MSME Schemes State: All India
Active / Open

MSME Credit Guarantee Scheme (CGTMSE)

Implementing Ministry: Ministry of Skill Development & Entrepreneurship
Implementing Agency: NSDC
Launch Date: 15 Aug 2016
Valid Through: 31 Dec 2028

About the Program

CGTMSE provides credit guarantees to financial institutions, enabling ITI graduates and technicians to obtain loans to set up workshops or service centers without collaterals.

Eligibility & Beneficiary Profile

Target Beneficiary:

All Technical Candidates

Detailed Eligibility Requirements:

New and existing micro and small enterprises set up by technical entrepreneurs.

Benefits Offered

Collateral-free term loans and working capital up to Rs 2 Crores. Stipends vary based on employer, trade, location, apprenticeship category, and applicable government guidelines.

Required Documents

Aadhaar Card, ITI Marksheet/Certificate, Bank Passbook, Passport Size Photos

Process & Selection Criteria

Selection Process:

Direct Merit / Online Registration

How to Apply:

Apply directly through member lending banks with a viable business plan.

Common Questions & FAQs

Q: Who is eligible for this scheme?

A: All technical ITI candidates matching age and trade parameters can apply.

Q: Are there any fees?

A: No, government skill schemes are 100% free of charge.

Verified Program

Status: Active & Authenticated
Verification Date: 27 Jun 2026
Last Reviewed: 27 Jun 2026
Confidence Level: High
Verification is based exclusively on official Government gazettes, ministries, and NAPS/NATS resources.

Support & Helpline

Official Helpline: 1800-123-4567
Contact Email: support-msde@gov.in
Official Portal Access

Submit your application directly through the official Government portal.

Apply on Official Portal ↗