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Top 5 PMEGP Loan Rejection Reasons (And How to Fix Them)
Did your Prime Minister’s Employment Generation Programme (PMEGP) loan application just get rejected by the bank? You are not alone. While the PMEGP scheme offers massive subsidies (up to 35%) to encourage MSME growth, banks reject thousands of applications every month. Many entrepreneurs mistakenly believe that applying through the KVIC or DIC portal guarantees loan approval.…