MSME Loans

Government-backed loans for micro, small, and medium enterprises under Mudra and CGTMSE schemes.

Key Features

Loan Amount

₹50,000 – ₹5 Crore

Interest Rate

8% – 16% p.a.

Tenure

Up to 5 years

Processing Fee

0.5% – 2%

Collateral

Collateral-free under CGTMSE up to ₹2 Cr

Approval Time

5 – 10 business days

What You Can Use MSME Loans For

Common use cases and how businesses leverage this financing.

Mudra Loans

Shishu (up to ₹50K), Kishore (₹50K–₹5L), Tarun (₹5L–₹10L) for micro enterprises.

CGTMSE Coverage

Collateral-free loans with Credit Guarantee Fund Trust backing.

Stand-Up India

Loans from ₹10L to ₹1Cr for SC/ST and women entrepreneurs.

PMEGP Scheme

Prime Minister Employment Generation Programme for new enterprises.

Eligibility Criteria

  • Valid Udyam Registration (formerly Udyog Aadhaar)
  • Business operational for at least 1 year
  • GST registered (for loans above ₹10 Lakh)
  • No existing defaults or NPA status
  • CIBIL score of 600+

Documents Required

  • Udyam Registration Certificate
  • GST returns (last 6–12 months)
  • ITR (last 2 years)
  • Bank statements (last 6 months)
  • KYC documents of promoters

Available Business Loan Products

Compare rates from our lending partners.

Rate

14.0%+

Amount

Up to ₹50L

Tenure

48 months

Apply Now

Rate

16.0%+

Amount

Up to ₹75L

Tenure

48 months

Apply Now

Rate

14.5%+

Amount

Up to ₹45L

Tenure

60 months

Apply Now

Rate

18.0%+

Amount

Up to ₹20L

Tenure

36 months

Apply Now

Ready to Apply for MSME Loans?

Check your eligibility in 2 minutes and get matched with the best lenders.