Credit Guarantee Fund Trust for MSEs (CGTMSE)
CGTMSE, set up by the Ministry of MSME and SIDBI, guarantees loans that banks and NBFCs give to micro and small enterprises. Because the loan is guaranteed, the lender does not need collateral or a third-party guarantee from the borrower.
Visit official websiteWho can apply
- New and existing micro and small enterprises in manufacturing, services and retail trade
- Loans from member lending institutions — most banks and many NBFCs
Key features
- Collateral-free term loans and working capital
- No third-party guarantee needed
- Guarantee cover for a large share of the loan amount
- An annual guarantee fee, usually paid through the lender
How to apply
- You do not apply to CGTMSE directly. Ask your bank or NBFC for a collateral-free loan under CGTMSE cover
- The lender applies for the guarantee once your loan is approved
Need money sooner?
Check your pre-approved Bachatt Insta Loan offer — up to ₹5 lakh from RBI-regulated partner banks and NBFCs, with no paperwork.
Frequently asked questions
What is the maximum loan covered by CGTMSE?+
The limit is set by CGTMSE and has been raised over time. Check the current ceiling on the CGTMSE website or with your lender.
More government loan schemes
See all government loan schemesThis page is for information only. Bachatt is not affiliated with this scheme; the scheme name belongs to the Government of India and its agencies. Limits, rates and eligibility change from time to time — always check the official website before you apply.