Loans
MSME

SCHEME FOR FINANCING TO MSMEs

PURPOSE:

  • Providing loans for Tiny Industry, Small Scale Industry and Medium Enterprises.

ELIGIBILITY:

The following units are eligible for financing under SMEs:-

i).

Manufacturing’s units –Micro, Small & Medium manufacturing concerns, ancillary units, vendors to large manufacturers, Agro processing units etc.

ii).

Service entities – Educational institutions, hotels, travel, freight management, small hospitals, call centres, health care units, women entrepreneurs etc.

iii).

Micro and Small Scale (Industry related) Service and Business Enterprises (SSSBE) which forms part of SMEs.

Classification of MSME as per MSMED Act, 2006 is as under

Enterprises

Enterprises engaged in Services (Investment in Equipments)

Micro

Up to Rs. 10  lakh

Small

Above  Rs. 10  lakh & up to Rs. 2 crore

Medium

Above  Rs. 2 crore & up to Rs. 5 crore

 

Enterprises

Enterprises engaged in Services (Investment in Equipments)

Micro

Up to Rs. 25  lakh

Small

Above  Rs. 25  lakh & up to Rs. 5 crore

Medium

Above  Rs. 5 crore & up to Rs. 10 crore

 

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