What is ansme 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.
| Investment/Turnover | Small Enterprise | Medium Enterprise |
|---|---|---|
| Range of Investment | Between Rs.1 crore and Rs.10 crore | Between Rs.10 crore and Rs.20 crore |
| Range of Turnover | Between Rs.5 crore and Rs.50 crore | Between Rs.50 crore and Rs.100 crore |
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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