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1 NAME OF THE ENTERPRISE 2 REGD. OFFICE ADDRESS: 3 ADDRESS OF FACTORY/ SHOP: 4 WHETHER BELONGS TO SC/ST/OBC/MINORITY COMMUNITY TELEPHONE NOs. (Office) EMAIL ADDRESS: Mobile No. PAN CARD NO. 5 CONSTITUTION 6 DATE OF ESTABLISHMENT : 7 NAME OF PROPRIETOR/PARTNERS/DIRECTORS OF COMPANY AND THEIR ADDRESSES: NAME Propritory/Partnership firm/Pvt. Ltd./Ltd. Company/Co-op. Society AGE ACADEMIC QUALIF.

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This scheme provides loans up to 10 lakh to non-corporate and non-farm small or micro-enterprises. These loans are classified as MUDRA (Micro Units Development and Refinance Agency Limited) loans under PMMY. MUDRA is a non-banking financial company (NBFC) which supports the development of MSMEs.

What are the Eligibility Criteria for MSME Loan? Minimum Age18 YearsMaximum Age65 YearsWho is Eligible for MSME Loan?Your business must have an annual turnover ranging Rs. 25 Lakhs to Rs. 50 CroresCollateralNo collateral or third-party security is needed.2 more rows

Business Loan for MSMEs can be used for a multitude of purposes such as: To meet working capital requirements. Enhance the business. New and innovative business expansion.

MSME Loan Interest Rates by Top Banks in 2023 Bank NameInterest rateOriental Bank of Commerce10.70% p.a. onwardsCentral Bank of India11.25% p.a. onwardsIndian Bank9.75% p.a. onwardsPunjab and Sind Bank9.95% p.a. onwards5 more rows

What is the MSME loan eligibility criteria? Work status: Self-employed professionals (SEP) – Allopathic doctors, company secretaries, chartered accountants and architects practising their profession. Self-employed non-professionals (SENP) – Traders, retailers, manufacturers, proprietors and service providers.

MSME loans are unsecured loans offered by several financial institutions to help entrepreneurs meet various business-related expenses. As per the Indian government and RBI, these loans are for certain business enterprises that fall under these categories: Company (Manufacturing or service provider) MICRO. SMALL.

100 lakh per borrowing unit. The guarantee cover provided is up to 75% of the credit facility up to Rs. 50 lakh (85% for loans up to Rs. 5 lakh provided to micro enterprises, 80% for MSEs owned/ operated by women and all loans to NER) with a uniform guarantee at 50% of the credit exposure above Rs.

The Scheme covers collateral free credit facility (term loan and/ or working capital) extended by eligible lending institutions to new and existing micro and small enterprises up to Rs. 100 lakh per borrowing unit. The guarantee cover provided is up to 75% of the credit facility up to Rs.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232