Frequently Asked Questions
What's the difference between Micro, Small, and Medium enterprise?
Classification is based on investment in plant & machinery/equipment and annual turnover — Micro is the smallest tier, Medium the largest. The portal calculates this automatically from the figures you provide.
What documents do I need?
Aadhaar of the proprietor/managing partner (for OTP verification), business PAN, and your business bank account details (cancelled cheque or passbook).
What benefits does Udyam registration actually give me?
Priority-sector lending eligibility, collateral-free loan schemes, protection under the MSME Development Act for delayed payments from buyers, and preference in many government tenders.