How to apply msme loan online

To apply for an MSME loan online, you can use the official PSB Loans in 59 Minutes portal or a lender's website. The process typically involves:

• Registering on the portal with your mobile number and email.
• Providing business details, including GSTIN and PAN.
• Uploading digital documents such as ITR (XML format), bank statements (PDF), and Udyam Registration.
• Selecting a loan offer from various banks based on your eligibility.
• Receiving in-principle approval digitally, followed by verification and disbursement by the bank.