MSME LOAN
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An MSME loan is a financial product tailored for Micro, Small, and Medium Enterprises (MSMEs) to help them meet their operational, growth, and expansion needs. These loans are offered by banks, financial institutions, and government schemes to support small businesses in areas like working capital, equipment purchase, inventory management, and infrastructure development. MSME loans can be secured or unsecured, with flexible repayment terms and competitive interest rates, depending on the borrower's credit profile. They play a crucial role in empowering small businesses to scale, improve productivity, and remain competitive in the market, fostering overall economic growth.