Secure CGTMSE Guarantee for Collateral Free Loans

Get collateral free business loans up to ₹2 crore with CGTMSE guarantee coverage. Eliminate the need for third party guarantees and access credit easily for your micro and small enterprise growth.

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CGTMSE

Empowering Businesses through Comprehensive Solutions From Fund Management to Legal Empowering.

What Is CGTMSE Scheme?

Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is a unique scheme launched by the Government of India to provide collateral free credit guarantee to micro and small enterprises. The scheme guarantees loans up to ₹2 crore without requiring any collateral security or third party guarantees, making credit accessible to entrepreneurs who lack traditional security arrangements but have viable business propositions.

CGTMSE Guarantee Coverage Structure

Loans up to ₹5 Lakh

85% Guarantee

Coverage percentage

Maximum guarantee coverage for small loans
Ideal for micro enterprises and startups
Lower guarantee fee structure
Faster approval process

Loans above ₹5 Lakh

75% Guarantee

Up to ₹2 crore

Substantial guarantee coverage for larger loans
Suitable for small enterprise expansion
Technology upgradation support
Working capital and term loan coverage

CGTMSE Benefits & Eligibility

CGTMSE provides comprehensive credit guarantee support, enabling micro and small enterprises to access formal banking credit without traditional collateral security requirements.

Key Benefits

Collateral free loans up to ₹2 crore.
High guarantee coverage (75to85%).
No third party guarantees required.
Faster loan processing and approval.
Available for both term loans and working capital.

Eligibility Criteria

Micro and small enterprises as per MSMED Act.
Manufacturing, service, and retail trade activities.
New enterprises or existing requiring additional credit.
Should not be in default to any financial institution.
Valid Udyam Registration certificate required.

How Abtik Helps You Get CGTMSE Guarantee

Loan Application Assistance

We help you prepare comprehensive loan applications and project reports that meet CGTMSE guidelines and lending institution requirements.

Bank Coordination

Our team coordinates with empaneled banks and financial institutions to ensure smooth processing of your CGTMSE guaranteed loan application.

Guarantee Process Support

We provide complete guidance through the CGTMSE guarantee approval process and help with documentation and compliance requirements.

Why Choose Abtik for CGTMSE

Up to ₹2 Crore Guarantee

Access collateral free loans up to ₹2 crore with CGTMSE guarantee coverage, eliminating the need for third party guarantees or collateral security.

High Guarantee Coverage

Benefit from 85% guarantee coverage for loans up to ₹5 lakh and 75% coverage for loans above ₹5 lakh, reducing lender risk and improving approval chances.

No Collateral Required

Start or expand your business without pledging any collateral or third party guarantees, making credit accessible for small enterprises.

Frequently Asked Questions

1. What is CGTMSE scheme?

CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) is a scheme launched by Government of India to provide collateral free credit guarantee to micro and small enterprises. It guarantees loans up to ₹2 crore without requiring collateral security from borrowers.

2. What is the maximum loan amount covered under CGTMSE?

CGTMSE covers loans up to ₹2 crore for micro and small enterprises. The scheme provides guarantee coverage of 85% for loans up to ₹5 lakh and 75% for loans above ₹5 lakh but up to ₹2 crore, enabling easier access to credit.

3. Who is eligible for CGTMSE guarantee?

Micro and small enterprises engaged in manufacturing, service, and retail trade activities are eligible. The borrower should be a new enterprise or existing enterprise requiring additional credit. The enterprise should not be in default to any bank or financial institution.

4. What is the guarantee fee for CGTMSE?

CGTMSE charges an annual guarantee fee ranging from 0.75% to 1.5% of the guaranteed amount, depending on the loan amount and type of enterprise. There's also a one-time guarantee fee of 1% to 1.5% of the sanctioned amount.

5. What documents are required for CGTMSE coverage?

Required documents include loan application, project report, memorandum of association/partnership deed, financial statements, identity and address proof, Udyam Registration certificate, and bank statements. Specific documents may vary based on the lending institution's requirements.

6. Can existing loans be covered under CGTMSE?

No, CGTMSE coverage is only available for fresh loans or additional credit facilities. Existing loans cannot be converted to CGTMSE guaranteed loans. However, existing enterprises can apply for additional credit under the scheme for business expansion or working capital needs.