MSMEs need credit for everything from stock to expansion. An MSME loan is a business loan for a micro, small or medium enterprise — the product can be a term loan, a working capital loan or an equipment loan, depending on the need.
Who is an MSME?
From 1 April 2025, an enterprise is:
| Category | Investment up to | Turnover up to |
|---|---|---|
| Micro | ₹2.5 crore | ₹10 crore |
| Small | ₹25 crore | ₹100 crore |
| Medium | ₹125 crore | ₹500 crore |
A free Udyam registration gives you an MSME certificate.
What an MSME loan can fund
- Working capital — stock, payables, seasonal needs
- Machinery and equipment
- Opening a new outlet or unit
- Technology, marketing and hiring
What lenders look at
Business vintage, turnover, GST and ITR filings, banking history and the promoter's credit record. Government schemes such as CGTMSE and PM Mudra Yojana support collateral-free lending through participating lenders; eligibility depends on the scheme and lender. Read the full MSME loan guide.
Why apply through Oxon Fintech
- One application, several lending partners — instead of approaching lenders one by one
- Paperless banking check through Account Aggregator
- A dedicated point of contact through documents, offers and disbursal
Check eligibility, the documents and your EMI with the business loan EMI calculator.