Menu
CGTMSE SCHEME
hi, please explain this term( CGTMSE)
Replies (1)
CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) is a Government of India scheme that enables MSMEs to obtain business loans of up to ₹5 crore from banks without providing collateral or third-party guarantees. It acts as a safety net for lenders, encouraging them to finance small businesses by providing a guarantee for 75–85% of the loan amount in case of default.
Recent Topics :
- NRI since March 2023 – resident savings acco
- My All-Time Top 15 Indian Web Series
- Wrong date of invoice
- Paper 6 - IBS
- Chhath Puja 2026 Dates Timing Tithi
- Tax Benefit on Second Property
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
Related Topics :
CAclubindia
