UDYAM REGISTRATION ( MSME Registration)
MSME Registration is playing very important role for the small and medium business across India. The government has created a new mechanism for registration for MSME along with new classification based on Investment and turnover.
The government has announced various benefits for MSME category like concessional borrowing rate in Bank, Subsidy mechanism for capital borrowings, No EMD required for certain government tenders, facilitating faster customer payments by statutory provisions.
Hence, it is suggested for all the business to get themselves registered.
Documents Required
- Copy of Aadhar Card
- Copy of PAN Card
- Mobile Number linked with the aadhar card
- Bank Account Details
- Nature of Business
- Details of Turnover and Investment in Assets
Package Includes
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Registrationofyour firm / company for MSME
Frequently Asked Questions
Major benefits of MSME
1. Concessional Borrowing rates for loans
2. Collateral free loan under CGTMSE scheme
3. Subsidy for eligible MSME’s for borrowings under Specified schemes.
4. Legal basis for faster payment from buyers.
5. NO Earnest Money deposit while applying for majority of tenders from Government or Public Sector Undertaking
6. Preference for MSME’s in government purchase policies