KNOW MORE ABOUT MSME UDHYOG AADHAR

MSME REGISTRATION

MSME is Stand for Micro Small Medium Enterprises

Currently the ministry of MSME is distributing the certificate in the name of Udyog Aadhaar registration. There is an ACT called Micro, Small and Medium Enterprises Development Act, 2006,

MSMED Act, for the growth of the small business upto the investment for 10 crores in manufacturing sector and 5 crores in case of service industries.

There are major benefits is been scheduled for the businesses in India to enjoy by registering their business with Udyog Aadhaar by MSME department.

Major Benefits of MSME Registration Certificate or Udyog Aadhaar Certificate

• Waiver in Security Deposit in Government Tenders and Departments.
• Reduction in interest rates from Banks.
• 1% exemption on interest rate on OD.
• Special consideration on International Trade fairs.
• Bar Code Registration Subsidy.
• 100% Collateral Free loans from all banks.
• Concession in Electricity bills.
• Reimbursement of ISO Certification.
• NSIC Performance and Credit ratings.
• 50% subsidy for patent registration.