Financial help

• 15% of the project cost (maximum ₹.1,00,000 for the general category.
• 30% of the cost (maximum ₹2,00,000) for Below Poverty Line( BPL) , Scheduled Castes(SC) , Scheduled Tribes(ST), Other Backward Classes(OBC) (except creamy layer)/ Women/ Minority/ Disabled project.

Additional provisions -

• 30% of the project cost (maximum ₹3,00,000 lakh) to the liberated nomadic and semi-nomadic tribes.
• Bhopal gas victim family members are eligible for an additional 20% (maximum ₹1,00,000 on the project cost.

interest subsidy

• At the rate of 5% per annum of the project cost and for women entrepreneurs at the rate of 6% per annum, for a maximum of 7 years. (Maximum ₹25,000 per annum)
• Guarantee Fee (CGTMSE/: CGFMU) Up to a maximum of 7 years at the prevailing rate.

• The applicant Should be a permanent resident of Madhya Pradesh.
• The applicant should have passed in the 5th class.
• The applicant’s age should be between 18 to 45 years.
• The applicant’s family should not be an income taxpayer.
• The applicant should not be a defaulter of any bank.

• The applicant is getting assistance under any other self-employment scheme, then he cannot avail of benefits under the scheme.
• The benefit of this scheme can be availed only once.

• Aadhar Card
• Pan Card
• Income certificate
• Address proof
• Passport size photo
• Mobile number
• 5th class mark sheet