSMEONE page includes a Documents section, but the document list is not displayed in the accessible page extract. Refer to the linked application portal for the current checklist.

FAQ

The APMSMEONE page includes an FAQ section, but no FAQ text is displayed in the accessible page extract.

Beneficiary:

As mentioned above

Benefits:

As mentioned above