Credit Guarantee Fund Trust (CGTMSE)

क्रेडिट गारंटी फंड ट्रस्ट

🏛 Ministry of MSME

Benefit Amount

Guarantee up to 85% of loanGuarantee

✓ Government Verified✓ Direct Bank Transfer

ℹAbout Credit Guarantee Fund Trust (CGTMSE)

Collateral-free credit guarantee for micro and small enterprise loans up to Rs.5 crore from banks. Guarantees up to 85% of sanctioned amount.

Ministry

Ministry of MSME

Applicable In

All India

Benefit Type

Guarantee

Status

Active

✓Who Is Eligible?

The Credit Guarantee Fund Trust (CGTMSE) scheme is designed for owners of micro and small enterprises across India. The scheme is open to all types of business units including proprietorships, partnerships, and private limited companies. Your business must be classified as a micro or small enterprise as per government definitions. The loan amount you are seeking should not exceed Rs.5 crore. There are no specific age, income, caste, or gender-based restrictions mentioned in the scheme guidelines, meaning it is open to all citizens regardless of these factors. The scheme applies across all states in India with no geographic restrictions. Your business should be engaged in manufacturing or providing services, as per the definition of micro and small enterprises. If your business is new or existing, you can apply for this guarantee cover. The guarantee is designed to help enterprises that may struggle to get loans due to lack of collateral or credit history. For precise eligibility criteria and any specific conditions that may apply to your particular business type, it is recommended to check the official CGTMSE website or consult with your bank's MSME department, as detailed guidelines are available on their portal.

Quick eligibility check:

✓

Age 18–120 years

✓

Gender: Male, Female, Other

✓

Category: General, OBC, SC, ST

📝How to Apply for Credit Guarantee Fund Trust (CGTMSE)

To apply for the Credit Guarantee Fund Trust (CGTMSE) scheme, follow these simple steps. First, visit the official CGTMSE website at www.cgtmse.in to understand the complete scheme details and requirements. Second, check if your business qualifies as a micro or small enterprise and if your loan requirement is within the Rs.5 crore limit. Third, prepare all necessary documents as per the scheme requirements and visit your nearest bank branch that participates in this scheme. Fourth, submit your loan application to the bank along with your business plan and required documents. Fifth, the bank will assess your application and submit it to CGTMSE for guarantee approval. Sixth, once approved, the guarantee covers up to 85 percent of the sanctioned loan amount, protecting the bank and making it easier for you to get credit without collateral. Finally, after approval, you will receive the loan directly from your bank. Remember that this is a collateral-free guarantee scheme, so you do not need to pledge any assets. For specific details about required documents and exact application procedures, visit the official website or contact your bank's MSME lending department.

Visit Official Portal →