About
CGTMSE scheme is a significant initiative designed to
support first-generation entrepreneurs in India, encouraging them to pursue
self-employment opportunities. By offering credit guarantee support for
collateral-free and third-party guarantee-free loans, it seeks to remove one of
the major hurdles for Micro and Small Enterprises (MSEs)—the absence of
collateral.
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The scheme is open to both existing and aspiring entrepreneurs, ensuring that both new and growing businesses can benefit from this support.
Assesment by Member Lending Institution (MLI) as viable and profitable, with a good track record. Borrower must not be defaulter.
Identify eligible financial institutions registered under CGTMSE
Required Documents-• Identity proof i.e. Aadhaar Card, Voter ID Card, etc. • Proof of age • Caste certificate, if applicable • Disability certificate, if applicable • Any other document, if required.
Submit the loan application with the required documents
