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>> Credit Guarantee Scheme for Subordinate Debt (CGSSD) >> One time Cap of ₹ 200 Lakh removed and Guarantee coverage now on Outstanding Exposure per borrower subject to max of ₹ 200 lakh >> Guarantee coverage enhanced from 50% to 75% for guarantees above ₹ 5 Lakh   >> Annual Fees charged on Outstanding amount instead of sanctioned amount for cases sanctioned on or after April 01, 2018   >> Hybrid / Partial collateral Product included   >> Retail Trade is recognized as an eligible activity for availing credit Guarantee
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I report, with pleasure and pride that FY 2019 has been a momentous year in the history of CGTMSE in terms of operational performance and outreach to the MSE sector. The coverage under the CGS has crossed yet another milestone in FY 2019 by approving guarantees for an aggregate loan amount of ₹30,168 crore recording a growth of 58% compared with the previous fiscal. This is the highest ever guarantee approvals recorded since inception. The number of guarantees approved during FY 2019 increased to ₹4.36 lakh from ₹2.63 lakh in FY 2018 recording an increase of 66%.….. 

 
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img One time Cap of ₹ 200 Lakh removed and Guarantee coverage now on Outstanding Exposure per borrower subject to max of ₹ 200 lakh
img 18 NBFCs have started availing guarantee coverage under CGTMSE:
img E-Annual Report FY2019
 
 
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img A. Member Lending Institutions-Eligibility, responsibility etc..
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img B. Eligible Borrowers.
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img C. Credit facilities.
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img D. Primary Security vis-a-vis Collateral security/personal vis-à-vis third party guarantee.
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Our Toll Free No. is: 1800222659      Important Note: CGTMSE does not provide any financial assistance. It only gives guarantees for the collateral/ third party guarantee free assistance provided by its Member Lending Institutions viz. Banks/ RRBs/ select financial institutions.     "Warning: www.cgtmse-govt.in/ www.cgtmse-gov.in/ www.pmay-gov.in is not our website. Our primary web-site is www.cgtmse.in. The same can also be accessed using www.cgtsi.org.in, www.cgtmse.com, www.cgtmse.co.in and www.cgtmse.org.in. CGTMSE only deals with its MLIs i.e. Banks / Financial Institutions directly. CGTMSE does not grant loan / credit facilities / subsidies nor does it have any Agents / Agencies for arranging loans / credit facilities / subsidies through its MLIs. Anybody dealing with web-sites having deceptively similar web-site addresses shall do so at their own risk and responsibility. Please note that our address has changed. Our new address is: CGTMSE, 1002 & 1003, Naman Centre, 10th Floor, Plot No. C-31, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051.”

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