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The Ministry of Micro, Small, and Medium Enterprises (MSME) has constantly uplifted young Indian companies by creating a digitally empowered community. With the introduction of the MSME Databank web portal, it is now easier to get an online census of MSMEs in India.
The MSME Databank is a database of all MSME units in India. This includes details on mergers and acquisitions, transfer of technology, import/export of machinery, joint ventures, and more. With this information, the Ministry of MSME will have the census data online. It will also help MSMEs participate in the procurement process under the Public Procurement Policy of the Government of India. The MSME Databank also enables the monitoring of various loan schemes and policies structured specifically for MSMEs so that the government can pass on the benefits directly to small business owners. This process eases the challenges involved in keeping track of the many firms operating in the country.
Web-based secured online application
Accessible 24x7
Helps the government buy their procurements from MSMEs
Registered MSMEs will be eligible for becoming suppliers to the government
Aadhaar and Udyog Aadhaar-enabled enrolment
Enrolment on self-certification basis
Easy updation by MSME units as and when required
Exclusive access to government departments and PSUs users provided to search MSME units for their procurement needs
Real-time MIS dashboard for monitoring and updation
Mapping of products with HS/NPC codes for easy classification
Small business units
Industry associations such as CII, DICCI
Companies associated with MSME development organisations such as DC MSME, NSIC, KVIC, Coir Board, etc.
Existing and new SC/ST entrepreneurs
Promoters and entities with valid Aadhaar are eligible
Promoter’s Udyog Aadhaar Number for the business and PAN
MSME units that are getting benefits from the government
MSME Development (Furnishing of Information) Rules, 2009, requires all MSME enterprises to provide information relating to their business to the Government of India.
To register on the database, one must access the MSME Data bank Portal. Follow the steps and fill the form on the website at www.msmedatabank.in.
Step 1:Fill in details such as the Aadhaar card number, PAN, name of the enterprise, the communication address of the promoter, etc. This can be seen in the following image:
Step 2: Enterprise address, state, a person employed, last year’s turnover, and product details must be mentioned.
Step 3: Fill in the bank name, account number, IFSC, awards details, etc.
Step 4: In the additional requirements details, you can fill in information like the use of solar energy, joint venture, export, quality certification, etc.
Small business entrepreneurs can easily avail all the government benefits online without visiting any department. The Databank also helps to understand each scheme from getting financial support to marketing and technology assistance. The MSME Data bank is a step towards making MSMEs move towards Digital India.
The MSME Databank is a great opportunity that builds on making India grow on the digital spectrum. Small businesses can conveniently get financial support and technical assistance. Many government loan schemes are specifically designed to assist MSME projects. These schemes charge low interest and are free of collateral stipulations. At Finserv MARKETS, you can easily avail of MSME finance and business loans of up to ₹75 Lakhs to set up or expand your business. If you are an existing customer, you can also avail exclusive pre-approved business loans through the Finserv MARKETS app.
Three types of organizations where you can register for MSME DataBank. They are as follows:
MSME – this registration is for individuals that have MSME Units.
Association – this link is for registration by Industry Associations.
MSME Development Organizations – this link is for registration by various organizations under the Ministry of MSME, like DC-MSME, NSIC, KVIC, Coir Board, MGIRI, NIMSME, etc.
To register, one needs to make sure the MSME business applies under the appropriate category applicable to you, else your registration will be treated as invalid.
Important documents such as Aadhaar Number, Udyog Aadhaar Number & PAN are mandatorily required for registration on MSME DataBank. An individual cannot register on MSME DataBank without the mentioned documents.
While registering on MSME DataBank duplicate registration with PAN is not allowed. In case you have more than one unit, you can add your details from your dashboard. The login credentials will be sent directly on your registered e-mail ID.
The fields being fetched from Udyog Aadhaar Data cannot be changed since it will lead to mismatch between data of Udyog Aadhaar & MSME DataBank. However, you can proceed by entering the other information about your enterprise in the respective fields.
If you have specified yourself as a Service organization while registering on Udyog Aadhaar the same will reflect here.
In case you have specified yourself as a Manufacturing organization while registering on Udyog Aadhaar the same will reflect here.
If you have specified yourself as a Partnership organization while registering on Udyog Aadhaar the same will reflect here.
If you have already registered under the MSME Databank you will soon receive an email with your login credentials using which you can view & update your information.
In case of any issues regarding the data bank you can contact the MSME DataBank Helpline on +91-9599230207 or you can also email your queries to support@msmedatabank.in and the representative will get back to you as soon as possible.
No, the DataBank is built to create a comprehensive database of MSMEs across the country. There are no certifications for registration under the MSME DataBank.
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