CGTMSE
CGTMSE Loans with Vserve Fincare
Empowering India's MSMEs & Enabling Credit Without Collateral.
At Vserve Fincare, we believe in the power of entrepreneurship—especially when backed by accessible financing. That’s why we facilitate collateral-free business loans under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme.
Jointly established by the Ministry of MSME and SIDBI, CGTMSE enables new and existing Micro & Small Enterprises (MSEs) to avail institutional credit without the need for collateral or third-party guarantees.
What is CGTMSE?
CGTMSE stands for Credit Guarantee Fund Trust for Micro and Small Enterprises—a Government of India initiative to democratise credit access for unserved and underserved entrepreneurs.
Through the Credit Guarantee Scheme (CGS), lenders can offer collateral-free loans to eligible borrowers with the assurance that a large portion of the loan is guaranteed by CGTMSE.
✅ Maximum Credit Facility: Up to ₹5 crore
✅ Guarantee Coverage: Up to 85% of the loan amount
✅ Valid for: Both fund-based and non-fund-based credit
Why Choose CGTMSE through Vserve Fincare?
- No Collateral Required: Focus on growth, not on pledging assets.
- High Guarantee Coverage: Upto 85% for women, SC/ST, and ZED-certified units.
- Reduced Guarantee Fees: As low as 0.37% annually, depending on category.
- Quick Turnaround: Dedicated support in documentation and disbursement.
- Inclusive Financing: Applicable to both manufacturing and service enterprises.
Who Is Eligible?
1. Eligible Borrowers:
New and existing Micro and Small Enterprises (MSEs)
Enterprises in manufacturing and services sectors
Women-owned businesses, SC/ST entrepreneurs, and units in Aspirational Districts
2. Not Eligible:
Educational institutions
Training centres
Agriculture and allied activities
Self-Help Groups (SHGs)
3. Eligible Lending Institutions (MLIs):
Scheduled Commercial Banks
Regional Rural Banks (RRBs)
Small Finance Banks (SFBs)
NBFCs and Micro Finance Institutions
SIDBI, NSIC, NEDFi
Documents Required
- Duly filled loan application with passport-sized photos
- Business Registration/Incorporation Certificate
- Detailed Business Plan or Project Report
- CGTMSE Coverage Letter (facilitated by Vserve Fincare)
- Sanction Letter from Lending Institution
- KYC documents and PAN (mandatory)
Frequently Asked Questions
Q. What is the lock-in period under CGTMSE?
The lock-in period is 18 months from the date of guarantee cover issuance. Claims cannot be filed before this period ends.
Q. Are term loans and working capital loans both eligible?
Q. Can I apply through multiple lending institutions?
Q. Is CGTMSE coverage available for transport businesses?
Q. Is PAN card mandatory for borrowers?
Q. Can I pay the guarantee fee after filing a claim?
Q. Can Mudra loans be covered under CGTMSE?
Q. Is joint financing with another bank allowed?
Ready to Grow with Confidence?
Let’s unlock your business potential - No collateral? No worries!
Get collateral-free loans backed by government trust and
supported by Vserve Fincare’s financial expertise.
