MSME Loan Interest Rate: Affordable Financing for Small Businesses
MSME loans (Micro, Small, and Medium Enterprises loans) are designed to support small businesses with competitive interest rates. Typically ranging from 8% to 14%, these rates depend on the lender, loan tenure, and borrower’s creditworthiness. Government-backed schemes like CGTMSE and MUDRA loans often provide subsidized rates to empower MSMEs, making them an attractive option for expanding operations or managing working capital.
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