You can apply for a secured MSME loan through banks, financial institutions, government-backed schemes, or non-banking financial companies (NBFCs).
Interest rates on secured MSME loans vary based on the lender, loan amount, collateral value, and borrower profile, typically ranging from 8% to 16% annually.
The tenure for a secured MSME loan typically ranges from 1 to 7 years, depending on the lender, loan amount, and collateral value.
To update your contact information for a secured MSME loan, contact your lender directly through their customer service or online portal, or visit the nearest branch for assistance.