Who Is Eligible For A Msme Loan In India?
Poonawalla Fincorp's MSME Loan eligibility is quite simple and straightforward, making it convenient for the applicants. Here is a list of documents required for an MSME Loan:
- Age: Applicant’s age must be at least 24 years at the time of application and not more than 65 years at the time of loan maturity.
- Business Vintage: The business vintage must be of at least 2 years.
- Annual Turnover: the business must have a minimum annual turnover of ₹6 Lakh.
If a business/business owner fulfils these criteria, then they are eligible for an MSME Loan form Poonawalla Fincorp.
