SlideShare a Scribd company logo
Credit Guarantee Fund Scheme for Micro and Small Enterprises
                             (CGMSE)
Purpose

    CGMSE provides credit guarantee cover to the collateral free credit provided to Micro & Small
    Enterprises by the bank.

Eligibility

    New or existing Micro and Small Enterprises availing credit facilities up to          Rs.100.00 lac
    without any collateral security and or third party guarantee.

Security

    Assets created out of credit facility granted and associated with the business of the unit.

Tenure

    Period of term loan in case of Term Loans and 5 years in case of working capital facility.

Guarantee Fee (GF)

    1.00% of the credit facility sanction for loans up to Rs.5.00 lac and 1.5% for loan above Rs.5.00
    lac.

Annual Service Fee (ASF)

    0.50% of the credit facility sanction for loans up to Rs.5.00 lac and 0.75% for loans above Rs.5.00
    lac per year.

Extent of guarantee cover (subject to maximum ceilings)

    A. For loans up to Rs.50.00 lac
        i)      85% of the amount in default for loans up to Rs.5.00 lac granted to Micro
                Enterprises.
        ii)     80% of the amount in default for loans granted to Women Enterprises/Units located
                in North Eastern Regions (other than (i) above)

         75% of the amount in default for other category of borrower.

    B. For loans above Rs.50.00 lac

         As per ‘A’ above plus 50% of amount in default above Rs.50.00 lac.

Lock-in-period

    Lock in period of 18 months from either the date of last disbursement or date of payment of
    guarantee fee whichever is later, for invoking the claim under the scheme.

*Conditions apply

For further details, please contact your nearest SyndicateBank branches.

More Related Content

What's hot

LIC New Money Back plan table no 820 - 20 years
LIC New Money Back plan table no 820 - 20 yearsLIC New Money Back plan table no 820 - 20 years
LIC New Money Back plan table no 820 - 20 years
Satyendra Gupta - 9811362697
 
LIC's New Jeevan Anand Plan Presentation
LIC's New Jeevan Anand Plan PresentationLIC's New Jeevan Anand Plan Presentation
LIC's New Jeevan Anand Plan Presentation
LIC Agent Noida 9953708212
 
Money Back 821 (25 years)
Money Back 821 (25 years)Money Back 821 (25 years)
Money Back 821 (25 years)
Satish Kumar
 
Money Back 820 (20 years)
Money Back 820 (20 years)Money Back 820 (20 years)
Money Back 820 (20 years)
Satish Kumar
 
Single Premium Endowment Plan 817
Single Premium Endowment Plan 817Single Premium Endowment Plan 817
Single Premium Endowment Plan 817
Satish Kumar
 
Lic Jeevan Shagun Single Premium Payment Plan Table no 826 Details
Lic Jeevan Shagun Single Premium Payment Plan Table no 826 DetailsLic Jeevan Shagun Single Premium Payment Plan Table no 826 Details
Lic Jeevan Shagun Single Premium Payment Plan Table no 826 Details
Satyendra Gupta - 9811362697
 
PROGRAM HIGHLIGHTS Christine Judd
PROGRAM HIGHLIGHTS Christine JuddPROGRAM HIGHLIGHTS Christine Judd
PROGRAM HIGHLIGHTS Christine Judd
Christine Judd
 
Lic New Jeevan Anand Plan Table No 815
Lic New Jeevan Anand Plan Table No 815Lic New Jeevan Anand Plan Table No 815
Lic New Jeevan Anand Plan Table No 815
Satyendra Gupta - 9811362697
 
Daily equity report 4 jun 2015
Daily equity report 4 jun 2015Daily equity report 4 jun 2015
Daily equity report 4 jun 2015
Money Maker Research Pvt Ltd
 
Money back plan 8202 - LIC - Datacomp Web Technologies
Money back plan 8202 - LIC - Datacomp Web TechnologiesMoney back plan 8202 - LIC - Datacomp Web Technologies
Money back plan 8202 - LIC - Datacomp Web Technologies
Datacomp Web Technologies India Pvt Ltd
 
Review on LIC Jeevan Akshay VI
Review on LIC Jeevan Akshay VIReview on LIC Jeevan Akshay VI
Review on LIC Jeevan Akshay VI
Mayank Jindal
 
LIC - Jeevan Shagun
LIC - Jeevan ShagunLIC - Jeevan Shagun
LIC - Jeevan Shagun
LIC of India
 
