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Expert India Consultancy
MSME Loan Services

MSME Loans with Government Support
Mudra Loans & CGTMSE Schemes

Empower your MSME with government-backed loan schemes. Get Mudra loans, CGTMSE guarantees, and subsidized financing with competitive interest rates starting from 7.5%. ✔Government Schemes ✔Collateral-Free Options ✔Quick Approval ✔Subsidized Rates ✔Expert Guidance ✔MSME Registration Support

4.9/5(2200+ MSME Loans Approved)
Interest Rates from 7.5%
Loan up to ₹10 Crores
Collateral-Free Options
Government Subsidies
Quick Processing
Expert Support
2200+ MSME
Loans Approved
Government
Approved Schemes
FREE
Consultation
Complete MSME loan assistance
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Government-Backed Financing

Our MSME loan experts will contact you within 30 minutes

MSME Loan Overview

What are MSME Loans?

MSME (Micro, Small, and Medium Enterprises) loans are specialized financial products designed to support businesses at different stages of growth. These government-backed schemes include Mudra loans, CGTMSE guarantees, and various subsidized financing options that provide collateral-free funding with preferential interest rates to promote entrepreneurship and economic development.

Key Features

Why Choose MSME Loan Schemes

Government-backed financing solutions designed specifically for MSMEs

Government Support

Backed by government schemes with subsidies and guarantees

Collateral-Free

No collateral required for loans up to ₹2 crores under CGTMSE

Subsidized Rates

Lower interest rates compared to regular business loans

Quick Processing

Fast approval with simplified documentation process

MSME Categories

MSME Classification & Loan Eligibility

Different categories of MSMEs and their corresponding loan schemes

Micro Enterprise
Investment:

Up to ₹1 Crore

Turnover:

Up to ₹5 Crores

Employees:

Up to 10 (Manufacturing) / 5 (Service)

Loan Amount:

₹10 Lakhs to ₹2 Crores

Interest Rate:

7.5% - 12%

Key Schemes:
Mudra ShishuMudra KishorPMEGPStand-Up India
Small Enterprise
Investment:

₹1-10 Crores

Turnover:

₹5-50 Crores

Employees:

10-50 (Manufacturing) / 5-50 (Service)

Loan Amount:

₹2 Crores to ₹5 Crores

Interest Rate:

8% - 14%

Key Schemes:
CGTMSETechnology UpgradationExport PromotionCredit Enhancement
Medium Enterprise
Investment:

₹10-50 Crores

Turnover:

₹50-250 Crores

Employees:

50-250

Loan Amount:

₹5 Crores to ₹10 Crores

Interest Rate:

9% - 15%

Key Schemes:
Cluster DevelopmentTechnology DevelopmentMarket DevelopmentR&D Support
Government Schemes

Major MSME Support Schemes

Government-backed schemes providing financial and non-financial support

Pradhan Mantri Mudra Yojana

Collateral-free loans for micro enterprises and small businesses

Categories:

Shishu

Up to ₹50,000

Starting new business or expanding existing micro business

Kishor

₹50,001 to ₹5 Lakhs

Growing established businesses with expansion needs

Tarun

₹5 Lakhs to ₹10 Lakhs

Established businesses requiring significant growth capital

Benefits:
No collateral required
Lower interest rates
Government subsidy
Easy processing
Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE)

Credit guarantee scheme for collateral-free loans

Coverage:

Up to ₹2 Crores without collateral

Guarantee:

75-85% guarantee coverage

Benefits:
No collateral security
No third-party guarantee
Reduced documentation
Quick approval
Prime Minister's Employment Generation Programme (PMEGP)

Credit-linked subsidy scheme for setting up new enterprises

Subsidy:

15-35% of project cost

Max Loan:

₹25 Lakhs (Manufacturing) / ₹10 Lakhs (Service)

Benefits:
Capital subsidy
Margin money assistance
Training support
Marketing assistance
Stand-Up India Scheme

Facilitate loans for SC/ST and women entrepreneurs

Benefits:
Dedicated support
Skill development
Market linkage
Technology support
Eligibility Criteria

MSME Loan Eligibility Requirements

Basic eligibility criteria for MSME loan schemes and government support

Business Registration
  • Valid MSME registration (Udyam)
  • Business operational for minimum 6 months
  • Registered under applicable acts
Financial Requirements
  • Minimum annual turnover as per category
  • Positive cash flow
  • Acceptable debt-to-equity ratio
Credit Score
  • CIBIL score 650 and above
  • Clean credit history
  • No wilful defaults
Sector Eligibility
  • Manufacturing, trading, service sectors
  • Agriculture and allied activities
  • Excludes speculative activities
Application Process

