Udyog Aadhar
Udyog Aadhar
Documents Required :
Aadhar Card (linked with active mobile number) - for OTP verification.
Bank Details (Account Number, Name & IFSC Code)
Income Tax Return (if Available)
Business Name
Business Activities
Other Information :
MSME stands for Micro, Small and Medium Enterprises.
Benefits for MSME's :
After registration, any enterprise becomes qualified to reap the benefits offered under the MSMED Act.
Some of the benefits from Central Government include easy sanction of bank loans.
Due to the MSME Registration, the bank loans become cheaper as the interest rate is very low around ~ 1 to 1.5%. Much lower than interest on regular loans.