CGTMSE Calculator

What is CGTMSE?

Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) was set up by the Government of India and SIDBI in 2000. It provides credit guarantee to banks and financial institutions for collateral-free loans to new and existing Micro and Small Enterprises. The scheme helps MSMEs access credit without the burden of providing collateral or third-party guarantees.

Key Benefits of CGTMSE

• No Collateral: Loans up to Rs. 5 Crore without collateral security
• No Third-Party Guarantee: Personal guarantee of promoter not required
• Higher Coverage: 75% to 85% guarantee coverage
• Special Benefits: Women, SC/ST, NE region get higher coverage
• Quick Processing: Faster loan approval process

CGTMSE Fee Structure

• One-Time Fee (OTGF): 0.75% to 1.5% of loan amount
• Annual Fee (AGF): 0.37% to 2.0% on outstanding
• Lock-in Period: 18 months from last disbursement
• Coverage Period: Entire tenure of the loan
• Claim Settlement: Within 30 days of valid claim

Documents Required

• Udyam Registration Certificate
• PAN Card and Aadhaar of Proprietor/Partners/Directors
• Business Address Proof
• Bank Statements (Last 12 months)
• ITR of last 2-3 years
• GST Registration (if applicable)
• Project Report for new ventures

Eligible Activities

• Manufacturing: All manufacturing activities by MSEs
• Services: IT, hospitality, healthcare, logistics, etc.
• Working Capital: For day-to-day business operations
• Term Loans: For machinery, equipment, expansion
• Composite Loans: Term loan + working capital

How to Apply?

• Approach any Member Lending Institution (MLI)
• Public sector banks, private banks, RRBs, SFBs are MLIs
• Apply through Udyam Assist Portal
• Use CGTMSE Portal for tracking
• Loan sanctioned by bank, guarantee by CGTMSE