MSME Credit Card (ME-Card) Scheme
This scheme is run by the Ministry of Micro, Small & Medium Enterprises, Government of India. It was announced in the Union Budget 2025-26 under the heading “Credit Cards for Micro Enterprises” to provide easier and quicker access to credit for micro-enterprises registered on the Udyam Registration Portal. Its purpose is to give micro enterprises a dedicated credit card limit (₹5 lakh) so that they can meet working-capital or operational expenses with less friction. Your business can benefit because such a credit card can provide short-term liquidity, enable digital payments, and help track business spending.
Key Features
- Dedicated credit limit of up to ₹5 lakh: The scheme mentions that a customised credit card scheme will provide ₹5 lakh in credit to micro enterprises.
- Eligibility via Udyam registration for micro enterprises: The budget announcement specifies micro enterprises registered on the Udyam portal.
- Issuance of up to 10 lakh cards in first year: The budget document states 10 lakh cards to be issued in the first year.
- Integration with digital payments and business expense tools: A press release emphasises digital payments, EMI facility, and business-services tied to the card
Financial Assistance
Eligibility Criteria
Who Can Apply:
- Micro enterprises registered on the Udyam Portal.
- Engaged in manufacturing, services or trade and classified as micro under MSME definition.
- You should maintain KYC, GST, bank account and have an operational business.
Who Cannot Apply:
- Enterprises not registered on Udyam or not classified as micro.
- Applicants with major credit defaults or ineligible business segments as per bank/issuer terms.
- Enterprises which are larger than micro category might not be eligible under this particular card scheme.
Documents Required
- Udyam Registration certificate.
- PAN of proprietor/firm, Aadhaar or identity proof.
- Business bank account details.
- Basic business profile .
- KYC of proprietor/firm.
Bullit’s ME Card
Bullit’s ME Card is a smart finance tool to power your business by keeping expenses organized and separate from personal spends, giving you better control and clarity to grow faster.
Bullit’s ME Card is meant for business owners, manufacturers, traders, retailers, consultants, service providers, creators and basically anyone looking to grow their business and stay organized.
Bullit’s ME Card is a limited edition card packed with unique features and amazing reward such as
- Travel & lounge perks
- Tools, software, utilities
- Personalized office essentials
- Coworking access across India
- GST reconciliation made simple
Application Process for getting Bullit’s ME Card
Bullit’s ME Card is launching soon, and early access is reserved for a limited few. Only waitlisted members will be first in line for priority approval and exclusive benefits tailored to their business needs. Don’t get left behind while others move ahead the sooner you join, the faster your business gains the edge.
Claim your spot on the waitlist today - Click here to join
To know more about Smart financial solutions and MSME Credit card do refer to our expert insights
Related Schemes
Frequently asked questions
Am I eligible for the ME-Card if my business is not registered on Udyam?
No, Udyam registration is mandatory to apply for the ME-Card.
What is the maximum loan amount available under the ME-Card scheme?
The credit limit on the ME-Card is ₹5 lakh.
Can I use the ME-Card for business expenses only?
Yes, the ME-Card is meant solely for business-related working capital and operational expenses.
How long is the credit limit on the ME-Card valid?
The tenure depends on the issuing bank’s policy, usually designed for short-term working capital cycles.