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Aman Agrawal (....)     22 September 2021

Can I take msme loan without taking Loan from Bank?

Cost of project:

1.)Machine: 16,00,000

2.)shed: 3,00,000

3.)Weighing machine:3,00,000

Source of Funds

I have a existing business with 70,00,000 turnover so I can manage the fund by my own.we are upgrading the machine in existing business 

Msme subsidy is been taken from MAdhya Pradesh msme promotional scheme 2021. Where I will get 40% subsidy of cost of the project.

So my question is whether I can take subsidy without taking Loan.?


 2 Replies

Rama chary Rachakonda

Rama chary Rachakonda (Master in Accounts & Lawyer email voice no:9989324294)     22 September 2021

The process to apply for an SME/MSME loan is simple.

  1. Fill up the online application form of SME/MSME loan to apply.
  2. Submit all the relevant documents to complete the process.
  3. Get money in bank within 24 hours.
Aman Agrawal

Aman Agrawal (....)     22 September 2021

Sir I don't need loan. I only need subsidy. Can 

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