|
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
|
|
