Q. How does MSME Registration help in getting loans from the bank?
Agam Gupta February 11, 2017 709 Views
All banks and other financial institutions recognise MSME and have created special schemes for them.
This usually includes priority sector lending, which means that the likelihood of your business being sanctioned a loan is high. Bank loan interest rates will also be lower. There may also be preferential treatment in case of delay in repayment.