CGS-I Scheme
The Scheme shall be known as the Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS-I) [earlier known as Credit Guarantee Fund Scheme for Small Industries (CGFSI)]. The Board of Trustees of Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) had framed a Scheme for the purpose of providing guarantees in respect of credit facilities extended by Lending Institutions to the borrowers in Micro and Small Enterprises (MSEs) category.
The Scheme had come into force from August 1, 2000, and had covered eligible credit facilities extended by the lending institutions to eligible borrowers effective from June 1, 2000.
Key Features
- Collateral-free credit guarantee for MSEs
- Coverage up to INR 10 Cr per borrower
- 75–90% guarantee based on category
- For both new & existing MSEs with Udyam Registration
- Benefits for women, Agniveers, SC/ST, PwD & more
For more details: www.cgtmse.in
Trust & Beyond
