5 MSME Loan Schemes Every Small Business Owner Should Know

CGTMSE (Credit Guarantee Fund Trust) enables collateral-free loans up to ₹2 crore for eligible micro and small enterprises.

PM Mudra Yojana offers loans up to ₹10 lakh under Shishu, Kishor and Tarun categories for non-farm income-generating micro enterprises.

Stand-Up India supports loans between ₹10 lakh and ₹1 crore for SC/ST and women entrepreneurs setting up greenfield enterprises.

PSB Loans in 59 Minutes offers in-principle approval for MSME loans up to ₹5 crore within an hour through an online portal.

SIDBI Make in India Soft Loan Fund (SMILE) provides equity-like soft loans to MSMEs in the manufacturing sector.