Launched in 2000, the CGTMSE scheme is a loan subsidy scheme that offers credit guarantee to over 100 Banks to offer funds and collateral-free business loans to micro and small enterprises. In April 2023, the credit facility ceiling was increased to ₹5 crore to enable more businesses to avail the benefits of the Credit Guarantee loan scheme. Under this scheme, when a Bank lends funds to a borrower, it is backed by the scheme and provides coverage for up to 75-85% of the loan amount. This reduces

Credit Guarantee Funds Trust for Micro and Small Enterprises (CGTMSE) is a trust established by the Government of India, under the Ministry of Micro, Small and Medium Enterprises Eligible activities- - Manufacturing and Services including Retail trade is allowed - Educational and Training institutions, Self Help Groups (SHGs), and agriculture-related activities are not eligible Guarantee Coverage From 75% - 85% (50% Coverage for retail activity) Annual Guarantee Fee for amount up to Rs. 1 crore

CGTMSE (Credit Guarantee fund Trust for Micro and Small Enterprises) is setup by GoI, & SIDBI in Aug’2000 to make collateral free credit facilities available to MSEs(Micro & Small Enterprises).As per RBI guidelines, MSE advances guaranteed by CGTMSE will attract zero risk weight for the guaranteed portion and no provision is to be made for the guaranteed portion in case the advances covered under CGTMSE, becomes NPA.Eligibility:Under CGTMSE, guarantee cover is provided by the trust for the credi

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