SIDBI Make in India Loan for Enterprises (SMILE)
Central Scheme (All India)
MSME & Industry
Application Mode: ONLINE
Active
Quick AI Summary
SIDBI direct lending scheme for MSMEs with loans up to Rs. 25 Crore at attractive interest rates.
Detailed Summary
SMILE provides term loans and working capital to MSMEs for equipment purchase, capacity expansion, and service delivery.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits | - Loans from Rs. 10 Lakhs to Rs. 25 Crore. - Quick sanction within 48 hours for small ticket loans. |
Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| - Udyam-registered MSMEs with satisfactory credit history. | |
Application Process Guide
- Apply directly on the SIDBI portal or through authorized SIDBI branches.