Eligible Lending Institutions
All scheduled commercial banks and specified regional rural banks, National Small Industries Corporation Ltd (NSIC), North Eastern Development Finance Corporation Ltd (NEDFi), and SIDBI are eligible lending institutions. The eligible lending institutions, on entering an agreement with CGTMSE, become member lending institutions (MLIs).
Eligible Borrowers
New as well as existing micro and small enterprises are eligible for such guarantee. .
Cost to Borrower