CGTMSE Scheme (Credit Guarantee Fund Trust for Micro and Small Enterprises)
Access collateral-free business loans up to ₹10 crore with government-backed credit guarantee under the CGTMSE Scheme. Empower your MSME with easier financing for expansion, working capital, machinery, and business growth.
Free Eligibility Check
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₹10 Crore
Maximum Guarantee Cover (Standard MSMEs)
No
Collateral or Third-Party Guarantee Required
SIDBI
Co-Promoted by Ministry of MSME & SIDBI
PAN India
Available Through All Member Lending Institutions
What is the CGTMSE Scheme?
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is a Government of India initiative jointly established by the Ministry of MSME and SIDBI (Small Industries Development Bank of India). The scheme enables eligible Micro and Small Enterprises to obtain collateral-free business loans of up to ₹10 crore by providing a credit guarantee cover of 75% to 85% to lending institutions, making finance more accessible for startups and MSMEs without pledging property or third-party guarantees.
Key Benefits
Collateral-Free MSME Loan
No Security Required
Obtain business loans up to ₹10 crore without pledging collateral or third-party guarantees.
Government Credit Guarantee
75%–85% Coverage
Credit guarantee support to participating Member Lending Institutions (MLIs), reducing lender risk.
Business Growth Financing
Flexible Use
Fund business expansion, machinery purchase, working capital, and day-to-day operations.
Wide MSME Eligibility
Micro & Small Enterprises
Available for eligible Micro and Small Enterprises across manufacturing, services, retail, and trade sectors.
Who Can Apply?
Check whether your business qualifies before starting the application process.
Micro or Small Enterprise as per MSMED Classification
Eligibility requirement for application approval.
Valid Udyam Registration
Eligibility requirement for application approval.
New or Existing Business
Eligibility requirement for application approval.
Manufacturing, Service, Retail or Trade Enterprise
Eligibility requirement for application approval.
Loan Sanctioned by a CGTMSE Member Lending Institution (MLI)
Eligibility requirement for application approval.
Compliant with CGTMSE Scheme Guidelines and Exclusions
Eligibility requirement for application approval.
Not Sure About Your Eligibility?
Our experts will review your profile and suggest the best government schemes based on your business stage and industry.
📞 Free Eligibility AssessmentApplication Process
We handle everything from eligibility assessment to final approval.
Business & Loan Requirement Assessment
Evaluate your funding requirement, loan amount, and CGTMSE eligibility as per Udyam classification.
Prepare Documents
Collect business registration, financial statements, GST, ITR, and KYC documents.
Apply for Loan with a CGTMSE Member Bank
Submit your loan application with a CGTMSE Member Lending Institution (MLI) — bank or NBFC.
Bank Credit Evaluation
The lender assesses your creditworthiness, project viability, and repayment capacity as per standard credit appraisal norms.
Loan Sanction with CGTMSE Guarantee Cover
Upon approval, the lender applies for and secures CGTMSE guarantee cover on the sanctioned collateral-free loan.
Required Documents
Udyam Registration Certificate
Certificate of Incorporation / Partnership Deed
Company PAN Card
Founders' PAN & Aadhaar
Business Plan / Project Report
Bank Statements
Financial Statements
GST Registration (If Applicable)
Income Tax Returns
Quotation for Machinery (If Applicable)
Address Proof
KYC Documents
Why Choose LegalNova?
Expert Guidance
High Approval Rate
Fast Processing
End-to-End Support
Quick Benefits
- Collateral-Free Loan Up to ₹10 Crore
- 75–85% Government Guarantee Cover
- PAN India MSME Finance
Ready to Apply?
Get professional assistance from Legal Nova and maximize your chances of approval.