Overview
Disclaimer : We provide consultancy services. Approval is subject to the Terms and Conditions as per the applicable Scheme/Programme.
Key points
- Higher Coverage Limit: Raised from ₹200 lakh to ₹500 lakh.
- Reduced Guarantee Fees: Lower borrowing costs for MSEs.
- Expanded Eligibility: Micro Finance Institutions now included as MLIs.
- Special Concessions: Increased coverage and reduced fees for SC/STs.
- Lower Guarantee Fee: Revised structure with fees as low as 0.37%.
- Scheduled Commercial Banks (SCBs)
- Regional Rural Banks (RRBs)
- Small Finance Banks (SFBs)
Benefits of the CGTMSE Scheme
- Higher Coverage Limit: Raised from ₹200 lakh to ₹500 lakh.
- Reduced Guarantee Fees: Lower borrowing costs for MSEs.
- Expanded Eligibility: Micro Finance Institutions now included as MLIs.
- Special Concessions: Increased coverage and reduced fees for SC/STs.
- Enhanced Support for Women & Others: 85% coverage and 10% fee reduction for women, ZED certified units, and units in aspirational districts.
- Lower Guarantee Fee: Revised structure with fees as low as 0.37%.
Lending Institutions under the CGTMSE Scheme
- Scheduled Commercial Banks (SCBs)
- Regional Rural Banks (RRBs)
- Small Finance Banks (SFBs)
- Non-Banking Financial Companies (NBFCs)
- Small Industries Development Bank of India (SIDBI)
- National Small Industries Corporation (NSIC)
- North Eastern Development Finance Corporation Ltd. (NEDFi)
CGTMSE Scheme Eligibility Criteria
- Age and citizenship: Indian citizens aged 18 years and above.
- Enterprise Type: Applicable to both new and existing micro and small enterprises.
- Sectors in focus: Includes trading, manufacturing, and service activities under the MSMED Act, 2006.
- Credit Facilities: Must be availed from a single enlisted lending institution specified by the CGTMSE.
- Additional Support: Enterprises supported by State level Institutions, NSIC, or NEDFi are eligible.
How StartupSavera handles it
Handled by us
Scoping, document checklist, application drafting, filing and status updates.
End to end
One accountable point of contact, from the first call to the final certificate.
Owned by you
Every login, registration and account is created in your name.
FAQs
How do I get started with CGTMSE (Working Capital) Loan?
Share your details through the form or WhatsApp. We'll send a document checklist and a clear scope and quote after a quick call, no guesswork.
Will I own all the accounts and registrations?
Yes. Every login, registration and account is created in your name and handed to you, with a clear scope and no surprises.
Who handles the cgtmse (working capital) loan process?
We do, StartupSavera handles cgtmse (working capital) loan end to end, from documents to filing, and keeps you to one accountable point of contact the whole way.