How MSME/Udyam Registration works
Step 1: Share Aadhaar and PAN
Timeline: Day 0
- Owner Aadhaar for OTP, business PAN, and GSTIN if registered.
- Ollvy confirms your classification (Micro/Small/Medium) based on investment and turnover.
- Correct NIC code selected - wrong code invalidates benefits.
Milestone: Details received
Step 2: Application filed on Udyam portal
Timeline: Day 1
- Filed on official Udyam portal with investment and turnover details.
- GSTIN linked automatically.
Milestone: Application submitted
Step 3: Udyam certificate with URN issued
Timeline: Day 1-2
- Certificate with Udyam Registration Number (URN) generated.
- Classification confirmed: Micro, Small, or Medium.
- Valid permanently - no renewal.
Milestone: MSME registered
Everything included in MSME/Udyam Registration
Udyam certificate with URN
Official Udyam Registration Number issued. Certificate recognised by all banks, government departments, and procurement portals.
Correct NIC code selected
Wrong industry code means every MSME benefit is invalid. Ollvy maps your business activity to the right NIC code before filing.
Without Ollvy: Wrong NIC code - CGTMSE loan rejected, 45-day payment rule inapplicable
With Ollvy: Industry code verified against your actual business activity
GSTIN linked + scheme access unlocked
GST registration linked during Udyam filing. CGTMSE collateral-free loans, 45-day payment protection, and GeM tender access all available immediately.
What could go wrong with MSME
Wrong NIC code invalidates benefits
- The NIC (industry) code determines which MSME schemes apply to your business.
- Wrong code = scheme applications rejected silently.
- Ollvy selects the correct NIC code based on your actual business activity.
Self-declaration accuracy
- Investment and turnover are self-declared.
- The Udyam portal syncs with your ITR data annually and may auto-reclassify you.
- Keep supporting records (ITR, asset register) in case of verification.
Frequently asked questions about MSME/Udyam Registration
MSME benefits?
CGTMSE collateral-free loans up to Rs. 10 crore. Priority sector lending. 45-day payment protection (MSMED Act Section 15). 25% GeM procurement reservation. State subsidies.
Is registration free?
Zero government fee on the Udyam portal. Ollvy fee covers filing assistance, correct NIC code selection, and certificate delivery.
What is CGTMSE?
Credit Guarantee Fund Trust for Micro and Small Enterprises. Lets registered MSMEs get bank loans up to Rs. 10 crore without pledging assets as collateral.
45-day payment rule?
MSMED Act Section 15: buyers must pay MSME suppliers within 45 days (15 days without written agreement). Delay triggers compound interest at 3x bank rate. File complaint on MSME Samadhaan portal.
MSME/Udyam Registration
Free government registration. CGTMSE loans up to Rs. 10 crore. 45-day payment protection.
Guaranteed by 26 May
THE PROCESS
How Ollvy registers your MSME/Udyam
Step 1: Share Aadhaar and PAN
Owner Aadhaar for OTP, business PAN, and GSTIN if registered. Ollvy confirms your classification (Micro/Small/Medium) based on investment and turnover. Correct NIC code selected - wrong code invalidates benefits.
Milestone: Details received
Step 2: Application filed on Udyam portal
Filed on official Udyam portal with investment and turnover details. GSTIN linked automatically.
Milestone: Application submitted
Step 3: Udyam certificate with URN issued
Certificate with Udyam Registration Number (URN) generated. Classification confirmed: Micro, Small, or Medium. Valid permanently - no renewal.
Milestone: MSME registered
Share Aadhaar and PAN
- Owner Aadhaar for OTP, business PAN, and GSTIN if registered.
- Ollvy confirms your classification (Micro/Small/Medium) based on investment and turnover.
- Correct NIC code selected - wrong code invalidates benefits.
Details received
WHAT YOU GET
Everything included
UDYAM CERTIFICATE
UDYAM-KA-01-0012345
Micro Enterprise ✓
Certificate valid permanently. No renewal needed.
Udyam certificate with URN
Official Udyam Registration Number issued. Certificate recognised by all banks, government departments, and procurement portals.Correct NIC code selected
Wrong industry code means every MSME benefit is invalid. Ollvy maps your business activity to the right NIC code before filing.Others
Wrong NIC code - CGTMSE loan rejected, 45-day payment rule inapplicable
Ollvy
Industry code verified against your actual business activity
BENEFITS UNLOCKED
All benefits active from day of registration
GSTIN linked + scheme access unlocked
GST registration linked during Udyam filing. CGTMSE collateral-free loans, 45-day payment protection, and GeM tender access all available immediately.We file correctly.
Not just on time.
Others
Documents taken as-is. Query or rejection? Your problem.
Ollvy
Every document reviewed before filing. Mismatches and format issues caught upfront.
NEXT STEPS
What MSME unlocks
Services that become available or mandatory after completion.
GST Registration
Required for billing.
Startup India
Additional benefits if innovation-based.
Trademark Registration
MSME discount on govt fees.
CUSTOMER REVIEWS
What customers say about MSME
Certificate came the same day. Took it to the bank the next morning.
- Harish Chandra Pandey
Needed it for a tender. Finished faster than I expected and no back and forth.
- Kavitha Ramanathan
Applied for a CGTMSE loan the week after getting the certificate. Bank accepted it immediately. Rs 25 lakh approved without collateral.
- Pramod Tiwari
| Document | Required | Notes |
|---|---|---|
| Aadhaar card (owner/director) | Mandatory | OTP sent to Aadhaar-linked mobile during registration |
| Business PAN | Mandatory | Company PAN, LLP PAN, or owner PAN for proprietors |
| GSTIN | Mandatory if GST-registered | Auto-linked during registration |
| Investment in plant and machinery | Declare (no upload) | Current value as per your latest tax return - not the original purchase price |
| Annual turnover | Declare (no upload) | As per your latest tax return; self-declared |
Your documents are encrypted, visible only to your assigned professional, and deleted 90 days after your order closes.
COMMON QUESTIONS
Frequently asked questions
Government fees
| Item | Fee | Notes |
|---|---|---|
| Udyam Registration | Nil | Government portal fee is zero - completely free |
| Update of registration | Nil | Classification updates are also free |
RELATED GUIDES
Deep-dive guides on MSME
Written by the same Ollvy CA team. Linked sources, updated when regulations change.
₹299
₹1,500
Guaranteed by 26 May