In line with Reserve Bank of India (RBI) guidelines, banks are not permitted to demand collateral security for PMEGP projects involving loans of up to ₹10 lakh.
Prime Minister’s Employment Generation Programme (PMEGP) is a central sector scheme which assists prospective beneficiaries in establishing new micro-enterprises primarily with small project costs ...
Prime Minister’s Employment Generation Programme (PMEGP) supports micro-enterprises with projects up to Rs. 10 lakh (US$ 11,111) via priority credit and collateral-free loans, complemented by MSME ...
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