CGTMSE (Credit Guarantee Scheme)
Collateral-free loans up to ₹5 Crore for MSMEs
Amount Range
Up to ₹5 Crore
Timeline
21-30 days
Overview
CGTMSE provides credit guarantee to banks for extending collateral-free loans to MSMEs, enabling easier access to credit.
Key Benefits
No collateral required
No third-party guarantee
Coverage up to 85% for women
Quick loan processing
Eligibility Criteria
Business Types
Sole ProprietorPartnershipPvt Ltd
Categories
GENERALWOMENSC/STMINORITY
Purposes
Working CapitalEquipmentExpansion
Required Documents
MSME Registration (Udyam)
Business Registration Documents
Bank Statements (12 months)
ITR for last 3 years
Audited Financial Statements
Frequently Asked Questions
The guarantee coverage is up to 85% for micro enterprises and 75% for other MSMEs. For women entrepreneurs, coverage is 85% irrespective of enterprise size.
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