Credit Guarantee Fund Trust for Micro and Small Enterprises

Availability of bank credit without the hassles of collaterals / third party guarantees would be a major source of support to the first generation entrepreneurs to realise their dream of setting up a unit of their own Micro and Small Enterprise (MSE). 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. To operationalise the scheme, Government of India and SIDBI set up the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).

Any collateral / third party guarantee free credit facility (both fund as well as non fund based) extended by eligible institutions, to new as well as existing Micro and Small Enterprise, including Service Enterprises, with a maximum credit cap of Rs.100 lakh (Rupees Hundred lakh only) are eligible to be covered.

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2 thoughts on “Credit Guarantee Fund Trust for Micro and Small Enterprises”

  1. Please inform us the terms & conditions applicable, alongwith the rate of interest? Further, what is the procedure involved?
    Thank you,
    Vera Saiwala & Sayras Anklesaria

  2. Hi, I’m Kim, Dohyun. Now, I’m working as a Korea’s financial policy promoter of FinPol, the official English blog the FSC (Financial Services Commission, South Korea). As I read your article, it is very interesting on that issue. I’m also supposed to deal with the similar issues including anti-money laundering/ counter-terrorist financing throughout the official blog, FinPol in upcoming days.

    In this respect, I want to share some ideas each other. If you have a time, I hope you will visit FinPol, (

    Well, thanks for your time and best regards. ^____^

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