MSMEs can access loans worth up to Rs. 500 lakhs through term loans or working capital facilities. Minimal guarantee fees as low as 1.50% means this scheme offers a reliable and cost-effective solution for meeting financial requirements. The Credit Guarantee Scheme in India provides businesses with...
Lower guarantee fee: The one-time payment made by the borrower under the scheme is charged at a low rate - typically 1.50% annually based on the outstanding balance. This reduces the overall cost of borrowing. Easy repayment terms and no pre-payment penalties: Provides borrowers with greater ...
Learn how MSMEs can benefit from the CGTMSE scheme through term loans or working capital facilities with low guarantee fees.