Quick Summary
An approval letter allegedly issued by the Ministry of MSME is granting a loan and requesting a payment of Rs. 1000 on the pretext of processing fee. The Ministry of MSMEdoes not directly deal with individual beneficiaries for any of its credit schemes.
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FAQ :
The Ministry of MSME is clarifying that fake approval letters are being circulated, which falsely claim to grant loans and request a processing fee.
The fake approval letters are requesting a processing fee of Rs 1000.
No, the Ministry of MSME does not directly deal with individual beneficiaries for any of its credit schemes.
The fake approval letters are a scam designed to trick individuals into paying a processing fee under the false pretence of receiving a loan.
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