Home/Services/CGTMSE Funding

CGTMSE

CGTMSE Funding

Government-backed funding, no collateral.

Loan amount: Up to ₹5 Cr*
Interest rate: From 9%* p.a.
Security: Government guarantee cover

Apply for CGTMSE or message on WhatsApp

At A Glance

Purpose: Business Expansion / Working Capital*
Tenure: Up to 10 Years*
Target Segment: Eligible Micro & Small Enterprises*
Eligible Applicants: Self-Employed Non-Professionals / Eligible Registered MSE Entities*
Registration: Udyam Registration / applicable MSME registration required*

See what you will need

The Short Version

What CGTMSE Funding actually does for you.

These are loans covered by the CGTMSE guarantee scheme. The scheme helps young MSMEs borrow without giving property as security or arranging a guarantor. The amount you can borrow depends on the lender and the scheme rules.

What's included

Structured as a term loan, a working capital limit, or a blend of both
No collateral and no third-party guarantor required
Guarantee fee (typically under 1.5% p.a. of the sanctioned amount) explained upfront
Open to manufacturing, trading and service enterprises

Do you qualify?

Udyam-registered as a micro or small enterprise
At least 1 year of operating history
A workable business/project plan and a clean credit history
A business in India in manufacturing or services; some activities, such as retail trade, may not be covered
Proprietorship, partnership, LLP or company

Which One Are You

Proprietor / ProfessionalYou run a business in your own name, or practise a profession such as medicine, law, accountancy or architecture. There is no separate company, so the lender looks at you and the business together: your ITRs, your financial statements and your business bank account. Clear books and returns filed on time help a lot.

Partnership / LLPThe business is a partnership firm or an LLP. The lender checks the firm's registration, its financials and its bank statements, and also the standing of each partner, so every partner's KYC and tax returns are usually needed. A signed partnership deed that allows borrowing keeps things smooth.

CompanyThe business is a private or public limited company. The lender checks the incorporation papers, the directors and the shareholding, the company's audited financials and its bank statements. A board resolution authorising the loan is usually needed, and directors may be asked to stand as guarantors.

Documents Required (Checklist)

For Self-Employed

Proprietor's KYC: PAN, Aadhaar and address proof
Business proof: GST registration, Udyam, shop licence or equivalent
Last 3 years' ITR with computation of income
Last 3 years' financial statements (P&L and balance sheet), audited where applicable
Last 12 months' current and savings account statements
GST returns for the last 12 months, where registered
Details of existing loans, with EMIs and statements

For Every Applicant

KYC (PAN, Aadhaar, address proof)
Udyam registration and project report

This is the usual list for each type of applicant. Get the exact checklist for cgtmse funding, sent as a PDF you can save or print.

Fees and other charges

Besides interest, a lender may charge a few fees. It helps to know them before you apply, so there are no surprises.

Guarantee fee

A fee for the credit guarantee cover, charged every year on the guaranteed amount. It usually falls between about 0.37% and 2% a year, depending on the loan size, the borrower category and the risk rating. Use our CGTMSE fee calculator for an estimate.

Processing fee

The lender may charge its normal processing fee plus GST on the loan.

Foreclosure and part-prepayment

Closing early may carry a charge depending on the lender. Ask before you prepay.

Our service fee

For this facility we charge a service fee for taking your file from lender shortlist to disbursal. It covers comparing lenders for you, preparing and checking your documents, answering the lender's queries and following up until the money reaches you. We tell you the amount in writing before you go ahead, so you know exactly what you are paying and nothing comes as a surprise.

These are general guides and every lender sets its own fees. Your expert will share the exact charges in writing before you sign.

Why Growth Capital Services

One conversation, many lenders to compare.

We are a loan consultant, not the lender. We help you compare options from 75+ Banks and NBFCs, prepare your documents, and follow your application through each step.

Check Your Eligibility Talk to Our Loan Expert

Important note: Interest rate, loan amount, tenure, charges, eligibility, approval and disbursement depend on the policy of the respective Bank or NBFC, your profile, credit assessment and the applicable terms. Growth Capital Services is a loan consultant and does not lend money itself. The details on this page are for general information.

Run the numbers

Calculators for your CGTMSE Funding

Try your own figures before you apply — nothing is saved or sent.

CGTMSE Guarantee Fee

Estimate your annual guarantee fee

For collateral-free business loans covered under CGTMSE — the Credit Guarantee Fund Trust for Micro and Small Enterprises.

Loan Amount

₹50.00 L

₹1 L₹2 Cr

Guarantee Cover

50%85%

Annual Guarantee Fee Rate

0.37%2%

Annual Guarantee Fee

₹37,500

Guaranteed Amount

₹37.50 L

Actual fee slab depends on loan size, borrower category and risk rating. Confirm the exact rate with your expert before applying.

Talk to an Expert

Step-by-step guide

CGTMSE Funding process, step by step.

CGTMSE cover lets eligible businesses borrow without giving collateral. Here is how it works.

Check eligibility

We see whether your business and the loan purpose qualify for the guarantee cover.

Choose a participating lender

We approach banks and lenders who offer loans under the CGTMSE scheme.

Prepare the application

You provide business documents, financials and a short note on how the money will be used.

Lender review and guarantee

The lender reviews the file and places the guarantee cover for your loan.

Sanction and disbursal

The loan is sanctioned without collateral, and the funds reach your account.

With GCS, your expert looks at your profile, matches it with suitable lenders, and coordinates with the banks for you. That means less confusion and more confidence when you apply.

Worth Comparing