How to Apply for MSME Loans

Step-by-step process to apply for government-backed MSME financing

1
MSME Registration

Get Udyam registration for your business if not already registered

2
Scheme Selection

Choose appropriate government scheme based on your business needs

3
Documentation

Prepare required documents including business plan and financials

4
Application Submission

Submit application through bank or financial institution

5
Verification & Approval

Bank verifies documents and approves loan under government scheme

6
Disbursal & Monitoring

Loan disbursed with ongoing monitoring and support

Required Documents

Documents Required for MSME Loans

Complete documentation required for MSME loan applications

Business Documents
  • Udyam Registration Certificate
  • Business Registration Certificate
  • GST Registration
  • Trade License
  • Partnership Deed/MOA/AOA
Financial Documents
  • ITR (2-3 years)
  • Financial Statements
  • Bank Statements (12 months)
  • Project Report/Business Plan
  • Cash Flow Projections
Identity & Address
  • Aadhaar Card
  • PAN Card
  • Address Proof
  • Passport Size Photos
  • Signature Verification
Scheme Specific
  • Caste Certificate (if applicable)
  • Experience Certificate
  • Technical Qualification
  • Land Documents
  • Quotations for Equipment
Banking Partners

MSME Financing Partners

Leading banks offering MSME loan schemes with government backing

State Bank of India
Schemes:

Mudra, CGTMSE, PMEGP

Interest Rate:7.5% - 11%
Speciality:

Largest MSME lender

Punjab National Bank
Schemes:

All Government Schemes

Interest Rate:8% - 12%
Speciality:

MSME focused products

Bank of Baroda
Schemes:

Mudra, Stand-Up India

Interest Rate:8.5% - 11.5%
Speciality:

Export oriented MSMEs

HDFC Bank
Schemes:

Private sector Mudra

Interest Rate:9% - 13%
Speciality:

Quick processing

ICICI Bank
Schemes:

Mudra, CGTMSE

Interest Rate:9.5% - 14%
Speciality:

Technology solutions

Canara Bank
Schemes:

All schemes available

Interest Rate:8% - 11.5%
Speciality:

Rural and semi-urban focus

Sector Support

Sector-Specific MSME Support

Specialized support and schemes for different industry sectors

Manufacturing
  • Technology upgradation schemes
  • Cluster development programs
  • Quality certification support
  • Export promotion assistance
  • Energy efficiency financing
Food Processing
  • PMFME scheme benefits
  • Cold storage financing
  • Processing equipment loans
  • Packaging and branding support
  • Market linkage assistance
Textiles & Handloom
  • Weaver credit card
  • Technology upgradation fund
  • Design development support
  • Market development assistance
  • Export incentives
IT & Software
  • Software technology parks
  • Incubation center support
  • Skill development programs
  • Export promotion schemes
  • Innovation funding
Additional Support

Beyond Financing: MSME Support Ecosystem

Comprehensive support beyond just financing for MSME growth

Technology Development

Assistance for technology upgradation and innovation

  • Technology upgradation fund
  • R&D support schemes
  • Patent registration assistance
  • Technical consultancy
Market Development

Support for market expansion and promotion

  • Trade fair participation
  • Export promotion assistance
  • Buyer-seller meets
  • E-commerce platform support
Skill Development

Training and skill enhancement programs

  • Entrepreneurship development
  • Technical skill training
  • Management development
  • Digital literacy programs
Infrastructure Support

Common facility centers and infrastructure

  • Industrial parks
  • Common facility centers
  • Incubation centers
  • Testing laboratories
Key Benefits of MSME Loans
Lower interest rates due to government subsidies
Collateral-free loans up to ₹2 crores under CGTMSE
Credit guarantee coverage reduces bank risk
Simplified documentation and faster processing
Capital subsidy under various schemes
Handholding support and mentoring
Priority sector lending benefits
Technology and skill development support
Market linkage and export assistance
Tax benefits and exemptions available
Important Warnings

Important Considerations

Key points to consider when applying for MSME loans and schemes

Scheme Compliance

Ensure proper utilization of funds as per scheme guidelines. Misuse can lead to penalty and loan recall

Documentation Accuracy

Provide accurate information in applications. False declarations can result in loan rejection and legal consequences

Repayment Discipline

Maintain timely repayments to preserve credit rating and eligibility for future government schemes

Business Viability

Ensure your business model is viable and sustainable. Government support doesn't guarantee business success

Regulatory Changes

Government schemes may change periodically. Stay updated with latest guidelines and modifications

Frequently Asked Questions

Frequently Asked Questions

Get answers to common questions about MSME loans, government schemes, and application process

24/7 Support

Empower Your MSME Today

Access government-backed financing and support schemes designed specifically for MSMEs. Get expert guidance for Mudra loans, CGTMSE benefits, and comprehensive business development support.