Composite criteria of Investment in Plant & Machinery and Annual Turnover.
| Enterprise Class | Investment in Plant & Machinery | Annual Turnover Limit | Eligible Credit Programs |
|---|---|---|---|
| Micro Enterprise | Not exceeding ₹1 Crore | Not exceeding ₹5 Crore | Mudra Loans (Tarun), PMEGP Subsidy, CGTMSE up to ₹2 Cr |
| Small Enterprise | Not exceeding ₹10 Crore | Not exceeding ₹50 Crore | CGTMSE up to ₹5 Cr, Working Capital CC, Machinery Term Loans |
| Medium Enterprise | Not exceeding ₹50 Crore | Not exceeding ₹250 Crore | Consortium Debt Syndication, Project Finance, Trade Credit Lines |
Under the Credit Guarantee Fund Trust for Micro and Small Enterprises, eligible borrowers can obtain credit up to ₹5 Crore without third-party guarantee or property mortgage.
Public and private sector banks offer 0.5% to 1.5% interest subventions for registered MSME units maintaining healthy CMA data and audited financials.
MSME loans can be combined with state capital subsidies (e.g. Gujarat Industrial Policy) and technology upgradation incentives (CLCSS).
Yes. The Reserve Bank of India (RBI) mandates that all commercial banks verify Udyam Registration Numbers (URN) to classify credit under Priority Sector Lending (PSL) and extend subsidized rates or CGTMSE guarantee benefits.
Yes. Under the revised composite MSME criteria, both manufacturing and service sector enterprises (including IT, logistics, healthcare, consultancies, and wholesale traders) are eligible for MSME loans and priority credit benefits.
Speak with our certified priority lending advisors.