CGTMSE Loan
Collateral-free loans for MSMEs backed by the Credit Guarantee Fund Trust for Micro & Small Enterprises.
What is a CGTMSE Loan?
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) provides a guarantee cover to banks and NBFCs against potential losses from MSME loans — enabling lenders to sanction credit WITHOUT demanding collateral or third-party guarantee. This scheme is a game-changer for first-generation entrepreneurs.
Who is Eligible?
- New or existing Micro and Small Enterprises (Udyam-registered)
- Loan requirement up to ₹5 Crore (enhanced limits as notified)
- Viable business with adequate repayment capacity
- Not availing any other government guarantee scheme on the same loan
Key Benefits
- No collateral or personal guarantee (beyond promoter)
- Covers term loans, working capital, and composite loans
- Annual guarantee fee of 0.37–1.35% (borne by borrower or shared)
- Women and SC/ST entrepreneurs get enhanced coverage
- Available through 150+ participating MLIs (banks, NBFCs)
Documents Required
Step-by-Step Process
CGTMSE Eligibility
We confirm your loan is eligible under the current CGTMSE scheme.
Lender Selection
We identify an empaneled MLI (bank/NBFC) most likely to sanction your loan.
Application
We prepare and submit the collateral-free loan application.
Guarantee Enrollment
Bank enrolls the approved loan under CGTMSE after sanction.
Disbursement
Funds disbursed. CGTMSE guarantee cover becomes active.
Interested in a CGTMSE Loan?
Tell us your requirement and we will assess your eligibility in 24 hours — for free.
Apply Now +91 97146 31847