Question 1

What is PMEGP and who is eligible?

Accepted Answer

PMEGP (Prime Minister's Employment Generation Programme) provides subsidies of 15%–35% for new manufacturing and service units. Any Indian citizen above 18 years with a business plan can apply. NaavBharat provides end-to-end PMEGP application support.

Question 2

What is the CGTMSE collateral requirement?

Accepted Answer

CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) provides collateral-free credit guarantees up to ₹5 Crore for MSMEs with Udyam registration. No collateral or third-party guarantee is required.

Question 3

What are the Mudra loan limits?

Accepted Answer

Mudra loans are offered in three tiers: Shishu (up to ₹50,000), Kishore (₹50,001 to ₹5 Lakh), and Tarun (₹5 Lakh to ₹10 Lakh). All three are collateral-free.

Question 4

How does NaavBharat charge for its services?

Accepted Answer

NaavBharat operates on a success-linked advisory model with zero upfront fees. We charge only upon successful scheme disbursement. The initial eligibility consultation is completely free.

Question 5

How long does PMEGP application processing take?

Accepted Answer

With complete documentation, PMEGP applications typically take 45–90 days from submission to sanction. NaavBharat's 98.6% approval rate is achieved through thorough pre-submission document review and bank coordination.

Question 6

What documents are needed for CGTMSE?

Accepted Answer

CGTMSE requires Udyam Registration Certificate, business plan or project report, last 2 years ITR (if applicable), bank statements, KYC documents, and the loan application from a member lending institution (MLI).

Question 7

Does NaavBharat help with GST registration and Udyam certification?

Accepted Answer

Yes. NaavBharat provides complete Certification services including GST registration, Udyam/MSME certification, FSSAI license, IEC (Import Export Code), trademark registration, and company incorporation for Pvt Ltd and LLP structures.