Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE)

iAbout This Scheme

Credit guarantee scheme enabling micro and small enterprises to obtain collateral-free loans from banks and financial institutions, with CGTMSE providing up to 85% guarantee cover on loans up to ₹5 crore to ease credit access for MSEs.

🎁Key Benefits

• Up to 85% guarantee coverage on loans to micro enterprises (up to ₹5 lakh)
• 75% guarantee coverage on loans ₹5 lakh to ₹5 crore
• Enhanced 85% cover for women entrepreneurs and NER/hill area units
• Collateral-free loans possible for MSEs
• Guarantee fee of 0.37%–2% per annum depending on loan amount
• Covers term loans and working capital loans

✅Eligibility Criteria

• 1
  New and existing micro and small enterprises in manufacturing and services
• 2
  Not engaged in retail trade, educational institutions, agriculture, SHGs
• 3
  Loan availed from CGTMSE-member lending institution
• 4
  Enterprise must be registered under MSME (Udyam Registration)

📝How to Apply

❓Frequently Asked Questions