How to get MSME loan for school?

Schools classified as MSMEs (Micro, Small, and Medium Enterprises) can apply for MSME loans to fund infrastructure, technology upgrades, or working capital needs. The application process involves providing registration documents, financial statements, and a business plan. MSME loans generally has benefits like lower interest rates, collateral free options and simplified documentation. Schools can apply through the MSME portal or directly with financial institutions participating in government-backed schemes. Timely repayment and transparent financial management are important for maintaining eligibility for future funding.