CGTMSE Scheme Details - Practical Guide for Bankers// Credit Guarantee Fund Trust for MSE

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The Board of Trustees of Credit Guarantee Fund Trust for Micro and Small
Enterprises (CGTMSE) had framed a Scheme for the purpose of providing
guarantees in respect of credit facilities extended by Lending Institutions to the borrowers in Micro and Small Enterprises (MSEs).
The CGTMSE scheme is in operation since 1st August 2000 and is a symbol of hope for lacs of Micro and Small borrowers who want to avail collateral-free loans without third party guarantee.
Our tutorial is aimed to serve as a Practical Guide for Bankers bankers who are processing CGTMSE loans at the grass hood level.

Here we discuss:
1. What are the Member Lending Institutions?
2. Accounts that can be covered under CGTMSE.
3. What is meant by Primary and Collateral Security with respect to the scheme?
4. What is meant by Hybrid Model?
5. Direct borrower and Third Party Guarantee.
6. The validity of Coverage.
7. Amount of coverage.
8. Accounts that cannot be covered under the scheme.
9. Concept of the Lock-in period.
10. The time limit for lodgement of claims.

Trust our colleagues and customers finds it interesting and useful.

[ShuddhDesiBanking]

As per CGTMSE circular ref 157/2018-19 dt 31.10.2018 the floor limit of Rs 10.00 lacs was removed on MSE retail exposure.
We regret for this unintentional mistake.
Thanks to our colleague @Adarsha Parial and @Suraj Kumar for bringing this to our notice.

[tanmayamallik]

This channel deserves more likes and subscribes.🙏🙏🙏

[satyajeetsamant]

The USP of your Video is that it's short crisp n informative...🙏🙏🙏 Thanks for this nice video🙏🙏🙏

[tania]

An extremely important topic very well explained sir. Thank you. Great video

[AJ-llkz]

Is it neccesary to have manufacturing set up of own to avail cgtmse ..

[pk.aquaculture]

Sir no one bank is ready to provide financial assistance under CGTMSE
.CGTMSE scheme मे लोन बैंक भिकारी समझती है.
CGTMSE scheme मे लोन मागंते तो बैंक भिकारी समझती है ईटरपिनर बैंक मे डकेती रॉबेरी करने आया है ऐसा समझा जाता है. यह scheme तथ्य हिन है.

[srinigh]

Is at available for a new start up manufacturing company?

[mikeboro]

Not true. I'm stuck on udaan portal for itr upload issue. Dang

[rps]

Actually cgtmse fee for retail trade bahot jyada hota hii .10 lac pe 32k aa rha hii fee . If customer wants not to avail cgtmse coverage than what to do sir ?

[SURYABAHAD]

Very good sir keep growing, here you have missed about hybrids security model, please incorporate in some other or modify with a change, God bless your all endeavour for busy bankers🙏🏻

[unreal]

U can also elaborate about the bi-claim( clain received in two parts) mechanism.
Further nowadays cgfmu is need of hour.
Kindly guide us for the same as well.
Always appreciated your work.

[Youtubeman]

Can i avail loan under this scheme to start up new business for mini departmental store for 4 lakhys, being ST category from North east India? Please reply me..

[vijayg]

Why extent of coverage upto 10 lakh is mentioned in the CGTMSE scheme when we are taking NCGTC coverage upto 10 lqkh

[rahulbansal]

Sir trading cgstme lone ke liye primary security kya kya hogi

[sachin]

What does extent of guarantee means? Please elaborate sir.

[thisisarjuncp]

Please post a Video on HOUSING LOAN..The steps involved including LSR, Mortgage..It would be very helpful 🙏🙏

[biswadipkarmakar]

Sir CGPAN will be same for every accounts of any Borrowers having 3_4 A/cs or it will be different in every case

[surajksoni]

Minimum cap of 10 lakh for retail sector has been removed.

Correct me if I am wrong.

[vijayg]

Please clarify my doubt in hybrid security in case of MSME loan. In our policy it is mentioned that bank is allowed to obtain collateral security for a part of the credit facility, whereas the remaining part upto a maximum of Rs.2 crore can be covered under CGTMSE. Does it cover credit facility e.g. Rs.1 Crore (collateral Rs.20 Lakh CGTMSE Rs.80 Lakh ) ? Or credit facility Rs.5 crore (collateral Rs.3 crore CGTMSE Rs.2 crore)?

[rps]

If we have taken third party guarantee than can we claim cgtmse coverage also ?