SSI msme registration in bangalore
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Overview
Small scale businesses play a vital role in improving the economy of any country. To encourage new and existing business, the government of India has launched many schemes that help small and medium scale businesses to sustain and grow. To avail all these beneficial schemes, you need to get your Udyam registration done. Udyam Registration is also known as Udyog Aadhaar or SSI registration
Advantages
1. You can get collateral-free loans from banks under the credit guarantee fund scheme (CGS) for micro and small enterprises
2. Some items have been earmarked to be manufactured only by small scale enterprises
3. Once you get the MSME certificate for your microenterprise, it gets much easier to get licenses, registrations, and approvals for the same
4. Being able to show your MSME certificate while making these applications will speed up the process
5. You get special consideration for participating in international trade fairs, exhibitions, and buyer-seller meets. You can also hold international seminars and conferences which are in the interest of MSME sector
6. When you have MSME registration, you get many things done at a subsidised price:
Barcode registration, NSIC performance and credit ratings, industrial promotion subsidy (IPS) subsidy, ISO certification, electricity bill, and patent registration can be done easily
7. The interest rate charged by banks for MSME registered enterprises is lower than the normal interest rate.
Documents Required
– Aadhaar card
– A bank passbook with a picture
– Election ID card
– Passport
– PAN card
– A driving permit
– A government-issued ID card for employees (if any)
– Certificate of caste (for SC, ST, and OBC category)
– Owner’s name and Aadhar number for the business
– Name of the business
– Information about the initial registration procedure for the business
– Documentation confirming the kind of the business
– Documents pertaining to the bank account information and mailing address.
– Code for National Industrial Classification.
Faqs
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.