Search results
Over the past 22 years, CGTMSE has been instrumental in providing guarantee cover to collateral and/or third party guarantee free credit facilities extended by eligible Member Lending Institution [MLIs] to MSEs. CGTMSE has created a new landmark by touching the milestone figure of approving guarantees worth `1 lakh crore during FY 2022 - 23.
CGTMSE offers collateral-free credit guarantees to banks and NBFCs for loans to Micro and Small Enterprises in India.
Keeping this objective in view, Ministry of Micro, Small & Medium Enterprises (MSME), Government of India launched Credit Guarantee Scheme (CGS) so as to strengthen credit delivery system and facilitate flow of credit to the MSE sector.
Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Collateral-free loan with guarantee coverage for micro and small businesses. CGTMSE is a Government of India scheme launched in the year 2000 in collaboration with the Small Industries Development Bank of India (SIDBI).
CGS-I SCHEME (CGTMSE) : Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS-I Scheme) came into force from August 1, 2000 covering eligible credit facilities extended by the Member Lending Institutions (MLIs) to eligible borrowers effective from June 1, 2000.
May 27, 2024 · 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.
Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS-I) Other Schemes such as. IME,Meghalaya,Assam,West Bengal, GOA, ORRISA state, and Co-Lending schemes are migrated to new system. https://gmslive.cgtmse.in/.
