Department for Promotion of Industry and Internal Trade (DPIIT) · Part A

Credit Guarantee Scheme for Startups

CGSS

Government guarantees up to ₹20 crore on loans to DPIIT-recognised startups, so lenders can fund you without collateral.

Loan / Credit Guarantee up to ₹20 crore

Overview & Objective

Government guarantees up to ₹20 crore on loans to DPIIT-recognised startups, so lenders can fund you without collateral.

Key Benefits & Funding

Maximum guarantee of ₹20 crore or actual outstanding credit amount, whichever is less. For both transaction-based and umbrella-based cover.

Eligibility Criteria

Eligible (i) Scheduled Commercial Banks and Financial Institutions; (ii) RBI registered Non-Banking Finance Companies (NBFCs) and (iii) Securities and Exchange Board of India (SEBI) registered Alternative Investment Funds (AIFs) can become member institutions (MIs) subject to requirements.
Eligible borrowers are DPIIT recognised startups.

How to Apply

Visit the website for details: https://www.ncgtc.in/en/product-details/CGSS/Credit-Guarantee%20Scheme%20for%20Start-ups%20(CGSS) For application through the Jan Samarth portal: https://www.jansamarth.in/business-loan-startup-scheme.