Guarantee Scheme of Credit Guarantee fund for Micro Units (CGFMU)

Eligibility :

New or existing micro unit / enterprise as defined in the MSMED Act, 2006, who meets eligibility criteria and whose credit requirement does not exceed the specified limit. Specified limit of the loan shall be Rs.10 lakh or such other amount as may be decided by the Fund from time to time. Further, Overdraft loan amount of Rs.5,000/- sanctioned under PMJDY accounts shall also be eligible to be covered under Credit guarantee Fund.


For further details regarding the scheme please visit www.ncgtc.in