MSME Revised definition

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MSME Revised definition

 

The definition of MSME is revised to include composite criteria of investment in plant and machinery and annual turnover

Revised MSME definition

Criteria Micro Small Medium
Investment < Rs 1 crore < Rs 10 crore < Rs 10-50 crore
Annual Turnover < Rs 5 crore < Rs 50 crore < Rs 50-250 crore

Last Updated On : Wednesday, 11-11-2020

Interest Rates

8.50%* p.a. onwards

w.e.f. 05.04.2024

*T&C Apply.

 

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