₹5 Crore of credit. Zero collateral.
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) backs your loan with a government guarantee — so lenders fund your enterprise without asking for assets or third-party guarantees. Meena doubled her store's revenue with one.
- Max loan
- ₹5 Crore
- Collateral
- None
- Rate
- 10%–18%
- Approval
- 5–7 days
CGTMSE at a glance versus a standard business loan.
| CGTMSE loan | Unsecured business loan | |
|---|---|---|
| Max amount | ₹5 Crore | ₹40 Lakhs |
| Collateral | None — government guarantee | None |
| Rate | 10%–18% | 14%–30% |
| Approval time | 5–7 days | 24–48 hours |
| Best for | Larger MSME expansion | Quick working capital |
Why this loan
Built to fund this dream properly.
Government guarantee
The CGTMSE trust covers the lender's risk, so your assets stay yours.
Up to ₹5 Crore
Far beyond unsecured limits — enough for real expansion, machinery or premises.
Lower rates
The guarantee reduces lender risk, which shows up in your interest rate: 10%–18%.
No third-party guarantor
The scheme replaces both collateral and personal guarantors.
For micro & small enterprises
Manufacturing and service MSMEs, including first-generation entrepreneurs.
ONDC comparison
Compare CGTMSE offers from multiple member lending institutions in one place.
Are you eligible? Most people are.
- ✓Micro or small enterprise as per MSME definition
- ✓Manufacturing or service activity (retail trade has limited coverage)
- ✓New or existing enterprise — first-generation entrepreneurs welcome
- ✓Udyam registration recommended
- ✓Viable business plan and projected financials for new units
- ✓Personal CIBIL 650+ helps, though the guarantee eases score requirements
Documents you'll upload once.
- ✓PAN — business and personal
- ✓Aadhaar card
- ✓Udyam / MSME registration certificate
- ✓Business plan with projections (for new units)
- ✓ITR and financial statements — last 2 years (existing units)
- ✓Bank statements — last 12 months
- ✓Business address and registration proof
The honest math
Know your cgtmse loan EMI before you commit.
FAQ
CGTMSE Loan questions, answered.
What exactly is CGTMSE?
A trust set up by the Government of India and SIDBI that guarantees loans to micro and small enterprises, letting lenders fund them without collateral.
How large can a CGTMSE loan be?
Up to ₹5 Crore of collateral-free credit for eligible enterprises.
Do I really pledge nothing?
Correct — no collateral and no third-party guarantee. The government guarantee covers the lender.
How long does approval take?
Typically 5–7 days, since the guarantee application runs alongside lender approval.
Is there a guarantee fee?
Yes, an annual guarantee fee applies on the sanctioned amount, varying by loan size and category — your lender discloses it upfront.
Can a brand-new business apply?
Yes. New units apply with a viable business plan and projections; existing units use their financials.
Ready to fund this dream?
Apply once — 10+ RBI-registered lenders compete for your cgtmse loan through ONDC.