Credit Guarantee Fund trust for Micro and Small Enterprises

The Ministry of Micro, Small & Medium Enterprises (MSMEs) and Government of India launched the Credit Guarantee Scheme (CGS) to make collateral free credit facilities available to new as well as existing MSEs.

Guarantee cover up to Rs.10 cr Covers Working Capital & Term Loan

Home Loan

About

Credit facilities for Micro and Small Enterprises (MSEs)

The Ministry of Micro, Small & Medium Enterprises (MSMEs) and the Government of India launched the Credit Guarantee Scheme (CGS) to make collateral-free credit facilities available to new as well as existing MSEs.

Guarantee fee payable

Guarantee fee applicable as per CGTMSE guidelines

Accepted Collateral

No collateral required (may vary depending on the case facts, basis bank’s policy norms)

FAQs

What kind of entities would be eligible for the CGTMSE scheme?

The following entities are eligible for the CGTMSE scheme:

Sole Proprietorship Firm
Partnership firm/ Limited Liability Partnership
Private Limited Company / Public Limited Company

What kind of borrowers are eligible for the Guarantee Cover under the CGTMSE scheme?

Micro and Small Enterprises (MSEs) engaged in services or manufacturing activities are eligible for the Guarantee Cover under the CGTMSE scheme.