MSME/Udyog Aadhaar Registration
SAI ENTERPRISES in Bhopal is the leading EPC Business Consultant and Online
Service Provider for MSME/Udyog Aadhaar Registration. Udyog Aadhaar (also called as
Aadhaar for Business) is a unique 12-digit Government identification number provided
by the Ministry of MSME for the small and medium enterprises & Small scale industries
to register them as MSME through their Aadhaar Card Number.
Udyog Aadhar used to be referred to as MSME registration earlier. Now, the process for obtaining MSME registration has been converted to Udyog Aadhar registration.
Udyog Aadhar used to be referred to as MSME registration earlier. Now, the process for obtaining MSME registration has been converted to Udyog Aadhar registration.
"SSI vs MSME"
There is no such difference between SSI or MSME, SSI or Small Scale Industries
was initiated to develop the Small scale industries with emergence of MSMED (Micro
Small and Medium Enterprise Development Act, 2006).
If you’re wondering ‘What is Udyog Aadhaar?’, the answer is simple: It is an
identification system, similar to Aadhaar, but specifically for businesses. As an
MSME/SME, you can enjoy special Udyog Aadhaar benefits through subsidies as its main
purpose is to promote the growth of all businesses registered.
Udyog Aadhar Eligibility
| Classification | Manufacturing Sector | Service Sector |
|---|---|---|
| Micro Enterprises | Upto Rs. 25 lakhs investment in plant & machinery | Upto Rs. 10 lakhs investment in equipment |
| Small Enterprises | Upto Rs. 5 crore investment in plant & machinery | Upto Rs. 2 crores investment in equipment |
| Medium Enterprises | Upto Rs. 10 crore investment in plant & machinery | Upto Rs. 5 crores investment in equipment |
Documents Required For Udyog Aadhaar New Registration
- Personal Aadhaar number
- Name of owner
- Category of applicant
- Name of business
- Type of organization
- Bank details
- Key activity
- National Industrial Classification code
- Number of persons employed
- Details of District Industry Centre (DIC)
- Date of commencement
Benefits Of Udyog Aadhaar
There are few benefits to registering your business for Udyog Aadhaar. They are
as follows.
- Access to loans without guarantee and at subsidized rates
- Access to financial support for participating in foreign expos
- Access to exclusive government subsidies
- Ability to apply for micro-business loans and other related schemes
- Easier access to government provisions for businesses
All these benefits are vital to an enterprise as they help you access capital and enjoy government aid. Additionally, you can couple the benefits of Udyog Aadhaar with a lucrative business loan to see even greater business improvements. Whether you’re looking to improve your infrastructure, upgrade machinery or expand your business, the Bajaj Finserv Business Loan is a great option as it offers a sizeable, collateral-free sanction.
You get up to Rs.30 lakh to fund business expenses at an attractive interest rate and enjoy loan approval in less than 24 hours. Further, it is easy to qualify for and you only require two documents to apply for it. Bajaj Finserv also provides you with the Flexi Loan facility, through which you can pay interest-only EMIs all through the tenor and repay the principal at the end. This reduces your monthly installments by up to 45%, allowing for better cash-flow management and improved overall financial efficiency. To get started, simply check your pre-approved offer and enjoy hassle-free application and instant approval on your loan.
