alexa

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
Android -  https://play.google.com/store/apps/details?id=com.wealthdoctor
IOS - https://apps.apple.com/in/app/indianmoney-com/id1445018395

 

The proposal of 3 lakh crores of MSME loans has been approved by the cabinet, it was announced by our Finance Minister Nirmala Sithraman. All the micro, small, and medium enterprises which are registered under MSME and having outstanding credit up to 25 crores and annual turnover below 100 crores are eligible to avail 20% of the existing loan as a loan amount and even those who have availed MUDRA loan(again who have registered under MSME) of maximum 10 lakhs can avail 20% of that amount as an MSME loan amount. It attracts a maximum of 9.25% in the case of banks and NBFCs with a maximum interest rate of 14%. In this video, C. S. Sudheer has explained about MSME loan in detail

 
Get the Best Financial Advice on Click Here

Recent Videos

 
 
CIBIL Meter
Attention!

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