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)

Looking for something else?

  • Business Term Loan

    For long-term growth and expansion

  • Working Capital Loan

    Manages daily operational needs

  • GST Business Loan

    Loan based on GST returns

  • Insta OD

    Instant overdraft for businesses

  • Cash Credit Facility

    Revolving credit for business expenses

  • Equipment Finance

    Funds to purchase machinery/tools

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. 

Disclaimer

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