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What is MSME ?

MSME refers to Micro , Small and Medium Enterprises and It has been categorized in 2 parts-:

  • 1. Manufacturing Units-: The Unit which is engaged in production or manufactured of goods as per government schedule or have installed plant and machinery for valued added products having different character or use.
  • 2. Service Enterprise:- The enterprises engaged in providing or rendering of services and are defined in terms of investment in equipment.

Manufacturing Sector

Enterprises Investment in plant & machinery
Micro Enterprises Does not exceed 25 lakhs.
Small Enterprises Range -: 25 Lakh rupees and between 5 crore rupees.
Medium Enterprises Range -: 5 crore rupees and between 10 crore rupees.

Service Sector

Enterprises Investment in Equipment’s
Micro Enterprises Does not exceed 10 lakh rupees.
Small Enterprises Range-:10 Lakhs rupees and between 2 crores rupees.
Medium Enterprises Range-: 2 crore rupees and between 10 crore rupees.

Advantages

  • Application of loans upto 1 crore in an hour.
  • Interest Subvention of 2% for all GST Registered MSME’s on new or additional loans.
  • Mandatory for PSU’s to Purchase 25% from MSME registered Units
  • Quick Loans
  • Tax Rebates
  • Easily access to Tenders

We need from you following Documents


Address Proof: Registry Copy or Rent deed Agreement Copy

Copy of Purchase and sale bill describing Products

Copy of Adhar Card

Investment in Plant and Machinery

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