Credit Card for Micro Enterprises Micro Credit Card
A business credit card with a revolving limit of up to ₹5 lakh for micro enterprises registered on Udyam, backed by a government guarantee.
Last updated on
- Cost to apply
- Set by the issuing bank
- Status
- Open
- Run by
- Department of Financial Services and SIDBI, through banks
What you get
- Revolving credit up to ₹5 lakh
- 75% guarantee coverage
- No mandatory primary security
Who can apply
- Businesses that are already running.
- Micro enterprises.
- The most on offer is ₹5 lakh.
- Udyam registration is needed. It is free.
- Micro enterprises registered on the Udyam portal
Where to apply
In person, ask your bank branch
In Kerala, through bank branches in Kerala once they offer the card
Worth knowing
Announced in Budget 2025-26 with 10 lakh cards planned in the first year. Launched by the Finance Minister at SIDBI's foundation day on 25 May 2026, when the first cards were handed out.
Where we found this
- PIB, SIDBI 37th Foundation Day, launch of Micro Credit Card Scheme, 25 May 2026 (external site) Official announcement
- PIB, Budget 2025-26 Fuelling MSME Expansion (external site) Official announcement
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.