Products/business/MSME Verification
business verification

MSME Verification API

The MSME Verification API validates MSME registration details including enterprise classification (Micro, Small, or Medium), activity type, and registration status from the Ministry of MSME database. Used by lenders and government scheme administrators to confirm MSME eligibility.

Latency

<300ms

Accuracy

99.7%

Use Cases

  • MSME loan eligibility verification
  • Government scheme and subsidy eligibility checks
  • Supply chain finance and vendor qualification
  • Priority sector lending classification
  • Marketplace seller MSME badge verification

Industries

BankingNBFCFintech

Frequently asked questions

What's the difference between MSME and Udyam?

Udyam is the new MSME registration system launched in 2020. Older MSME registrations issued before 2020 have a different format. This API handles legacy MSME numbers; use the Udyam Verification API for Udyam registrations.

Is this used for PSL classification?

Yes. MSME status verification is required under financial sector guidelines. This API provides the required classification data.

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