CGTMSE — Credit Guarantee for Micro & Small Enterprises
CGTMSE (Ministry of MSME)
📋 Overview
CGTMSE provides guarantee cover to member lending institutions for collateral-free credit extended to new and existing micro & small enterprises. The maximum exposure per borrower was raised to ₹500 lakh. Guarantee coverage can go up to 85% of the amount in default for eligible micro loans, with standard coverage lower for other categories. Udyam registration is required to establish MSE status. Guarantee fee applies as published by CGTMSE.
Benefit summary
Collateral-free borrowing capacity with guarantee cover up to ₹5 crore exposure.
📎 Typical documents
- ✓Udyam registration
- ✓Bank loan application
- ✓Financial statements
AIFund provides discovery and workflow assistance. Eligibility scores are indicative and must not be treated as approval, sanction or a government decision. Verify current rules on the responsible authority's official portal.