Elevate your business without financial burdens. Our CGTMSE loans provide the funds you need for growth and expansion.
Up to 5 Cr
From 14 Pa*
Tenure upto 60 Months
As a developing nation, India boasts several micro and small-scale industries. To support these enterprises, the Government of India has introduced the CGTMSE scheme. Securing business loans under CGTMSE up to ₹5 cr has proven highly advantageous for MSMEs. It, enables them to grow, expand, and rejuvenate their operations.
The CGTMSE scheme empowers aspiring entrepreneurs, especially in manufacturing. It offers up to ₹5 crore in collateral-free, government-backed loans. A valuable boost for those seeking financial support.
CGTMSE loan help businesses cover expenses, ranging from short-term needs like working capital to long-term ones such as equipment purchases and expansion, with the added benefit of credit guarantee support for eligible enterprises.
Funding up to Rs 5 Cr with competitive rates
Government-backed Credit Facility
Credit Guarantee Cover without Collateral
Simple terms and less paperwork
Flexible Loan repayment (up to 60 Months)
(*T&C Applied)
To be eligible for a business loan under CGTMSE, you must meet certain criteria. These criteria may vary, but some of the essential requirements include:
Note: The eligibility criteria are common for applicants across India. However, there may be certain other criteria as well. Those are to meet specifically with the region or the financial institution that sanctions the loan.
The Government of India introduced the CGTMSE scheme in 2000 to support small businesses. It stands for Credit Guarantee Fund Trust for Micro and Small Enterprises.
The scheme aims at aiding Indian firms that are in their initial phases or fall under the MSME. It focuses on providing credit guarantees to financial institutions providing loans to MSMEs. Hence, an applicant owns a small/medium-scale business and gets a 5 crore loan without collateral under CGTMSE. However, there are certain eligibility criteria that the candidate needs to match.
CGTMSE loan documents vary from lender to lender. Also from case to case. However, in all scenarios, there is a standard set of documents. Those are as follows.
Terkar Capital, a reliable financial institution and your trusted CGTMSE loan consultant, offers hassle-free unsecured funding of up to Rs 5 cr under the CGTMSE scheme. We provide personalized assistance to help business decision-makers understand the scheme thoroughly and make the best choice for their needs.
Our commitment extends beyond the loan process as we value our relationship with borrowers. We strive to ensure their satisfaction with both the loan and our services.
1. Understanding Client's Requirement
A tailored funding solution based on a thorough evaluation of the client’s business goals and financial requirements.
3. Documentation
Ensuring meticulous preparation of all necessary documents to facilitate a seamless funding process.
5. Soft Approval From Financial Institutions
Securing preliminary approval from financial institutions based on the client's profile and funding needs.
7. Disbursement
Coordinating with financial institutions to ensure timely release of funds.
2. Analysing the Strengths and Opportunities
Leverage the client's financial and operational strengths to optimize their funding prospects.
4. Identifying the Right Financial Product
Recommending the most suitable financial product to align with the client’s specific goals and requirements.
6. Actual Submission of the Documents
Submitting all finalised and verified documents to the financial institution for formal processing.
8. Funding As Required
Providing funds customised to the client’s operational or expansion needs, ensuring business growth.
Check your CIBIL score for free.
1. Understanding Client's Requirement
A tailored funding solution based on a thorough evaluation of the client’s business goals and financial requirements.
2. Analysing the Strengths and Opportunities
Leverage the client's financial and operational strengths to optimize their funding prospects.
3. Documentation
Ensuring meticulous preparation of all necessary documents to facilitate a seamless funding process.
4. Identifying the Right Financial Product
Recommending the most suitable financial product to align with the client’s specific goals and requirements.
5. Soft Approval From Financial Institutions
Securing preliminary approval from financial institutions based on the client's profile and funding needs.
6. Actual Submission of the Documents
Submitting all finalised and verified documents to the financial institution for formal processing.
7. Disbursement
Coordinating with financial institutions to ensure timely release of funds.
8. Funding As Required
Providing funds customised to the client’s operational or expansion needs, ensuring business growth.
Check your CIBIL score for free.
The guarantee fee is typically 1.5% of the loan amount for the first year, and the annual service fee is 0.75% for subsequent years. However, these rates may vary.
Any new or existing micro and small enterprise engaged in manufacturing or service activities, except those listed in the negative list of CGTMSE, is eligible to apply for a loan under the scheme.
Retail trade, educational institutions, training institutions, and self-help groups are generally not covered.
No, one of the main features of the CGTMSE scheme is that it provides credit without the need for collateral or third-party guarantees.
The coverage under the CGTMSE scheme is up to 85% of the loan amount, depending on the category of the borrower and the loan amount.
Nashik | Nagpur | Chhatrapati Sambhaji Nagar | Hyderabad
Delhi | Bengaluru | Chennai | Kolkata | Ahmedabad | Surat
Growing Nationwide…