New Jeevan Anand 815
New Jeevan Anand 815New Jeevan Anand 815
New Jeevan Anand 815
Satish Kumar
 
LIC - Jeevan Akshay VI
LIC - Jeevan Akshay VILIC - Jeevan Akshay VI
LIC - Jeevan Akshay VI
LIC of India
 
Plan 827 presentation
Plan 827 presentationPlan 827 presentation
Plan 827 presentation
Parmeshwar Kumar
 
LIC - Jeevan Rakshak
LIC - Jeevan RakshakLIC - Jeevan Rakshak
LIC - Jeevan Rakshak
LIC of India
 
Economic report
Economic reportEconomic report
Economic report
stockquint
 
Lic jeevan rekha 152
Lic jeevan rekha 152Lic jeevan rekha 152
Lic jeevan rekha 152
Satyendra Gupta - 9811362697
 
Table no. 165 jeevan saral
Table no. 165 jeevan saralTable no. 165 jeevan saral
Table no. 165 jeevan saral
Neeraj Saini
 
New Endowment Plan 814
New Endowment Plan 814New Endowment Plan 814
New Endowment Plan 814
Satish Kumar
 

What's hot (20)

LIC New Money Back plan table no 820 - 20 years
LIC New Money Back plan table no 820 - 20 yearsLIC New Money Back plan table no 820 - 20 years
LIC New Money Back plan table no 820 - 20 years
 
LIC's New Jeevan Anand Plan Presentation
LIC's New Jeevan Anand Plan PresentationLIC's New Jeevan Anand Plan Presentation
LIC's New Jeevan Anand Plan Presentation
 
Money Back 821 (25 years)
Money Back 821 (25 years)Money Back 821 (25 years)
Money Back 821 (25 years)
 
Money Back 820 (20 years)
Money Back 820 (20 years)Money Back 820 (20 years)
Money Back 820 (20 years)
 
Single Premium Endowment Plan 817
Single Premium Endowment Plan 817Single Premium Endowment Plan 817
Single Premium Endowment Plan 817
 
Lic Jeevan Shagun Single Premium Payment Plan Table no 826 Details
Lic Jeevan Shagun Single Premium Payment Plan Table no 826 DetailsLic Jeevan Shagun Single Premium Payment Plan Table no 826 Details
Lic Jeevan Shagun Single Premium Payment Plan Table no 826 Details
 
PROGRAM HIGHLIGHTS Christine Judd
PROGRAM HIGHLIGHTS Christine JuddPROGRAM HIGHLIGHTS Christine Judd
PROGRAM HIGHLIGHTS Christine Judd
 
Lic New Jeevan Anand Plan Table No 815
Lic New Jeevan Anand Plan Table No 815Lic New Jeevan Anand Plan Table No 815
Lic New Jeevan Anand Plan Table No 815
 
Daily equity report 4 jun 2015
Daily equity report 4 jun 2015Daily equity report 4 jun 2015
Daily equity report 4 jun 2015
 
Money back plan 8202 - LIC - Datacomp Web Technologies
Money back plan 8202 - LIC - Datacomp Web TechnologiesMoney back plan 8202 - LIC - Datacomp Web Technologies
Money back plan 8202 - LIC - Datacomp Web Technologies
 
Review on LIC Jeevan Akshay VI
Review on LIC Jeevan Akshay VIReview on LIC Jeevan Akshay VI
Review on LIC Jeevan Akshay VI
 
LIC - Jeevan Shagun
LIC - Jeevan ShagunLIC - Jeevan Shagun
LIC - Jeevan Shagun
 
New Jeevan Anand 815
New Jeevan Anand 815New Jeevan Anand 815
New Jeevan Anand 815
 
LIC - Jeevan Akshay VI
LIC - Jeevan Akshay VILIC - Jeevan Akshay VI
LIC - Jeevan Akshay VI
 
Plan 827 presentation
Plan 827 presentationPlan 827 presentation
Plan 827 presentation
 
LIC - Jeevan Rakshak
LIC - Jeevan RakshakLIC - Jeevan Rakshak
LIC - Jeevan Rakshak
 
Economic report
Economic reportEconomic report
Economic report
 
Lic jeevan rekha 152
Lic jeevan rekha 152Lic jeevan rekha 152
Lic jeevan rekha 152
 
Table no. 165 jeevan saral
Table no. 165 jeevan saralTable no. 165 jeevan saral
Table no. 165 jeevan saral
 
