Classification of Micro, Small and Medium Enterprises

Enterprises	Annual Turnover
Micro Enterprises	Does not exceed 5 crore rupees
Small Enterprises	More than 5 crore rupees but does not exceed 50 crore rupees
Medium Enterprises	More than 75 crore rupees but does not exceed 250 crore rupees

Priority Sector lending for Micro-enterprises

For Micro Enterprises, there is a 7.5 per cent lending target of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher for banks.