Government MSME Schemes : Find the Right Scheme for Your Business
The Government of India runs several schemes to provide financial support, subsidies, and credit guarantees to Micro, Small and Medium Enterprises (MSMEs). Use our free eligibility calculator or explore each scheme below to find out which ones apply to your business.
Collateral-free loans for small and micro businesses in manufacturing, service and trading sectors. Available in four tiers — Shishu, Kishor, Tarun and Tarun Plus — with loans up to ₹20 Lakh. No guarantor needed.
Government subsidy of 15% to 35% on project cost for setting up new manufacturing or service businesses. Only 5–10% contribution required from you. Ideal for first-time entrepreneurs starting a new unit.
Government-backed guarantee that enables banks to give you loans up to ₹10 Crore without asking for property or collateral. The government guarantees 75% to 90% of your loan to the bank.
Mandatory free registration for all MSMEs in India. Unlocks access to priority bank loans, government tenders, delayed payment protection, and all other MSME scheme benefits. Takes minutes to complete online.
End-to-end support for artisans working with hands and tools across 18 traditional trades. Includes free skill training with ₹500/day stipend, ₹15,000 toolkit grant and collateral-free loans up to ₹3 Lakh at just 5% interest.