New Endowment Plan 814
New Endowment Plan 814New Endowment Plan 814
New Endowment Plan 814
 

Similar to Cgmse scheme

CGTMSE & other loan guarantee schemes
CGTMSE & other loan guarantee schemesCGTMSE & other loan guarantee schemes
CGTMSE & other loan guarantee schemes
Abinash Mandilwar
 
CGTMSE by MR. SAROJ K SWAIN
CGTMSE by MR. SAROJ K SWAINCGTMSE by MR. SAROJ K SWAIN
CGTMSE by MR. SAROJ K SWAIN
SarojSwain18
 
File1
File1File1
File1
madhu190
 
SBI SME Loan Scheme
SBI SME Loan SchemeSBI SME Loan Scheme
SBI SME Loan Scheme
Niraj Karale
 
Credit Guarantee Scheme for SME: An assessment
Credit Guarantee Scheme for SME: An assessmentCredit Guarantee Scheme for SME: An assessment
Credit Guarantee Scheme for SME: An assessment
Browne & Mohan
 
loans by company.pdf
loans by company.pdfloans by company.pdf
loans by company.pdf
Online Chartered
 
karnataka state financial corporation
karnataka state financial corporationkarnataka state financial corporation
karnataka state financial corporation
Sandeep Jadagoud
 
XFS Cash Flow 180
XFS Cash Flow 180XFS Cash Flow 180
XFS Cash Flow 180
Renee Baart
 
Subordinate Debt for Stressed MSMEs
Subordinate Debt for Stressed MSMEsSubordinate Debt for Stressed MSMEs
Subordinate Debt for Stressed MSMEs
Girish Lakhotiya
 
Stand up india
Stand up indiaStand up india
Stand up india
Vikas Shetty
 
Rakesh kumar dogra
Rakesh kumar dograRakesh kumar dogra
Rakesh kumar dogra
Rakesh K
 
NBFC Business Plans (New)
NBFC Business Plans (New)NBFC Business Plans (New)
NBFC Business Plans (New)
Rakesh K
 
Rakesh Dogra NBFC
Rakesh Dogra NBFCRakesh Dogra NBFC
Rakesh Dogra NBFC
Rakesh K
 
MSME SLP LATEST.pptx
MSME SLP LATEST.pptxMSME SLP LATEST.pptx
MSME SLP LATEST.pptx
RaviShankarSagar1
 
SBA lending update lerch early 04 05-11
SBA lending update lerch early 04 05-11SBA lending update lerch early 04 05-11
SBA lending update lerch early 04 05-11
lerchearly
 
Prudential Regulation
Prudential RegulationPrudential Regulation
Prudential Regulation
Tooba Shafique
 
Uniwill Management
Uniwill ManagementUniwill Management
Uniwill Management
prats143
 
Credit guarantee fund scheme for micro and small enterprises cgtsme - for f...
Credit guarantee fund scheme for micro and small enterprises   cgtsme - for f...Credit guarantee fund scheme for micro and small enterprises   cgtsme - for f...
Credit guarantee fund scheme for micro and small enterprises cgtsme - for f...
Radha Krishna Sahoo
 
Government schemes for funding business-India
Government schemes for funding business-IndiaGovernment schemes for funding business-India
Government schemes for funding business-India
FerdinandAlickCastel
 
Sbi loan scheme for finance, subsidy & project related support contact - 98...
Sbi loan scheme   for finance, subsidy & project related support contact - 98...Sbi loan scheme   for finance, subsidy & project related support contact - 98...
Sbi loan scheme for finance, subsidy & project related support contact - 98...
Radha Krishna Sahoo
 

Similar to Cgmse scheme (20)

CGTMSE & other loan guarantee schemes
CGTMSE & other loan guarantee schemesCGTMSE & other loan guarantee schemes
CGTMSE & other loan guarantee schemes
 
CGTMSE by MR. SAROJ K SWAIN
CGTMSE by MR. SAROJ K SWAINCGTMSE by MR. SAROJ K SWAIN
CGTMSE by MR. SAROJ K SWAIN
 
File1
File1File1
File1
 
SBI SME Loan Scheme
SBI SME Loan SchemeSBI SME Loan Scheme
SBI SME Loan Scheme
 
Credit Guarantee Scheme for SME: An assessment
Credit Guarantee Scheme for SME: An assessmentCredit Guarantee Scheme for SME: An assessment
Credit Guarantee Scheme for SME: An assessment
 
loans by company.pdf
loans by company.pdfloans by company.pdf
loans by company.pdf
 
karnataka state financial corporation
karnataka state financial corporationkarnataka state financial corporation
karnataka state financial corporation
 
