PMEGP Bank List
The PMEGP Bank List contains the names of banks collaborating under the Prime Minister’s Employment Generation Programme (PMEGP). Numerous public, private, and rural banks across India participate in providing loans. These banks accept applications, verify documents, and sanction loans along with subsidies.
How are banks selected for PMEGP?
- Scheduled banks authorized by the Reserve Bank of India (RBI)
- Nationalized banks such as SBI, Bank of Baroda, etc.
- Selected private banks
- Rural and cooperative banks, especially serving rural areas
- Regional Rural Banks (RRBs) that primarily operate for rural schemes