What is the difference between an SME loan and an MSME loan in Ludhiana?

An SME loan is a loan that is offered to small and medium-sized enterprises (SMEs). An MSME loan is a loan that is offered to micro, small, and medium-sized enterprises (MSMEs). MSMEs are businesses that have a turnover of up to ₹250 crore and an investment in plant and machinery of up to ₹100 crore. SMEs are businesses that have a turnover of up to ₹500 crore and an investment in plant and machinery of up to ₹250 crore.

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Loan City