Guarantee Scheme of the Credit Guarantee Fund Trust

Eligibility for CGTMSE Coverage:

  • Credit Facilities sanctioned to Micro & Small units defined as per MSMED act 2006, on the basis of investment in Plant & Machineries/Equipment.
  • Units under both the sectors viz. manufacturing and Services including Retail Trade can be covered under CGTMSE.
  • Units should be engaged in the activity as approved by CGTMSE for coverage.
  • Maximum Quantum of loan to a single borrower eligible for coverage should not exceed Rs. 200 Lakhs.
  • For loans above Rs 10 Lakhs, Partial Collateral security may be obtained.
  • Term Loan as well as Working Capital (both fund based and non-fund based) can be covered. Composite Loan can also be covered under the scheme.
  • Credit Facility extended to Borrowers engaged in Retail Trade activity is being covered under CGTMSE scheme with effect from 28.02.2018. Exposure Limit for Credit facility of Retail trade segment will be from Rs 10 Lakh to Rs 100 Lakh per MSE Borrowers.

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