What it is
The Udyam Registration Number is the unique identifier a business receives on registering with the Udyam portal, run by the Ministry of Micro, Small and Medium Enterprises. It confirms the business’s classification as a micro, small, or medium enterprise (MSME) based on investment and turnover thresholds.
Why it matters for lenders
MSME classification, verified via the Udyam number, is a precondition for accessing MSME-specific credit schemes, priority-sector lending targets, and certain regulatory protections. A lender or marketplace onboarding a business claiming MSME status needs to verify the Udyam registration itself, not just take the claim at face value.
