Msme Loan
WHAT IS MSME ???
MSME refers to Micro, Small and Medium Enterprises.
In a developing country like India, MSME industries are the backbone of the economy.
MSME are classified into two categories:
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MANUFACTURING
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SERVICE
They are defined in term of investment in Plant and Machinery/ Equipment as below:
| MICRO | SMALL | MEDIUM | |
| Manufacturing Enterprises | Investment > Rs. 10 Crore | Investment > Rs. 10 Crore | Investment > Rs. 20 Crore |
| Service Enterprises | Turnover > Rs. 5 Crore | Turnover > Rs. 50 Crore | Turnover > Rs. 100 Crore |
