MSME Registration (Udyam)

Rs 299/- only

Get your MSME (Udyam) registered from Zebotax, one of the best MSME Registration (Udyam) consultants in India. Just Scroll down to know the MSME Registration (Udyam) process in Pune, India.

Documents Needed for MSME Registration (Udyam)

Proprietorship / Individual

Partnership

Pvt Ltd Company

LLP

Steps Involved in MSME Registration (Udyam) in India

The process for registering a MSME (Udyam) in India involves simple three steps…

Documentation

Gathering all the necessary documents

Form Filling

Filling up all the necessary forms and attaching required documents

Uploading Documents

Application for Certificate by submitting Final Documentations

Timeline for MSME Registration (Udyam) in Pune, India

It takes 1/2 working days (approx) after receiving all the documentation to complete MSME Registration (Udyam) procedure. Timeline may vary depending on replies from MSME department.

Frequently Asked Questions

Advantages of Udyam Registration (MSME Registration in Pune, India

Timely payments

 of Dues

MSME Enterprises can avail the benefit under this scheme when the buyer does not make the payment as per the agreement or in case of no specific agreement in 45 days, then the buyer is liable to make the payment with 3 times of interest as prescribed by RBI.

Subsidy on IP

Registration

A hefty 50% subsidy is given to the Enterprise that has the certificate of registration granted by MSME. This subsidy can be availed for trademark/patent registration by giving application to respective ministry.

Borrowings are 

Collateral free

Credit Guarantee Fund Scheme for MSME are both term loans and working capital facility up to Rs.100 lakh per borrowing unit, which is provided without any collateral security or third party guarantee.

Capital and other grants for infrastructure development

Since MSMEs is a sector generating employment and giving entrepreneurial ventures a boost, the government also identifies training sectors for MSME and gives capital grants for improvisation of the infrastructure and support for entrepreneurial development.
Eligibility criteria for Micro Small and Medium Enterprises Registration
ClassificationInvestment in plant and machinery and equipmentTurnover
Micro enterpriseNot more than INR 1 CroreNot more than INR 5 Crore
Small enterpriseNot more than INR 10 CroreNot more than INR 50 Crore
Medium enterpriseNot more than INR 50 CroreNot more than INR 250 Crore
MSME schemes launched by the Government

Bank Loan at Cheap rates: MSME can avail loans from banks at minimal rates.

ISO Expenses Reimbursement: MSME also gets reimbursement of 75% of the certification expenses on ISO Quality Management Systems (QMS)/ISO 9001 and /or Environment Management Systems (EMS)/ ISO14001and / or Food Safety Systems (HACCP) Certification upto a maximim limit of Rs. 75000.

Performance & Credit Rating Scheme: Under this scheme the strength and weaknesses of the enterprises of their existing operations are given by trusted third parties, so that they can avail loans at cheaper rates. The rating fee is also subsidized for the first year upto 75% or 40,000 whichever is less.

Concession in Electricity Bills: MSME can avail this benefit by making an application to Electricity Board.

Can I open current account using Udyam Registration?

Yes, the Udyam Registration can be used to get current Bank Account opened. Udyam Registration is treated as a Business registration certificate for Micro, Small and Medium Enterprises. The Small and Medium firm who have Udyam Registration can apply for current Bank account along with any other registration certificate.

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