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Bureau for Facilitating MSMEs of Tamil Nadu (FaMe TN)
(A Section 8 company under MSME Department, Government of Tamil Nadu)
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Credit Guarantee Scheme for Micro and Small Enterprises (CGTMSE)
Government of India, Ministry of MSME
Ministry of Micro, Small and Medium Enterprises (MSME Ministry)

Credit Guarantee Scheme for Micro and Small Enterprises (CGTMSE)

Your business can get security-free loans under the credit guarantee scheme.

Objective
  • To facilitate credit guarantee with collateral free loans for MSMEs.
Key Benefits
  • Credit guarantee up to ₹2 crore is provided without collateral or third-party guarantee.
  • Micro enterprises get up to 85% guarantee, limited to a maximum of ₹5 lakh.
  • Other enterprises receive a guarantee of up to 75% of the loan amount.
  • Retail MSMEs get 50% guarantee for loans between ₹10 lakh and ₹1 crore.
  • Women-owned micro or small enterprises receive up to 80% guarantee for loans under ₹50 lakh.
  • MSMEs from North East Region get a guarantee of up to 80% of the loan.
  • Default claims are settled up to 75% of default amount, limited to ₹2 crore.
Eligibility Criteria
  • All MSMEs are eligible.
How to Apply / Office To Contact
How to Apply / Office To Contact

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