Did you know formalization positively impacts your ability to avail credits from Banks?

  • Maintain proper Financial records
  • Registration with Goods and Services Tax Network (GSTN) helps
  • Use digital modes of payment for digital transaction

Did you know TReDS can help MSMEs address the problem of delayed payment*?

  • As per law, a buyer has to pay the MSME supplier within 45 days of acceptance of goods
  • MSME seller can discount bills accepted by the buyer by uploading the invoice on TReDS – an RBI authorised platform.
  • To avail the benefit, both the buyer and seller should be registered on TReDS

Did you know that timely repayment of loans can be beneficial?

  • Give high priority to timely repayment of loans
  • Timely repayment can help MSMEs get loans on easier and better terms*
  • In case of stress, MSMEs can approach Banks for help under RBI mandated institutional mechanism for resolution

Visit www.rbi.org.in/flw for more details

*Terms and conditions Apply. Contact your Bank for more details.

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