Home » Initiatives » Center » Provision of Collateral Free Credit for Micro and Small Enterprises
PC: efytimes.com
PC: efytimes.com

Provision of Collateral Free Credit for Micro and Small Enterprises

Ministry of Micro, Small & Medium Enterprises, Govt of India has a Scheme of Credit Guarantee Fund for MSMEs.

Objective:

Banks and financial institutions are provided funding assistance under this scheme so that they can in turn lend collateral free credit to MSMEs.

Eligibility:

Banks, Financial institutions and MSMEs can apply.

Benefits:

Funding support to banks and financial institutions for lending collateral-free credit to MSMEs.

How to apply:

  • If you are a financial institution, directly contact Office of DC-MSME.
  • If you are an MSME, directly contact the respective banks/financial institutions as listed in the scheme guidelines.
  • Financial institution can apply online also.

For More Info: Click Here

For Updates Download our App: Click Here

join-r

Check Also

PC: 123rf.com

Center’s new formula to tackle Delhi NCR’s air pollution

The Supreme Court asked the central government to put in place “graded response action plan” ...

Leave a Reply

Your email address will not be published. Required fields are marked *