Discover the CGTMSE Scheme
The CGTMSE scheme is an initiative aimed at helping small and medium enterprises (SMEs) access loans without the need for collateral. This program provides a safety net for lenders, encouraging them to support emerging businesses. By eliminating collateral requirements, CGTMSE opens doors for many startups and entrepreneurs seeking financial assistance to grow and thrive. The scheme aims to foster innovation and job creation while promoting inclusive growth in the economy.
Key Benefits of CGTMSE
There are several benefits to the CGTMSE scheme. First, it allows businesses to secure funding without traditional collateral, making financial support accessible to a wider range of entrepreneurs. Second, the scheme boosts lender confidence, as they are backed by the government’s assurance. Furthermore, it encourages the growth of startups, fostering innovation and competitiveness in the market. Overall, CGTMSE plays a crucial role in empowering businesses to realize their potential and contribute positively to the economy.
CGTMSE Annual Guarantee Fee Calculator
*Disclaimer: This is an indicative calculation based on the standard CGTMSE fee structure effective from April 1, 2025. The actual fee may vary based on specific loan conditions, concessions, or lender policies. GST rate is currently 18%.