XFS Cash Flow 180
XFS Cash Flow 180XFS Cash Flow 180
XFS Cash Flow 180
 
Subordinate Debt for Stressed MSMEs
Subordinate Debt for Stressed MSMEsSubordinate Debt for Stressed MSMEs
Subordinate Debt for Stressed MSMEs
 
Stand up india
Stand up indiaStand up india
Stand up india
 
Rakesh kumar dogra
Rakesh kumar dograRakesh kumar dogra
Rakesh kumar dogra
 
NBFC Business Plans (New)
NBFC Business Plans (New)NBFC Business Plans (New)
NBFC Business Plans (New)
 
Rakesh Dogra NBFC
Rakesh Dogra NBFCRakesh Dogra NBFC
Rakesh Dogra NBFC
 
MSME SLP LATEST.pptx
MSME SLP LATEST.pptxMSME SLP LATEST.pptx
MSME SLP LATEST.pptx
 
SBA lending update lerch early 04 05-11
SBA lending update lerch early 04 05-11SBA lending update lerch early 04 05-11
SBA lending update lerch early 04 05-11
 
Prudential Regulation
Prudential RegulationPrudential Regulation
Prudential Regulation
 
Uniwill Management
Uniwill ManagementUniwill Management
Uniwill Management
 
Credit guarantee fund scheme for micro and small enterprises cgtsme - for f...
Credit guarantee fund scheme for micro and small enterprises   cgtsme - for f...Credit guarantee fund scheme for micro and small enterprises   cgtsme - for f...
Credit guarantee fund scheme for micro and small enterprises cgtsme - for f...
 
Government schemes for funding business-India
Government schemes for funding business-IndiaGovernment schemes for funding business-India
Government schemes for funding business-India
 
Sbi loan scheme for finance, subsidy & project related support contact - 98...
Sbi loan scheme   for finance, subsidy & project related support contact - 98...Sbi loan scheme   for finance, subsidy & project related support contact - 98...
Sbi loan scheme for finance, subsidy & project related support contact - 98...
 

Recently uploaded

Applying the Global Internal Audit Standards_AIS.pdf
Applying the Global Internal Audit Standards_AIS.pdfApplying the Global Internal Audit Standards_AIS.pdf
Applying the Global Internal Audit Standards_AIS.pdf
alexiusbrian1
 
How Does CRISIL Evaluate Lenders in India for Credit Ratings
How Does CRISIL Evaluate Lenders in India for Credit RatingsHow Does CRISIL Evaluate Lenders in India for Credit Ratings
How Does CRISIL Evaluate Lenders in India for Credit Ratings
Shaheen Kumar
 
Discover the Future of Dogecoin with Our Comprehensive Guidance
Discover the Future of Dogecoin with Our Comprehensive GuidanceDiscover the Future of Dogecoin with Our Comprehensive Guidance
Discover the Future of Dogecoin with Our Comprehensive Guidance
36 Crypto
 
FCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptxFCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptx
nalamynandan
 
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
How Non-Banking Financial Companies Empower Startups With Venture Debt FinancingHow Non-Banking Financial Companies Empower Startups With Venture Debt Financing
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
Vighnesh Shashtri
 
1.2 Business Ideas Business Ideas Busine
1.2 Business Ideas Business Ideas Busine1.2 Business Ideas Business Ideas Busine
1.2 Business Ideas Business Ideas Busine
Lawrence101
 
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
k4ncd0z
 
Fabular Frames and the Four Ratio Problem
Fabular Frames and the Four Ratio ProblemFabular Frames and the Four Ratio Problem
Fabular Frames and the Four Ratio Problem
Majid Iqbal
 
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
5spllj1l
 
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdfTumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Henry Tapper
 
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
sameer shah
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
hiddenlevers
 
The Impact of GST Payments on Loan Approvals
The Impact of GST Payments on Loan ApprovalsThe Impact of GST Payments on Loan Approvals
The Impact of GST Payments on Loan Approvals
Vighnesh Shashtri
 
Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!
FinTech Belgium
 
1. Elemental Economics - Introduction to mining.pdf
1. Elemental Economics - Introduction to mining.pdf1. Elemental Economics - Introduction to mining.pdf
1. Elemental Economics - Introduction to mining.pdf
Neal Brewster
 
