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CGTMSE Loan

This is a Collateral free facility specially designed under the Credit Guarantee Fund Trust for Micro and Small Enterprises (MSE). (CGTMSE) scheme of SIDBI and Ministry of Small and Medium Enterprises as defined under MSMED Act, 2006. Under this scheme bank offer.

  • Get Collateral free loans up to Rs.1 cr. under CGTMSE scheme.
  • Cash credit for meeting working capital finance requirement.
  • Term Loan for purchase of commercial assets and business expansion needs

Sole Proprietorship Firms, Partnership Firms, Private limited Companies, Public limited Companies are eligible for this loan. And no Guarantor require.

What is MSME :
In accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified in two Classes:

  • Manufacturing Enterprises -
    The enterprises engaged in the manufacture or production of goods pertaining to any industry specified in the first schedule to the industries (Development and regulation) Act, 1951). The Manufacturing Enterprises are defined in terms of investment in Plant & Machinery.
  • Service Enterprises -
    The enterprises engaged in providing or rendering of services and are defined in terms of investment in equipment.
Manufacturing Sector
Enterprises Investment in plant & machinery
Micro Upto Rs 25 lacs
Small Above Rs 25 lacs upto Rs 5 Crores
Medium Above Rs 5 Crores Upto Rs 10 Crores

 

Service Sector
Enterprises Investment in plant & machinery
Micro Upto Rs.10 lacs
Small Above Rs.10 lacs upto Rs.2 Crores
Medium Above Rs.2 Crores upto Rs.5 Crores

Enquiry

 

Navi Mumbai : Shop no 8, Priyanka Darshan,
plot no 35, sector 10,
Sanpada, Navi Mumbai – 400 705.
+91 9967252743
jayesh@mahavirfinserve.com

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