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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.

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
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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