MSME Promotion Loans

Micro, Small, and Medium Enterprises (MSME) Loans are a type of business loan given by banks or loan institutions to individuals, SME, MSME, and start-up enterprises. MSME Loans are used by business owners and enterprises to meet their working capital requirements, manage cash flow, expand their business, etc. Many loan institutions and banks provide SME and MSME loans to their customers without collateral or any security.

Due to some reason, the loan holder is not able to repay the loan taken in the past or present. Due to this, the bank keeps it in the category of NPA. Keeping this problem in mind, MSMEPCI has taken the important decision that MSMEPCI will make the loan holder sign an agreement under which the loan holder will have to invest his loan amount only in the place where he has been given a loan.

Under this, the expenditure of the loan amount will be checked at a fixed interval to ensure that the loan amount is spent on the same work for which the loan is being taken by the loan holder.

Under this agreement, if the loan holder wishes, then MSMEPCI will provide the loan holder with the following facilities :

  • MSMEPCI will provide manpower.
  • MSMEPCI will help in setting up industries.
  • MSMEPCI will provide raw materials when needed.
  • MSMEPCI will provide an audit team for your industry.
  • MSMEPCI will provide training in industry-related areas.
  • The finished product will be promoted by MSMEPCI, if necessary.
  • MSMEPCI will provide production-related support (manpower, machines, processes, etc.).
  • If required, the finished product can also be sold by the MSMEPCI marketing team in different states.
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