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MSME Loan

 

What is a MSME Loan?


A Micro, Small, and Medium Enterprise Loan is a type of loan you can apply for if you own a business or are an entrepreneur. It provides you with working capital that you can use for a variety of purposes. For example, purchasing new inventory, purchasing machinery and equipment, paying your employees' salaries, or expanding your business.

 

MSME loans are unsecured loans offered by various financial institutions to entrepreneurs to help them meet business expenses. According to the Indian government and the Reserve Bank, these loans are available to businesses in the following categories:

 

Company (Service and Manufacturing Enterprises)

Micro Enterprises

Small Enterprises

Medium Enterprises

Investment

Less than Rs.1 crore

Less than Rs.10 crore

Less than Rs.20 crore

Turnover

Less than Rs.5 crore

Less than Rs.50 crore

Less than Rs.100 crore

MSME Loan

How to apply for a MSME Loan?

step 01

Check Your Eligibility

step 02

Click On Apply Now

step 03

Fill In Personal And Financial Details

step 04

Submit Application

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