PC: efytimes.com

Provision of Collateral Free Credit for Micro and Small Enterprises

Ministry of Micro, Small & Medium Enterprises, Govt of India has a Scheme of Credit Guarantee Fund for MSMEs.


Banks and financial institutions are provided funding assistance under this scheme so that they can in turn lend collateral free credit to MSMEs.


Banks, Financial institutions and MSMEs can apply.


Funding support to banks and financial institutions for lending collateral-free credit to MSMEs.

How to apply:

  • If you are a financial institution, directly contact Office of DC-MSME.
  • If you are an MSME, directly contact the respective banks/financial institutions as listed in the scheme guidelines.
  • Financial institution can apply online also.

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