Micro enterprise

On Udyam, micro is the smallest band. In practice it is kirana, job-work, a two-machine shed, a home-based garment line, a garage, or a single-outlet service. The certificate tells the lender this is an enterprise. It does not tell them the cash will repay.

The first facility is often a small working-capital line or a machinery ticket that matches the quotation — not a seven-year EMI for everything. GST may be new, composition, or still catching up with banking. That is a file design problem, not a reason to invent a personal-loan story.

What usually sits on a micro file: Udyam, promoter KYC, 6–12 months of the account that actually runs sales, and GSTR if registered. If the ask is a machine, the vendor quotation is the heart of end-use. If the ask is stock, a stock and debtor note that the owner can defend matters more than a glossy project PDF.

A micro label does not mean automatic CGTMSE, and it does not mean a bank will skip bureau or banking. We map whether the unit is ready for a formal limit, or whether the next step is cleaning GST versus cash deposits first.

What we usually hear

• First formal working capital after years of cash-and-carry
• Small CNC, sewing line, oven, or garage equipment on a term ticket
• Shop fit-out that should not sit on a 12-month OD

What stalls the file

• Sales in a personal account with no GST trail
• One EMI trying to fund both stock and a machine
• Udyam still in an old constitution after a partnership change

Related services

• Working Capital Loan — Short-term and revolving funds so stock, payroll, GST and suppliers do not wait on collections.
• Unsecured Business Loan — MSME term credit without mortgaging property — underwriting rests on GST, ITR, banking and bureau, not on a ‘no documents’ slogan.
• Machinery & Equipment Loan — Finance plant, tools and equipment so capex does not drain MSME working capital.
• Collateral-Free MSME Loan (CGTMSE) — Guarantee-backed, collateral-light credit for eligible micro and small enterprises.