What is the interest rate for MSME loan?

Interest rates for MSME (Micro, Small, and Medium Enterprises) loans vary depending on the lender, the applicant's credit profile, loan amount, tenure, and the type of MSME loan. Generally, the rates can range from around 7% to 18% per annum. Some government-backed schemes might provide subsidized interest rates or other benefits.

Note: For the most accurate and up-to-date information, it is recommended to contact specific banks or financial institutions directly.