CGTMSE Cover Limit increased to Rs.2 Crores

CGTMSE Cover Limit increased to Rs.2 Crores

On 31st December 2016, Prime Minister announced that coverage under Credit Guarantee Scheme will be increased to Rs.2 crores. Till now, the coverage under CGTMSE is Rs.1 crores under which Micro, Small and Medium Enterprises can get collateral free loans. CGTMSE...
CGTMSE Scheme Explained in simple terms

CGTMSE Scheme Explained in simple terms

CGTMSE Scheme known as Credit Guarantee Fund for Micro and Small Enterprises is a guarantee fund set by Government of India to guarantee the loans provided by banks to small enterprises and medium enterprises. The objective of the fund is to enable small and medium...

Subscribe ToLatest Banking Updates

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!