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CGTMSE

cgtmse scheme
Articles

CGTMSE Scheme Explained in detail [updated]

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 enterprises to avail loans from banks Read more…

By BankersClub, 4 yearsJuly 7, 2019 ago
cgtmse scheme
Articles

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 (Trust) has now issued circular on 9th January 2017 Read more…

By BankersClub, 6 yearsJanuary 10, 2017 ago
CGTMSE Scheme
Articles

Micro Units – where to cover? CGTMSE or CGFMU

Guarantee cover for manufacturing and service Mudra Units is available under CGFMU as well as CGTMSE eligible. So, from where to obtain guarantee cover for such Mudra Units? CGTMSE of CGFMU? Credit Guarantee Trust for Micro & Small Enterprises (CGTMSE) has issued circular (117/2016-17) regarding modifications due to introduction of Read more…

By BankersClub, 6 yearsNovember 19, 2016 ago
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