• 100% Collateral-Free Automatic Loans

12 Months Moratorium/Waiver on Loan Repayment. Fully covered under Govt. guarantee. No guarantee fee will be charged. Scheme available till 31st October 2020.

• ₹50,000 cr. Equity Funding for MSMEs

Govt. will provide equity funding/invest in shares of MSMEs with growth potential through Fund of Funds scheme.

• Support for Listing at Stock Exchanges 

Govt. will help to expand MSME size as well as capacity, will encourage MSMEs to get listed on the main board of Stock Exchanges.

• Preference in procuring Government tenders

The Government of India gives special preference to buying from Micro and Small businesses through Govt. tenders.

• 1% exemption on the interest rate on Bank Overdraft (OD)

Enterprises that have MSME Registration can avail the benefit of a 1% exemption on the interest rate on overdraft (OD).

• Concession in Electricity bills

Enterprises that have MSME Registration Certificate can avail of Concession on electricity bills by making an application to the electricity department

• Protection against the delay in payment from Buyers

The Maximum period for payment for purchases from MSME shall not exceed 45 days, in case of delay, the buyer is liable to pay interest to the SME supplier, at 3 times the bank rate.

• Special 50% discount on Govt. fees for Trademark & Patent

Enterprises that have MSME Certificates can avail 50% subsidy for patent & trademark registration.

• Fast resolution of disputes

Enterprises undergoing a dispute with regard to payments may refer the dispute to the MSME Facilitation Council for conciliation & arbitration.

• PAN & Aadhar of the Sole Proprietor/ Partners/Directors

• Scan copy of Passport size photographs of the Sole Proprietor/ Partners/Directors

• Scan copy of Specimen Signatures of the Sole Proprietor/ Partners/Directors

• Address Proof of the Sole Proprietor/ Partners/Directors (Eg: Electricity Bill, Telephone Bill etc) in case Aadhar address is different

• Latest 3 Months Bank statement of the Sole Proprietor/ Partners/Directors

• Mobile Numbers & Email IDs of the Sole Proprietor/ Partners/Directors

MSME means Micro Small and Medium Enterprises defined under MSME Development Act 2006.

MSME registration is the procedure to get your firm registered under MSME Development Act for SME benefits.

There is no difference between MSME, SSI & Udyog Aadhar. There are all one and the same.