Search in Indianmoney's WealthPedia

Home > Videos > Collateral free Loans for MSMEs - Rs. 3 lakh Crores

Collateral free Loans for MSMEs - Rs. 3 lakh Crores

Start your Journey to Become Rich with IndianMoney's Financial Freedom App, Download here:



The proposal for 3 lakh crores of MSME loans have been approved by the cabinet and was announced by the Finance Minister Nirmala Sithraman. All the micro, small, and medium enterprises which are registered under the government and have an outstanding credit up to 25 crores and whose annual turnover is below 100 crores are eligible to avail 20% of the existing loan as the loan amount. The government acts as collateral and will repay the loan, in case anyone defaults. It attracts a maximum interest rate of 9.25% in the case of banks and 14% in the case of NBFCs. In this video, C. S. Sudheer has explained everything you need to know about MSME loan. Watch the video to know more.





Get the Best Financial Advice on Click Here

Recent Videos


This is to inform that Suvision Holdings Pvt Ltd ("") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.