1. After registering their MSME, the applicant will receive the benefits of all the government schemes such as an easy loan, loan without guarantee, loans with subsidized rates of interest etc.
2. The applicant will receive financial support for participating in foreign expos to showcase their products.
3. The applicant will also be eligible for government subsidies.
4. Registration would facilitate hassle-free opening of current bank accounts in the name of the business.
5. It would also allow businesses to apply for government micro business loans and other such related beneficial schemes.