Micro Small Enterprises


Micro and Small Enterprises Details

The Micro Small and Medium enterprises (MSMEs) have been accepted as the engine of economic growth and play an important rol e in the equitable economic development of country.

The major advantage of the sector is its employment potential at low capital cost. The labour intensity of the MSME sector is much hig her than that of the large enterprises.

The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth and account for a major share of industrial production and exports.


Finance to Traders/Service Providers/Professional & Self Employed


  • Target Group

    To meet the credit requirements of all type of traders/service providers/Professional & Micro and Small Enterprises (MSE) in Manufacturing and Service sector


  • Eligibility

    All type of traders/service providers/Professionals etc


  • Eligibility and Loan Amount

    Based on the project cost/projected turnover


    • Nature of Facility : -


    •    Loans/Overdrafts

  • Security
    •    As per scheme guidelines
    •    Charge on the assets created out of the Finance like Hypothecation of stock
    •    Collateral security if any like mortgage of property, Pledging of NSCs, Assignment of LIC Policies etc

  • Repayment
    •    As per scheme guidelines
    •    For loans normally 3 to 7 years
    •    Overdraft account to be renewed once in a year

  • Interest rate
    •    As per scheme guidelines

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