The transformative journey of CGTMSE has begun with change of its logo…the new logo a "colorful flying bird" depicts giving wings to entrepreneurial zeal of millions of youth of this great country who are having bankable business ideas but lack collateral security and / or third party guarantee to access credit from formal source… here CGTMSE extends them helping hand by providing guarantee to enable them access credit leading to setting up viable micro and small enterprises. Thereby transforming them from job seekers to job providers and meaningfully contribute in nation building.
Some of the key benefits of CGTMSE are: No collateral requirement - Providing collateral is difficult for small businesses as most of them have limited or no assets. Loans availed under the CGTMSE scheme are collateral-free. Nominal guarantee fee - Loans taken under the CGTMSE