Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Loans are utilized for catalyzing institutional credit for the SME and MSME sectors as per their requirements.
With Corprise Financial Services, you can borrow CGTMSE and other personalized loans as per your requirement. With us, your loans get instant approval with minimum documentations.
Apply for loanGet instant loans for all your requirements.
Micro and Small Enterprises (MSEs) can avail of the CGTMSE loans as set up by the Government of India and SIDBI according to their requirements. Under this scheme, the Micro and Small Enterprises can avail of instant fund credit without any collateral required.
CGTMSE has introduced a “Hybrid Security” product which would allow guarantee cover for that portion of the credit which is not covered by collateral security.
With CGTMSE credit, the lender will prioritize project viability and understand the importance of securing the credit facility.
One of the main objectives of CGTMSE loan is that the lender must offer composite credit to the borrowers, enabling them to obtain both long term and working capital facilities from the same agency.
CGTMSE loans can be availed by the Micro and Small Enterprises, with any collateral or third party guarantee free credit facility.
New and existing MSEs involved in manufacturing activities, excluding Agriculture and Self Help Groups (SHGs), are eligible for CGTMSE loan. To be eligible for accessing the loan, the enterprises must have a minimum credit cap of Rs.200 lakh.
Maximum age of applicant at loan maturity: 60 years
Minimum Net Monthly Income: Rs 25,000
Applicant should have the bank specified credit score.
If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.
The main objective of the CGTMSE loan scheme is to offer credit facility to the promoters of the Micro and Small Enterprises (MSEs). The promoter can get access to the credit in the MSME as quasi equity or sub-debt.
New and existing MSEs that are involved in manufacturing activities, except Agriculture and Self Help Groups (SHGs), are eligible to avail of CGTMSE loan. To access loan under the scheme, the enterprises must have a minimum credit cap of Rs.200 lakh.
All the scheduled commercial banks are eligible for being Member Lending Institutions (MLIs).
The loan sanctioned under the CGTMSE scheme is valid for a maximum 10-years period from the date of availing the loan. The scheme is applicable to sub-debt category under CGSSD. The maximum amount of guarantee is Rs.20,000 crore.
To apply for your required loan scheme, provide the necessary details in the application form below.
