Debt & Credit·All India·Recently expanded

CGTMSE — Credit Guarantee Trust

Collateral-free loan guarantee up to ₹10 Cr. AGF as low as 0.37% p.a. Cover 75-85% of bank's loss. Retail and services now eligible.

Quick facts

Ministry / Agency: MSME / DFS
Funding: Up to ₹10 Cr
Stage: mvp, early-revenue, growth
Sector: Any sector
Equity dilution: none
DPIIT recognition required: No
NRI / OCI eligibility: Yes — NRI and OCI founders are eligible to apply.

Who is eligible

Udyam-registered Micro/Small enterprise borrowing from member lender

How to apply

CGTMSE is administered by MSME / DFS. Applications are submitted through the official portal — there are no application fees and you do not need to go through third-party intermediaries.

Apply on the official portal

Opens cgtmse.in in a new tab. StartupIndi is not affiliated with this scheme or its administering body.

Other schemes that often pair with CGTMSE or apply to a similar profile.

MUDRA — Pradhan Mantri MUDRA Yojana

Collateral-free working-capital ladder. 4 tiers from Shishu (≤₹50K) to Tarun Plus (₹10-20L). 8-12% p.a., 0.25% concession for women. ~67% of loans go to women.

Funding: Up to ₹20 LStage: ideation, prototype

Credit Guarantee Scheme for Startups

Credit guarantee on loans up to ₹20 Cr (doubled from ₹10 Cr in May 2025). Cover 85% up to ₹10 Cr, 75% above. AGF reduced to 1% p.a. for 27 Champion Sectors.

Funding: Up to ₹20 CrStage: early-revenue, growth

Ubharte Sitaare — Export Champions

Up to ₹25 Cr equity + debt mix from EXIM Bank and SIDBI for export-ready startups.

Funding: Up to ₹25 CrStage: growth

SIDBI SMILE / STAR / TIFAC SRIJAN

SIDBI's direct lending suite: SMILE (₹25 L-2 Cr for manufacturing), STAR, TIFAC SRIJAN, plus venture debt via subsidiaries.

Funding: ₹25 L – ₹2 CrStage: mvp, early-revenue

Frequently asked questions

Who is eligible for CGTMSE?+

Udyam-registered Micro/Small enterprise borrowing from member lender

What is the funding amount under CGTMSE?+

Up to ₹10 Cr. Up to ₹10 Cr

Can NRI or OCI founders apply for CGTMSE?+

Yes — NRI and OCI founders are eligible to apply.

Does CGTMSE require DPIIT recognition?+

No — DPIIT recognition is not required for CGTMSE.

How do I apply for CGTMSE?+

Apply through the official portal at cgtmse.in. The scheme is administered by MSME / DFS.

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