Terms of the offer
CGTMSE (Credit Guarantee Funds Trust for Micro & Small Enterprises) Scheme eligibility criteria, fee, benefits, coverage details, importance and know how to get loan under CGTMSE . To avail sub-debt under DAF-SDSM, will it be necessary for existing loans of the borrower to be covered under existing guarantee schemes such as CGFMU or CGTMSE ? The CGTMSE loan scheme offers a collateral-free MSME loan of up to ₹10 crore. The scheme secures lenders (Banks and NBFCs) with a guarantee, and encourages them to provide loans to micro and small businesses. Ministry of Micro, Small and Medium Enterprises, GoI and Small Industries Development Bank of India (SIDBI), established a Trust named Credit Guarantee Fund Trust for Micro and Small Enterprises ( CGTMSE ) to implement Credit Guarantee Fund Scheme for Micro and Small Enterprises. The corpus of CGTMSE is being contributed by GoI and SIDBI.
