CGTMSE Loan
Access collateral-free loans up to 10 crores through the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). This government-backed scheme provides credit guarantee coverage, making it easier for MSMEs to secure funding without traditional collateral.
Key Benefits
Discover the advantages of choosing our cgtmse loan service
Collateral-free loans up to 10 crores
Government guarantee coverage up to 85%
Competitive interest rates
Minimal documentation requirements
Quick processing and approval
Flexible repayment options
Eligibility Criteria
- •Registered MSME under Udyam Registration
- •Business vintage of minimum 6 months
- •Annual turnover criteria as per bank norms
- •Good credit history and repayment capacity
- •Valid business plan and financial projections
Required Documents
- 📄Udyam Registration Certificate
- 📄Business PAN and GST registration
- 📄Bank statements (last 12 months)
- 📄Audited financial statements
- 📄Business plan and projections
- 📄KYC documents of promoters
Application Process
Simple steps to get your cgtmse loan approved
Initial consultation and loan requirement assessment
Document collection and verification
Application submission to participating bank
Credit assessment and guarantee approval
Loan sanction and disbursement
Ongoing support and monitoring
Frequently Asked Questions
Common questions about cgtmse loan
What is the guarantee coverage under CGTMSE?
CGTMSE provides guarantee coverage up to 85% of the loan amount for loans up to 10 crores, with higher coverage for smaller loans.
Which banks participate in CGTMSE scheme?
Most public sector banks, private banks, and NBFCs participate in the CGTMSE scheme. We help you identify the best participating lender.
What is the processing time for CGTMSE loans?
Typically 7-15 working days for complete processing, depending on document completeness and bank procedures.
Ready to Apply for CGTMSE Loan?
Get started today with our streamlined application process. Our experts are here to guide you every step of the way.