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What is MSME loan?

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What are MSME loans?

The Government of India defines MSME full form means Micro, Small and Medium Enterprises on the below basis of their investment in plant and machinery/equipment-
 

  MICRO SMALL MEDIUM
Manufacturing Enterprises Investment < Rs. 25 lakh Rs. 25 lakh < Investment < Rs. 5 crore Rs. 5 crore < Investment < Rs. 10 crore
Service Enterprises Investment < Rs. 10 lakh Rs. 10 lakh < Investment < Rs. 2 crore Rs. 2 crore < Investment < Rs. 5 crore
MSME loans are a form of financial assistance provided to micro, small and medium enterprises.

• Bajaj Finserv offers low interest rates on MSME loans with benefits such as a Flexi loan facility and more.
• You can get unsecured MSME loans up to Rs. 30 lakh within 2 days.
• Exclusive pre-approved offers help MSMEs avail financing instantly.
 

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