FAQ's on Udyam Registration

Answers to all your questions about Udyam(MSME) Registration

APPLY FOR UDYAM REGISTRATION HERE

Who can Apply for Udyam / MSME Registration Certificate?

Any business has a main activity related to Manufacturing, Service, or both and Turnover and Investment criteria less than Rs.250.00 crore and Rs.50.00 Crore respectively, eligible to register under MSME.

Kindly Check your Enterprise Status - CLICK HERE

The business owner has to use registration credentials to share with different stakeholders to avail faster recovery, reduction in interest rate, and much more.

  • Registration Number should be mentioned on Sales Bill, It will help to improve receivable collection and helping to claim with the non-recovery payment process under MSME Samadhan Process.
  • MSME Certificate acknowledge during bank loan proceeds: It will help to consider the lower loan interest rate, it's nearly reduced by 1% of Interest compare to Non-MSME Enterprise.
  • Udyam Certificate is useful as MSME id proof :MSME Certificate is issued by Government of India. Some banker is consider as valid proof as issued by government, And it will helpful to open your Current Bank Account.
  • MSME Certificate acknowledges with Power Supply Company for a manufacturer. It may be helpful to reduce the rate per unit and if your manufacturing unit is new then apply for an electricity duty waiver to the power company.
  • Subsidy benefits availability: In PAN India any Manufacturing unit is initiated with a bank loan, He must eligible for one or more Subsidy in different forms as per different Policies. For the application for Subsidy Assistance, MSME Certificate is mandatory to submit.
  • It is mandatory from 1st April 2021 to continuously avail all benefits as MSME Category.
  • Quote the Udyam MSME Certificate number in your Tender offer. It will help to waive the EMD clause and priority in selection for a non-compete clause.

Having a Udyam MSME certificate is not beneficial until you linked it with related benefits and applications. One Registration is allowed to access many benefits for Micro, Small, and Medium Enterprise. Thus it is known as Business Aadhar.

We will process your application with the least information required to save your time and comply under MSMED Act with a more efficient way, Kindly fill up form HERE and rest process on us, Except some OTP process as acknowledge to process with yours. There is not required to provide any Documents except owner aadhar card for owner name reference only. Your mobile number should be linked to your Aadhaar card, in case it is not, we will need other ways to authenticate your application.
You will get your Registration Certificate immediately on your email address or other communciation channels after we proceed application. Within the next 24 hours, you will receive your certificate in the mail and we also acknowledge.
Udyam MSME Certificate will be issued by mail as e Certificate and you can take a print when you need it. A printed copy is enough for registration proof and to avail of any linked government scheme. There will be no physical copy issued.
Yes, you can see how the certificate looks like in SAMPLE CERTIFICATE
Every valid application will be approved. No applications are mended to be rejected. The application will be approved on the basis of the information provided by the applicant.
The Registration Certificate will be valid for a lifetime once you get it registered, except any changes occur in the government guidelines.
Yes, Your Enterprise has to update financial figures related to Investment in Plant & Machinery / Equipment and Turnover as per last filled Financial year. And for other credentials, the growth in your Business unit, simultaneously any update in employment, business location, bank details, etc will require a timely update.
As per amended in MSME guidelines following the definition having composite criteria of Turnover and Investment in Plant and Machinery or Equipment for Manufacturing or Service Enterprise,

All value of Turnover under Single PAN even if more then One GST registered, But Exclude export of Goods or Services.

The Original Value of the plant and machinery/equipment utilized to manufacture goods or provide service.

Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 updated in terms of which the definition as under:

Kindly Check your Enterprise Status - CLICK HERE

Manufacturing Sector & Services Sector
Enterprises Investment in plant & machinery
Micro Enterprises Less then,Plant Machinery / Equipment - Rs. 1.00 Crore & Turnover Rs. 5.00 Crore
Small Enterprises Less then,Plant Machinery / Equipment - Rs. 10.00 Crore & Turnover Rs. 50.00 Crore
Medium Enterprises Less then,Plant Machinery / Equipment - Rs. 50.00 Crore & Turnover Rs. 250.00 Crore