MSME loan is a financing facility provided by banks and financial institutions to micro, small and medium enterprises (MSMEs) for their business needs and operations. This loan helps MSMEs to meet their working capital requirements, purchase raw materials, upgrade their machinery and infrastructure, expand their business, and more. The loan amount can range from a few thousand to crores of rupees, depending on the borrower's requirement and the lender's policies. The government also provides various schemes and subsidies to promote MSMEs and make it easier for them to avail loans. MSME loans are a vital component in driving economic growth and development, and it helps to create employment.