Credit Guarantee Scheme for Micro & Small Enterprises(CGTMSE)

Credit Guarantee Scheme for Micro & Small Enterprises(CGTMSE)

This scheme aims to encourage first-generation entrepreneurs to venture into self-employment opportunities by facilitating credit 
guarantee support for collateral-free/third-party guarantee-free loans to the Micro and Small enterprises (MSEs), 
especially in the absence of collateral.

KEY BENEFITS

• Credit guarantee for loans up to Rs. 2 crores, without collateral and third-party guarantee.

• Guarantee coverage ranges from 85% (Micro Enterprise up to Rs 5 lakhs) to 75% (others).

• 50% coverage is for retail activity

Scheme applicable for: 
• Existing Entrepreneurs and Aspiring Entrepreneurs.

How to apply:

• Through Member Lending Institutions (Banks and NBFCs)

•For detailed guidelines please visit https://www.cgtmse.in