Credit Guarantee Scheme for Startups (CGSS)

📌 WHAT IS

THIS?

The Credit Guarantee Scheme for Startups (CGSS) helps startups access

loans by assuring lenders that the government will cover part of the risk,

making it easier for young businesses to get funding without collateral.

🎯

OBJECTIVES

• Credit Guarantee Scheme for Startups (CGSS) aims at providing credit

guarantee up to a specified limit against loans extended by Member

Institutions (MIs) to finance eligible borrowers viz. entities recognised as

‘startups’ by DPIIT. CGSS is operated by the National Credit Guarantee

Trustee Company (NCGTC) Limited.

✅ WHO

CAN APPLY?

• Eligible (i) Scheduled Commercial Banks and Financial Institutions; (ii)

RBI registered Non-Banking Finance Companies (NBFCs) and (iii)

Securities and Exchange Board of India (SEBI) registered Alternative

Investment Funds (AIFs) can become member institutions (MIs) subject

to requirements.

• Eligible borrowers are DPIIT recognised startups.

💰 WHAT DO

YOU GET?

Maximum guarantee of ₹20 crore or actual outstanding credit amount,

whichever is less. For both transaction-based and umbrella-based cover.

• Eligible (i) Scheduled Commercial Banks and Financial Institutions; (ii)

RBI registered Non-Banking Finance Companies (NBFCs) and (iii)

Securities and Exchange Board of India (SEBI) registered Alternative

Investment Funds (AIFs) can become member institutions (MIs) subject

to requirements.

• Eligible borrowers are DPIIT recognised startups.

Visit the website for details: https://www.ncgtc.in/en/product-

details/CGSS/Credit-Guarantee%20Scheme%20for%20Start-

ups%20(CGSS)

• For application through the Jan Samarth portal:

https://www.jansamarth.in/business-loan-startup-scheme.