Introduction
Credit Guarantee Trust Fund for Micro & Small Enterprises or CGT SME is a managing a corpus fund. This fund is contributed by Government of India and Small Industries Development Bank of India (SIDBI). To operated this fund Government of India and SIDBI jointly created a trust and named as Credit Guarantee Trust Fund for Micro & Small Enterprises.
Main objective of corpus fund is to provide guarantee to bank on loan given to small and micro industries in India. CGT SME provide guarantee to bank for 75% of the loan amount.
Benefit of Scheme
- Collateral free loan up to a limit of ₹ 100 lakh is available for individual MSE on payment of guarantee fee to bank by the MSE.
Eligibility for Scheme
- All enterprise enterprises i.e, existing or new are eligible for this scheme
How to get benefit of Scheme
You can contact our MSME consultant. For more detail about this project write a email to info@www.eadvisors.in or through whatsapp +91 9910000833.
To avail above scheme you should registered your organisation for UDYOG AADHAAR or MSME Registration
