{"id":6844,"date":"2024-01-18T11:33:50","date_gmt":"2024-01-18T11:33:50","guid":{"rendered":"https:\/\/www.indifi.com\/blog\/?p=6844"},"modified":"2024-06-27T11:35:02","modified_gmt":"2024-06-27T11:35:02","slug":"small-scale-industry-loans-complete-guide","status":"publish","type":"post","link":"https:\/\/www.indifi.com\/blog\/small-scale-industry-loans-complete-guide\/","title":{"rendered":"Small-Scale Industry Loans \u2013 Eligibility, Process, and Documents Required"},"content":{"rendered":"
\n
\"Small-Scale<\/figure>\n<\/div>\n\n\n

<\/p>\n\n\n\n

Small-scale industries or MSMEs (micro, small and medium enterprises) play a crucial role in shaping a country’s economy. <\/p>\n\n\n\n

In India, the sector contributed around 29% to the gross domestic product (GDP). <\/p>\n\n\n\n

Meanwhile, small-scale industries generate about 360 lakh jobs in the country.<\/p>\n\n\n\n

The government offers loan facilities for small scale industries at low interest rates and low to zero collateral to support the businesses established in this sector. Read on to learn more about the lending schemes, their eligibility and required documents.<\/p>\n\n\n\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n