Benefits of Udyog Aadhar

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Udyog Aadhaar is a twelve digit Unique Identification Number provided by the Ministry of Micro, Small and Medium Enterprises, Government of India for small and medium enterprises, beginning in September 2015. It is also known as Aadhaar for Business

Udyog Aadhaar was issued in September 2015 in India as there was a dire need to make the registration processes for the micro, small and medium sized enterprises in India. Before this, the registration process was tedious and paper-heavy and the owner was required to register for both small industry and MSME, but with the introduction of Udyog Aadhaar the procedure got simpler and easier for the business owners.

Following are the benefits of Udyog Aadhaar:

1.     It helps in providing bank loan without collateral or mortgage

2.   Helps in tax exemption of direct tax

3.   You can avail interest at lower rate

4.   In case of patent registration 50% grant is available

5.    Reimbursement of ISO certification

6.   Makes the process of availing licences, approvals and other registrations easy

7.    Concession in electricity bill and more

8.   Eligibility for government subsidies

9.   Preference in allocation of Government tenders

10.                      Applying for current bank accounts for businesses is easier and faster

11.Increasing eligible loan limit for optimal reasons, from the amount of Rs. 25 lakh to Rs. 50 lakh

12.                       Raising the extent of guarantee cover from 75 % to 80 %

13.                       Barcode registration subsidy

14.                       Manufacturing and production sector policies

15.                       Provides protection against any delay in payments

16.                       Fast resolution of disputes

17.                       Subsidy on NSIC performance & Credit Ratings for those having MSME Registration

 

18.                      1% exemption in interest on OD

 

For More Details Contact Us @

Contact No. 9112211457

Email: help@msmeregistration.org

Website: https://www.msmeregistration.org/

Location: Pune, Maharashtra, India

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