There are numerous benefits of registering and getting Udyam certificate for your business, here we have mention 16 benefits of Udyam registration.
These benefits are listed out as per the schemes offered by the Ministry of MSME for the development of micro small and medium business enterprises in India. The same benefits can also be availed by the Udyam registration certificate holder and prove to be advantageous for them.
1. Claim stamp duty and registration fees waiver.
2. Exemption of 1% interest rate on Overdraft.
3. Can avail subsidy from NSIC and credit ratings & Eligible for IPS subsidy.
4. Reimbursement on the payment made for obtaining the ISO certificate.
5. Reservation of products for exclusive manufacturing by MSME and SSI.
6. Avail Excise Exemption Scheme.