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Udyam certificate provides access to cheaper credit: Check details here

If you don't have GSTIN, wait till further clarity on whether the same is mandatory for registration

Topics
Bank credit | Bank loans | GSTIN registration

Bindisha Sarang  |  Mumbai 



bank, credit, growth, loans, funding, capital, cash, m&a, payment
Udyam is a portal for the registration of micro, small and medium enterprises (MSMEs). To obtain Udyam registration, one has to apply on the Udyam registration portal and get the Udyam registration certificate

Meera Shah (name changed) is a 40-plus entrepreneur from Mumbai. Recently, when she applied for a home loan, the lender asked her for the Udyam certificate as it would increase her chances of getting a loan. And she is in luck. On March 5, the government said and proprietors who are exempted from filing goods and services tax (GST) returns can now register on the Udyam registration portal via their permanent account number.

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First Published: Thu, March 11 2021. 06:10 IST

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