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  • OBJECTIVE
    1
    • Assistance in sustaining and reviving the MSMEs which have either become NPA or are on the brink of becoming NPA.
    • Promoter(s) may infuse this amount in MSME unit as equity and thereby enhance the liquidity and maintain debt-equity ratio.
    • To provide the requisite financing to the MSME Units where an outright loan is difficult.
  • KEY BENEFITS
    2
    • Promoter(s) are given credit equal to 15% of their stake (equity plus debt) or Rs. 75 lakh whichever is lower.
  • SCHEME APPLICABLE FOR
    3
    • Ooperational MSMEs which are stressed and have become NPA as on 30th April, 2020.
  • DETAILED INFORMATION
    4
    • Promoters are given credit equal to 15% of their stake (equity plus debt) or Rs. 75 lakh whichever is lower with maximum tenor for repayment of 10 years and moratorium of 7 years on payment of principal.
    • Provides 90% guarantee coverage
HOW TO APPLY

MSMEs meeting the eligibility criteria may approach eligible Banks. Loan lending bank branch, CEO, CGTMSE, SIDBI,
Swavalamban Bhavan, C-11, G-Block, BKC, Bandra (East), Mumbai 400051.

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    Credit Guarantee Scheme for Subordinate Debt (CGSSD) for Stressed MSMEs
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