Ministry of Micro, Small and Medium Enterprises · Part B

Credit Guarantee Trust Fund for Micro & Small Enterprises

CGTMSE

Get collateral-free bank loans as a micro or small enterprise, with the trust guaranteeing cover of up to ₹10 crore per borrower.

Loan / Credit Guarantee cover up to ₹10 crore

Overview & Objective

Get collateral-free bank loans as a micro or small enterprise, with the trust guaranteeing cover of up to ₹10 crore per borrower.

Key Benefits & Funding

Collateral free loan is available for individual MSE on payment of guarantee fee to bank by the MSE
The cap of ₹10 crore is the maximum guarantee coverage limit (irrespective of the unit activity including Trading) per borrower based on the outstanding credit facilities and the borrowers can avail incremental credit facilities
Modified guarantee cover is available for Women entrepreneurs / Units located in Northeast Region.

Eligibility Criteria

Loans sanctioned to Micro and Small Enterprises (MSE) units, as per the definition of the Ministry of MSMEs engaged in all eligible activities including trading activity.

How to Apply

Apply to a MLI (Banks, NBFCs, FIs) registered with CGTMSE for MSE loan (Term Loan or Working Capital). Check the official CGTMSE website for the list of MLIs: https://www.cgtmse.in/