CMEGP Jharkhand (Mukhyamantri Rojgar Srijan Yojana) gives ST, SC, backward class, minority, divyang and Sakhi Mandal applicants a loan up to ₹25 lakh with a 40% subsidy (max ₹5 lakh) and only 6% interest on the balance. Check your subsidy, own share and EMI below.
CMEGP Jharkhand subsidy calculator
Enter category, cost and age. See eligibility, subsidy, loan and EMI instantly. No sign-up. हिंदी में देखें
Free estimate, not an approval. Mukhyamantri Rojgar Srijan Yojana (Dept of ST, SC, Minority & Backward Class Welfare, Jharkhand): loans up to ₹25 lakh, 40% subsidy (max ₹5 lakh), 6% interest on the balance, 10% own share above ₹50,000. In June 2026 the department said the scheme will be redesigned and fresh applications invited. Rules verified 11 Oct 2026 — confirm with the District Welfare Office / corporation.
Note: in June 2026 the welfare minister asked the department to redesign the scheme and invite fresh applications. Until new terms are notified, the current JSTCDC rules below apply.
Worked example: ₹8 lakh pick-up van
An ST applicant from Gumla buys an ₹8 lakh pick-up. Own share 10% = ₹80,000, loan ₹7,20,000, subsidy 40% = ₹2,88,000. Interest at 6% applies only to the remaining ₹4,32,000: EMI about ₹8,352 a month for 5 years, total ₹5,01,106.
Subsidy slabs
| Loan | Subsidy (40%) | Own share | Guarantor |
|---|---|---|---|
| Up to ₹50,000 | up to ₹20,000 | none | no |
| ₹50,001 – ₹2.5 lakh | ₹20,000 – ₹1 lakh | 10% | yes |
| ₹2.5 – ₹5 lakh | ₹1 – ₹2 lakh | 10% | yes |
| ₹5 – ₹10 lakh | ₹2 – ₹4 lakh | 10% | yes |
| ₹10 – ₹25 lakh | ₹4 lakh – max ₹5 lakh | 10% | yes |
Eligibility
- Permanent resident of Jharkhand, age 18–50.
- Family income up to ₹5 lakh a year.
- ST, SC, backward class, minority, divyang, or a woman member of a Sakhi Mandal.
- Not a government employee or loan defaulter.
Documents
- Aadhaar, photo, residence and caste / divyang certificate
- Income certificate
- Bank account details
- Project proposal and guarantor papers for loans above ₹50,000
How to apply
- Register with your mobile number on cmegp.jharkhand.gov.in (or get the form from the District Welfare Office). Check the portal for the current application window.
- Fill in category, district, business type, loan amount and bank account; attach a project proposal for loans above ₹50,000 (not needed for vehicle loans).
- Upload Aadhaar, caste / residence / income certificates, photo and guarantor papers. Keep the receipt / application number.
- The District Welfare Officer and the corporation scrutinise the application; selected applicants get a sanction letter.
- Deposit your 10% share (loans above ₹50,000). The loan comes through the corporation; you repay the loan minus the subsidy at 6% interest.
Official portal: cmegp.jharkhand.gov.in · rules: jstcdc.org.in. Compare with PMEGP and Mudra.
FAQs
How much subsidy does CMEGP Jharkhand give? 40% of the loan or ₹5 lakh, whichever is lower: ₹20,000 on a ₹50,000 loan, ₹2 lakh on ₹5 lakh, ₹4 lakh on ₹10 lakh, and ₹5 lakh on any loan of ₹12.5 lakh or more.
What is the CMEGP Jharkhand interest rate? 6% a year (JSTCDC), charged only on the loan left after deducting the subsidy.
Who is eligible? Permanent residents of Jharkhand aged 18–50 (some summaries say 45) with family income up to ₹5 lakh, from ST, SC, backward class, minority, divyang groups, or women in a Sakhi Mandal. Government employees and defaulters are excluded.
Is a guarantor needed? Not up to ₹50,000 (no own share either). Above ₹50,000 you need one guarantor or security and a 10% own share.
What is the difference between PMEGP and CMEGP Jharkhand? PMEGP is central, open to all, 15–35% subsidy on project cost at bank rates. CMEGP Jharkhand is for ST, SC, OBC, minority, divyang and Sakhi Mandal women only, with 40% of the loan (max ₹5 lakh) as subsidy and 6% interest, loans up to ₹25 lakh.
Sources: JSTCDC scheme page (jstcdc.org.in/stsponsscheme), myscheme.gov.in/schemes/mmrsy, cm.jharkhand.gov.in, June 2026 review-meeting reports (UNI, Khabarmantra); official pages checked through search extracts. Estimate, not approval. Rules verified 11 Oct 2026.
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