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
taqyea
 
2. Elemental Economics - Mineral demand.pdf
2. Elemental Economics - Mineral demand.pdf2. Elemental Economics - Mineral demand.pdf
2. Elemental Economics - Mineral demand.pdf
Neal Brewster
 
South Dakota State University degree offer diploma Transcript
South Dakota State University degree offer diploma TranscriptSouth Dakota State University degree offer diploma Transcript
South Dakota State University degree offer diploma Transcript
ynfqplhm
 
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
5spllj1l
 
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
Labour Market Information Council | Conseil de l’information sur le marché du travail
 

Recently uploaded (20)

Applying the Global Internal Audit Standards_AIS.pdf
Applying the Global Internal Audit Standards_AIS.pdfApplying the Global Internal Audit Standards_AIS.pdf
Applying the Global Internal Audit Standards_AIS.pdf
 
How Does CRISIL Evaluate Lenders in India for Credit Ratings
How Does CRISIL Evaluate Lenders in India for Credit RatingsHow Does CRISIL Evaluate Lenders in India for Credit Ratings
How Does CRISIL Evaluate Lenders in India for Credit Ratings
 
Discover the Future of Dogecoin with Our Comprehensive Guidance
Discover the Future of Dogecoin with Our Comprehensive GuidanceDiscover the Future of Dogecoin with Our Comprehensive Guidance
Discover the Future of Dogecoin with Our Comprehensive Guidance
 
FCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptxFCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptx
 
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
How Non-Banking Financial Companies Empower Startups With Venture Debt FinancingHow Non-Banking Financial Companies Empower Startups With Venture Debt Financing
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
 
1.2 Business Ideas Business Ideas Busine
1.2 Business Ideas Business Ideas Busine1.2 Business Ideas Business Ideas Busine
1.2 Business Ideas Business Ideas Busine
 
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
 
Fabular Frames and the Four Ratio Problem
Fabular Frames and the Four Ratio ProblemFabular Frames and the Four Ratio Problem
Fabular Frames and the Four Ratio Problem
 
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
 
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdfTumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
 
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
 
The Impact of GST Payments on Loan Approvals
The Impact of GST Payments on Loan ApprovalsThe Impact of GST Payments on Loan Approvals
The Impact of GST Payments on Loan Approvals
 
Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!
 
1. Elemental Economics - Introduction to mining.pdf
1. Elemental Economics - Introduction to mining.pdf1. Elemental Economics - Introduction to mining.pdf
1. Elemental Economics - Introduction to mining.pdf
 
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
 
2. Elemental Economics - Mineral demand.pdf
2. Elemental Economics - Mineral demand.pdf2. Elemental Economics - Mineral demand.pdf
2. Elemental Economics - Mineral demand.pdf
 
South Dakota State University degree offer diploma Transcript
South Dakota State University degree offer diploma TranscriptSouth Dakota State University degree offer diploma Transcript
South Dakota State University degree offer diploma Transcript
 
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
 
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
 

Cgmse scheme

  • 1. Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) Purpose CGMSE provides credit guarantee cover to the collateral free credit provided to Micro & Small Enterprises by the bank. Eligibility New or existing Micro and Small Enterprises availing credit facilities up to Rs.100.00 lac without any collateral security and or third party guarantee. Security Assets created out of credit facility granted and associated with the business of the unit. Tenure Period of term loan in case of Term Loans and 5 years in case of working capital facility. Guarantee Fee (GF) 1.00% of the credit facility sanction for loans up to Rs.5.00 lac and 1.5% for loan above Rs.5.00 lac. Annual Service Fee (ASF) 0.50% of the credit facility sanction for loans up to Rs.5.00 lac and 0.75% for loans above Rs.5.00 lac per year. Extent of guarantee cover (subject to maximum ceilings) A. For loans up to Rs.50.00 lac i) 85% of the amount in default for loans up to Rs.5.00 lac granted to Micro Enterprises. ii) 80% of the amount in default for loans granted to Women Enterprises/Units located in North Eastern Regions (other than (i) above) 75% of the amount in default for other category of borrower. B. For loans above Rs.50.00 lac As per ‘A’ above plus 50% of amount in default above Rs.50.00 lac. Lock-in-period Lock in period of 18 months from either the date of last disbursement or date of payment of guarantee fee whichever is later, for invoking the claim under the scheme. *Conditions apply For further details, please contact your nearest SyndicateBank branches.