What Is Udyog Aadhaar Registration?

If you are a small and medium sized business owner or having small scale industries, then Government of India lets you apply for it and provides a certificate with 12 digit identification number at FREE of cost by the ministry of MSME(Micro, Small & Medium Enterprises).

What is difference between Udyog Aadhar & MSME?

Earlier, Udyog Aadhar used to be referred to as MSME registration. Now, the whole process of obtaining MSME registration is been converted to Udyog Aadhar registration. There is no difference.

What are the key benefits of Udyog Aadhar?

Government of India gives benefits of having Udyog Aadhaar certificate includes - easy sanction of bank loans (Priority sector lending), lower rates of interest, excise exemption scheme, exemption under Direct Tax Laws and statutory support such as reservation and the interest on Delayed Payments Act.

Can I get or eligible for Udyog Aadhar or MSME loans?

An established business that has been in operations for more than 6 months. A minimum turnover of Rs. 90,000 or more in the 3 months preceding your loan application.

What are MSME or Micro, Small & Medium Enterprises ?

Definitions of Micro, Small & Medium Enterprises In accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME)

Financial Planning | Espreson a Digital Magazine

Latest stories

69 Views

More stories

56 Views
How to get Govt of India Benefits with MSME, Udyog Aadhaar
What Is Udyog Aadhaar Registration? Udyog Aadhaar or msme registration – If you are a small and medium sized business […] More
May 15, 2020, 6:41 am
16 Views
Access your Bajaj Card E-Statement with Bajaj Finserv Card Customer Login
Bajaj Finserv EMI Store, India’s favourite online portal brings to you the Bajaj EMI Network Card. This valuable and unique […] More
April 22, 2020, 10:46 am
21 Views
Under what circumstances can I claim a bike insurance?
Neeraj was excited about his new bike, the all new Bajaj Dominar 400. The 373cc motorcycle, Neeraj’s first, was going […] More
December 17, 2019, 8:17 am
11 Views
When you should and when you should not file a car insurance claim
For car owners in India, purchasing a third-party car insurance policy is mandatory. However, it is always recommended to opt […] More
November 12, 2019, 12:10 pm
24 Views
Return to Invoice Cover: Ways to Protect Yourself Financially Against Car Theft
Return to Invoice cover is a car insurance Add-on that bridges the gap between the invoice value of the vehicle […] More
March 13, 2019, 1:04 pm
13 Views
How to Reduce Insurance Premium for your SUV?
When you buy an SUV, you get a lot of comfort and safety. These cars are sturdy and are ideal […] More
March 13, 2019, 12:56 pm
99 Views
7 Variables That Impact Your Two Wheeler Insurance Premium
Are you wondering what affects your 2 wheeler insurance premium? Well, there are a number of variables that do so. […] More
March 13, 2019, 12:51 pm
70 Views
7 Tips on How to Get Your Vintage Car Insured
A vintage car is a prized possession. If you have a vintage car, you need to insure it just like […] More
March 13, 2019, 12:08 pm
21 Views
New Initiative on ‘Two Wheelers to Be Sold with Helmets’ in Bihar from 2019 – Should other states follow the same?
Government of Bihar has come up with a unique solution bikes. Thus, if you are in Bihar and are looking to buy a bike, a helmet would become necessary to buy More
February 14, 2019, 10:14 am
28 Views
Things to keep in mind while renewing bike insurance for the first time
While renew bike insurance online Compare other available policies and then renew insurance for bike More
February 14, 2019, 10:00 am
10 Views
Things to know before you insure your high-end sports car
it is essential to have a premium, tailor made insurance High performance cars require high value premium car insurance More
February 14, 2019, 8:45 am
10 Views
Car Loan Tips for Salaried and Self Employed
The most important criteria to avail a car loan is that the applicant should be a salaried or a self-employed […] More
January 19, 2019, 12:56 pm