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What is an sme Loan?

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What is an sme Loan?

Basis of their investment in plant and machinery/equipment, the Government of India defines in economic term SME full form means Small and Medium Enterprises as.
 

  SMALL MEDIUM
Manufacturing Enterprises Rs. 25 lakh < Investment < Rs. 5 crore Rs. 5 crore < Investment < Rs. 10 crore
Service Enterprises Rs. 10 lakh < Investment < Rs. 2 crore Rs. 2 crore < Investment < Rs. 5 crore
Loans for Small Medium Enterprises (SME) are business loans extended only to medium-sized enterprises.
These loans are tailor-made to suit the needs and requirements of SMEs. Whether you're looking to invest in factory infrastructure or maintain a healthy cash flow, an SME Loan from Bajaj Finserv would prove to be the smartest financing option for your business.
 

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