MSME Loans
The government of India offer loans for Micro, Small and Medium Enterprises to facilitate their growth. India is a booming network of MSMEs and the segment caters to a large audience. Availing the MSME loans offers the strength and potential to business that wish to grow and make a mark in the market with their products and services.
MSME (Micro, Small & Medium Enterprises) are classified in two ways:
- Manufacturing Enterprises engaged in the manufacture or production of goods...
- Service Enterprises engaged in providing or rendering of service
As per the revised Classification w.e.f. 1st July 2020, MSMEs are now defined based on the basis of Composite Criteria...