Grow with MSME Schemes
Under the Micro, Small and Medium Enterprises Development (MSMED) Act, the Government of India provides structural benefits to small business segments. To claim these incentives, businesses must register on the integrated Udyam Registration portal. Registration is online, based on self-declaration, and generates a lifetime valid Udyam Registration Certificate.
Crucial Benefits for Registered MSMEs
Securing MSME certification opens up multiple governmental support setups that lower overall operational costs and ease financing constraints.
Collateral-Free Bank Loans
Access Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) scheme which guarantees loans from commercial lenders without physical collateral requirements.
Interest Rate Subsidies & Overdrafts
Registered MSMEs enjoy 1% to 1.5% concessions on interest rates on business loans and overdraft facilities from leading public sector banks.
Delayed Payment Protection
The MSMED Act mandates that buyers must settle MSME invoices within 45 days. Delayed payments attract compounding interest at three times the bank rate.
50% Subsidy on Trademarks & Patents
Get a flat 50% discount on government filing fees for Trademarks, Patents, and visual Industrial Designs to protect your proprietary assets.
Classification Thresholds (Investment & Turnover)
- Micro Enterprise: Investment in Plant and Machinery ≤ ₹1 Crore AND annual turnover ≤ ₹5 Crores.
- Small Enterprise: Investment in Plant and Machinery ≤ ₹10 Crores AND annual turnover ≤ ₹50 Crores.
- Medium Enterprise: Investment in Plant and Machinery ≤ ₹50 Crores AND annual turnover ≤ ₹250 Crores.