Sidbi is an Indian government-owned development financial institution based in Lucknow, Uttar Pradesh. It is the principal financial institution for the promotion and financing of micro, small and medium-sized enterprises (MSMEs) in India and acts as the nodal agency for all MSME-related financial matters.Sidbi was established in 1990 as a wholly owned subsidiary of the Industrial Development Bank of India (IDBI). In 2014, the Government of India increased its shareholding in the bank to 60.61%, making it a majority-owned government bank.Sidbi's primary objective is to promote, finance and develop MSMEs in India. The bank provides a range of products and services to MSMEs, including working capital and term loans, venture capital, equipment finance, loan against property, and letter of credit.Sidbi also offers a range of customer service initiatives for MSMEs, including a dedicated 24/7 customer care helpline, a web-based grievance redressal system, and a toll-free number for complaints related to finance. The bank has also set up a number of MSME facilitation centres across India to provide assistance and support to MSMEs.
1. Sidbi provides financial assistance to small and medium enterprises (SMEs) through a variety of loan and investment products.2. Sidbi also offers advisory and consulting services to help SMEs grow and expand their businesses.3. In addition, Sidbi provides training and capacity building programmes for SME owners and employees.4. Sidbi is also actively involved in promoting entrepreneurship and supporting start-ups through its Venture Capital Fund and other initiatives.5. Some of the well-known companies that have received financial assistance from Sidbi include Mahindra & Mahindra, Tata Motors, Bajaj Auto, Hindustan Unilever, and Godrej.
Below you can find various small industries development bank of india (sidbi) customer care number depending upon the usecase
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