Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
सूक्ष्म और लघु उद्यमों के लिए क्रेडिट गारंटी फंड ट्रस्ट
Ministry / Dept: Ministry of MSME & SIDBI • Agency: Member Lending Institutions (Commercial Banks, NBFCs, SFBs)
📋 Scheme Objective & Overview
Enables micro and small enterprises to obtain term loans and working capital facilities up to ₹5 Crore from banks without providing any collateral security or third-party guarantee.
💰 Key Financial Benefits & Subsidy Details
- ✓Collateral-free borrowing up to ₹500 Lakhs (₹5 Crore).
- ✓Up to 85% guarantee cover for women, SC/ST, and North East region entrepreneurs.
- ✓Up to 85% guarantee cover for micro enterprises up to ₹5 Lakhs.
- ✓Up to 75% guarantee cover for standard micro and small enterprises.
- ✓Guarantee fee reduced to minimal 0.37% to 1.35% per annum.
🎯 Who is Eligible? (Eligibility Criteria)
- •New and existing Micro and Small enterprises engaged in manufacturing or service activities.
- •Retail and wholesale trade also eligible up to ₹5 Crore.
- •Educational institutions, training institutions, and agriculture per se are excluded.
Age Requirement: 18 to 70 years.
Education Qualification: None
📑 Mandatory Documents Required Checklist
Scanned PDF / Copies🚀 Step-by-Step Application Procedure
❓ Frequently Asked Questions (Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE))
What is the maximum loan limit under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)?
Eligible applicants can avail up to Up to ₹5 Crore (₹500 Lakhs) Collateral-Free in financial assistance from authorized partner banks.
How much capital subsidy is provided?
The scheme provides Guarantees up to 85% of default risk for loans up to ₹5 Cr without third-party collateral credited directly to the loan bank account upon milestone verification.
Is collateral security or mortgage required?
Completely collateral-free; Trust guarantees loan recovery to banks.
Ready to apply for Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)?
Submit your online application through the official government portal.
Apply on Official Portal →Toll-Free Helpline: 022-67531100
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