The Credit Guarantee Fund Scheme for Micro and Small Enterprises or CGTMSE was launched by the Government of India to ensure there is collateral-free credit to the micro and small enterprise sector.
This scheme is applicable to both existing and new enterprises. The Ministry of Micro, Small and Medium Enterprises, Government of India, and Small Industries Development Bank of India (SIDBI) in collaboration has established a trust called Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to implement the Credit Guarantee Fund Scheme for Micro and Small Enterprises.
Credit can be availed without any security/collateral if an MSME is eligible under the CGTMSE scheme.
Retail trade, Educational institutions, Self-Help Groups and Training institutions.
Up to ₹5 Crore depending on bank policies and borrower eligibility.
No. CGTMSE provides collateral-free credit to eligible MSMEs.
Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), backed by GoI & SIDBI.
Yes. Both new and existing MSMEs are eligible.
No. Final approval depends on bank credit assessment.
