Credit Guarantee Scheme for Subordinate Debt (CGSSD)
Subordinate debt for stressed MSMEs
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CGSSD provides guarantee cover to banks for extending subordinate debt to promoters of stressed MSMEs. The scheme helps promoters of viable MSMEs facing stress to meet their equity/quasi-equity requirements.
Promoters of MSMEs which are NPA or SMA-2. Promoter should not be willful defaulter. Credit facility should not exceed ₹25 crore. Unit should be viable.
- Udyam Certificate
- Existing Loan Details
- Financial Statements
- Viability Report
- Promoter Documents
90% guarantee by NCGTC, maximum ₹2 crore per borrower, helps in debt restructuring, moratorium of 7 years, promotes MSMEs revival.
Data Accuracy Notice
Information verified as of March 2025 from official government sources. Scheme details, eligibility, and loan amounts may change. Always verify current information on the official portal before applying.
Visit the official government portal to apply for this scheme. Make sure you have all required documents ready.
Rajesh Sharma, CA
Mumbai · ⭐ 4.9 (127)
"Helped 500+ MSMEs secure loans"