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Documents Required for MSME Registration in India & Its Benefits

CA Umang Jain
May 19
2 min read

Updated: May 20

Unlock the true power of your business with MSME registration in India— enjoy financial perks, government support, and zero-collateral loans!

Register today and turn opportunities into growth with exclusive benefits crafted for small enterprises.

Documents Required for MSME Registration in India & Its Benefits:

If a business is registered under the MSME Act, it can avail several benefits like cheaper bank loans, tax benefits and access to various schemes of the government.

Essential Documents required for MSME registration India:

a) Aadhar Card

In case of a proprietorship firm, the Aadhar number of the proprietor is to be entered in the Udyam Registration Form
In case of a Partnership firm, the Aadhar number of the managing partner is to be entered in the Form
In case of a HUF, the Aadhar number of the Karta is to be entered in the form.
In case of Company or LLP or Co-operative society or Society or Trust, the Aadhar number of the organisation or the authorised signatory is to be entered.

b) PAN card

c) GSTIN (GST Identification number), if the enterprise is required to be registered under the law.

d) Business Details

Name and type of enterprise (Proprietorship, Partnership, LLP, Company, etc.)
Address of the business
Date of commencement

e) Bank Account Details

Bank account number and IFSC code of the enterprise

f) NIC Code

National Industry Classification (NIC) Code for the business activity

g) Investment and Turnover Details

Investment in plant and machinery or equipment
Annual turnover

Note: No physical documents are required to be uploaded. The registration is Aadhaar-based and self-declared.

MSME Classification:

Rs. In Crore	Investment	Turnover
Micro Enterprises	2.5	10
Small Enterprises	25	100
Medium Enterprises	125	500

Financial Benefits of MSME registration India:

Collateral Free Loans: Under the Credit Guarantee Fund Scheme, MSMEs can access loans without collateral through banks and NBFCs.
Protection Against Delayed Payments: MSMEs are entitled to receive interest (3 times the bank rate) on delayed payments from buyers beyond 45 days.
Access to Government Tenders: Preference in procurement by government departments and PSUs (Public Sector Undertakings).
Subsidy on Patent and Trademark Registration: Up to 50% subsidy available on patent and trademark registration fees.
Access to Government tenders: Preference in procurement by government departments and PSUs (Public Sector Undertakings).