Benefit
🔹 1. Easy Access to Loans and Credit
- Priority lending under PSB loans and Mudra loans.
- Collateral-free loans under the Credit Guarantee Scheme.
🔹 2. Subsidies and Government Schemes
- Eligible for industrial subsidies, capital & interest subsidies.
- Subsidy on patent registration and barcode registration.
- Concession on electricity bills, ISO certification fees, etc.
🔹 3. Tender & Procurement Benefits
- Exemptions in EMD (Earnest Money Deposit) for government tenders.
- Preference in public procurement under the MSME Samadhan scheme.
🔹 4. Tax and Regulatory Benefits
- Reimbursement of ISO certification fees.
- One-time settlement scheme for NPAs (Non-Performing Assets).
- Faster resolution of delayed payments under MSME Samadhan.
🔹 5. Business Expansion & Support
- Easier to register on GeM (Government e-Marketplace).
- Eligible for participation in international trade fairs and exhibitions.
- Access to various training and upskilling programs offered by the government.
Documents
| Document | Details |
|---|---|
| ✅ Aadhaar Number | Of the proprietor, partner, or director |
| ✅ PAN Card | Of the business and the individual |
| ✅ GST Number (if applicable) | GSTIN of the business |
| ✅ Business Address | Official address proof (electricity bill, lease agreement, etc.) |
| ✅ Bank Account Details | Account number and IFSC code |
| ✅ Business Activity Details | NIC code, products/services offered |
| ✅ Investment and Turnover Details | Self-declared figures (no supporting docs required initially) |