Tag: udyam

Why do MSMEs need the Udyam annexure? The Udyam Registration Certificate is proof of MSME status only, but the Udyam annexure is a financial document with the help of which banks and other financial institutions evaluate the loan eligibility of the business. It helps in getting loan approval quickly by providing real-time financial data. Access […]

Benefits of MSME Udyam Registration Assurance of timely payment Most often, small businesses experience delayed payment by large businesses. But if a company does not pay you on time after obtaining Udyam registration, you can complain to the MSME Facilitation Council. Legally, large businesses need to pay MSMEs within 45 days. In case of delay, […]