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An MSME loan refers to a financial product specifically designed for Micro, Small, and Medium Enterprises (MSMEs).
These loans aim to provide financial support to small and medium-sized businesses that may have difficulty accessing traditional business loans due to their size or limited financial history.
MSME loans are typically available to micro, small, and medium-sized enterprises that meet specific eligibility criteria, such as the company's turnover, number of employees, and years in business.