Business Hub — MSME Loans, GST Registration & POS Terminals

MSME and Mudra loans are RBI-supervised credit products for micro, small, and medium enterprises registered under the MSMED Act 2006. Mudra Yojana offers three categories — Shishu (up to ₹50,000), Kishore (₹50,000–₹5 lakh), and Tarun (₹5–₹10 lakh) — at concessional rates. Under CGTMSE, member banks and NBFCs can extend collateral-free credit up to ₹5 crore, with a 0.37%–1.80% guarantee fee. PSU banks (SBI, BOB, PNB) are typically cheaper; NBFCs disburse faster.

GST registration on the GSTN portal is mandatory when aggregate turnover crosses the notified threshold (₹40 lakh for goods in most states, ₹20 lakh for services; ₹10 lakh for special-category states). Once registered, file GSTR-1 (outward supplies) and GSTR-3B (summary return) monthly, or quarterly under the QRMP scheme. Reconcile GSTR-2B with your purchase books each period to claim input tax credit. The composition scheme offers fixed-rate turnover tax with simplified returns but blocks ITC claims.

POS terminals (physical, mPOS, and QR-only) let you accept debit, credit, UPI, and BharatQR payments. RuPay debit and UPI P2M transactions are zero-MDR under the RBI Reference Model; credit cards and international card schemes still attract MDR per the acquirer schedule. Compare device cost vs rental, AMC support, settlement timelines (T+1 / T+2), and integration with your POS or accounting software before committing.