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Frequently asked Questions
No, the entire process in paperless.
You will get the application filed within a day.
No currently you cannot obtain a Udyog Aadhar registration without an Aadhar.
No MSME registration ins not mandatory.
In terms of an RBI, notification bans are mandated not to accept collateral security in the case of loans uptoRs 10 lakh extended to units in the MSE sector. Further, in terms of an RBI notification banks may, on the basis of good track record and financial position of MSE units, increase the limit of dispensation of collateral requirement for loans up to Rs.25 lakh with the approval of the appropriate authority
The Ministry is implementing the Performance & Credit Rating Scheme, the main objective of the scheme is to provide a trusted third party opinion on the capabilities and creditworthiness of the MSEs so as to create awareness amongst them about the strengths and weakness of their existing operations
of 75% of the certification expenses is provided.(Maximum INR 75,000)