Sign in

MSME/SSI Registration

nisha kumari
MSME/SSI Registration

Micro, Small, and Medium Enterprises (MSME) are an important aspect of India's heritage economic model and a vital component of the product and service supply chain. This sector is the job creator as well as plays a crucial role in providing large-scale employment and industrialization of rural and backward areas.

Also, Read- udyam registration portal

Although MSME online registration is not required, it is usually recommended to small and medium businesses since it gives a number of advantages. Benefits such as loan rates charged would be substantially lower, as would tax breaks, capital investment tax breaks, and other government assistance.

We can assist your company in obtaining MSME Registration online so that you may take advantage of a variety of perks. We provide MSME and SSI online registration services in Delhi NCR, Mumbai, Bengaluru, Chennai, and other Indian cities.

What is the difference between MSME and SSI?

MSME was first launched in India in 2006. Actually, several service sectors that were not previously covered in this sector were now included in the definition of Micro, Small, and Medium-sized Enterprises, making this Act a historic development. As a result, harnessing the sector's potential, the government has made MSME registration online and paperless.

Priority sector loans, electricity tariff subsidies, capital investment subsidies, and excise and direct tax exemptions are all advantages of MSME registration. The following are the requirements that must be met in order to qualify under the MSME Act.

  • MSME status is granted to any manufacturing businesses that have spent less than ten crores on machinery and equipment.


  • Plant and machinery investments in service businesses should not exceed 5 crores.


  • And, in the not-too-distant future, if your business surpasses the maximum limit, it will no longer be classified as an MSME.

What Are the Different Types of Micro, Small, and Medium-Sized Enterprises (MSMEs)?

There are three categories of MSME or SSIs that may be categorized as follows:



Of course, micro-enterprises are the tiniest of businesses. Micromanufacturing businesses must invest less than Rs. 25 lakhs in plant and machinery, whereas micro service enterprises must invest no more than Rs. 10 lakhs.

Small Businesses

Small manufacturing businesses should invest between Rs. 25 lakh and Rs. 5 crores in plant and equipment, whereas small service businesses should invest between Rs. 10 lakh and Rs. 2 crores in plant and machinery.

Medium-sized Businesses

Medium manufacturing companies should invest between Rs. 5 crore and Rs. 10 crores in plant and machinery, whereas small service enterprises should invest between Rs. 2 crore and Rs. 5 crores.

MSME / SSI Registration Benefits:

Small companies can profit from MSME / SSI registration in a variety of ways:

Cheaper bank loans: Compared to conventional business loan interest, the rate of interest on loans given to MSMEs is 1-1.5 percent cheaper.

PM Modi has established the Mudra Loan program, which offers loans to MSME and SSI without the need for collateral.

Faster approvals from state and federal government agencies: MSME-registered businesses are given priority when it comes to government licenses and certifications.

Tax breaks: MSME/SSI firms are eligible for a variety of income tax and capital gains tax breaks from the government.

Infrastructure is less expensive for MSME-registered businesses, which includes things like power and VAT exemptions. Other commercial services, like patents, are similarly less expensive for SMEs.

Tender access: There are a number of government bids that are solely accessible to MSMEs in order to encourage small company involvement in India.

Suggested Read- how to print udyam certificate

What role does SSI/MSME play in obtaining a bank loan?

MSMEs are recognized by all banks and organizations. Special schemes are also being developed to recognize them. Banks prefer to lend to MSMEs rather than larger businesses. In the case of MSME, the chances of receiving a sanctioned loan are significantly higher. The interest rates on bank loans will also be reduced. In the event of a repayment delay, there may be preferential treatment.

nisha kumari
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more