Credit Guarantee Scheme for Startups (CGSS)
Central Scheme (All India)
MSME & Industry
Application Mode: ONLINE
Active
Quick AI Summary
Provides credit guarantees up to Rs. 10 Crore to DPIIT-recognized startups for loans from member institutions.
Detailed Summary
CGSS reduces the risk for lenders, enabling startups to access debt financing without collateral.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits | - Credit guarantee cover up to Rs. 10 Crore. - Transaction-based and portfolio-based guarantees available. |
Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| - DPIIT-recognized startups. - Loans from scheduled commercial banks, NBFCs, or SEBI-registered AIFs. | |
Application Process Guide
- Lending institutions apply to the National Credit Guarantee Trustee Company (NCGTC).