CGTMSE - Credit Guarantee Fund Trust for Micro Enterprises
Collateral-free loans up to ₹2 crore with 75-85% guarantee
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CGTMSE provides credit guarantee to loans extended by banks to MSMEs. The scheme offers 75-85% guarantee coverage on loans up to ₹2 crore, enabling easier access to credit without collateral. Enhanced coverage for women-led enterprises introduced in Dec 2024.
MSMEs in manufacturing and service sectors with annual turnover up to ₹250 crore. New enterprises can get guarantee coverage. GST registration required. No collateral needed for guaranteed loans.
- Aadhar Card
- PAN Card
- Business Registration Certificate
- GST Registration
- Bank Statement
- Business Plan
- Project Report
75-85% credit guarantee coverage, collateral-free loans up to ₹2 crore, enhanced guarantee for women-led enterprises, special provisions effective from April 2025, reduced risk for lenders.
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"