KMB Associates

CGTMSE Loan

KMB Associates LLP simplifies access to bank credit for Micro and Small Enterprises (MSEs) without collateral, thanks to the Credit Guarantee Scheme (CGS). We leverage the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to support your business growth with streamlined funding solutions.

Apply Now
Business owner discussing collateral-free loan options
Our mission to simplify loan processes
about service

CGTMSE Loan Assistance

KMB Associates LLP helps entrepreneurs access collateral-free bank credit through the Credit Guarantee Scheme (CGS), supporting the setup of Micro and Small Enterprises (MSEs).
  • Streamlined credit access.
  • Supports new business funding.
Service benefits

Why choose KMB associates llp for your Unsecured Business Loan needs?

1.Ceiling for Guarantee coverage raised from Rs. 200 lakh to Rs. 500 lakh.

2.Guarantee fee reduced to diminish the overall cost of borrowings to MSEs

3.Micro Finance Institutions as Member Lending Institutions (MLIs) are now eligibleConcessions related to fees and increased coverage to SC/STs

4.Reduced Guarantee fee by 10% and coverage extent increased to 85% to Women, ZED Certified Units and Units in Aspirational DistrictsAnnual Guarantee Fee structure revised and fee reduced to as low as 0.37%

Our mission to simplify loan processes
why choose us?

Know more

At KMB Associates LLP, we specialize in connecting you with top lending partners to offer personalized CGTMSE loan options that suit your unique needs. With a streamlined application process and access to the best CGTMSE loan offers in India, we ensure a seamless and reliable borrowing experience. Apply with us today to take advantage of this government-backed guarantee scheme designed to support and empower your business.

Years Experience
0 +
Secured Through Us
₹ 0 CR
Leading provider of personal, home, and business loans
Instant personal loan application
Loan against property document submission
Key Features

Advantages of Choosing Our Loans

Comparing interest rates for different loan options

Interest Rate

As per RBI’s Guidelines is eligible for coverage under CGTMSE

Loan amount options for personal and business needs

Loan Amount

For Micro and Small Enterprises (MSEs)– Credit facility up to Rs. 500 lakh can be covered on an outstanding basis

Loan tenure options for flexible repayment

Guarantee Coverage

From 75% – 85% (50% Coverage for retail activity)

Breakdown of loan processing fees

Collateral / Third Party Guarantee

Not required

Apply Loan Now
Our mission to simplify loan processes

Documents Required

  • Duly filled CGTMSE loan application form with passport-sized photographs
  • Business Incorporation or Company Registration Certificate
  • Business Project Report
  • CGTMSE Loan Coverage Letter
  • Copy of loan approval from the Bank
  • Any other document required by the Bank

General Questions

Get quick answers to common questions about our loans and application process. Ensure a smooth experience with the information you need.

Entities eligible for coverage under the scheme include MSME units such as Individuals / Proprietorships, LLPs, Partnerships, Private Limited Companies, or registered companies.
MSME borrowers/entities under stress, categorized as SMA2 and NPA accounts, eligible for restructuring according to RBI guidelines, and commercially viable per the assessment of lending institutions, can avail the Scheme’s benefits.

The Scheme remains in effect for a maximum of 10 years from the date of availing the guarantee or until an aggregate guarantee amount of ₹20,000 crore is approved, or until the scheme’s validity expires.

Yes, promoters need to contribute 10% of the sub-debt amount as collateral.
Accounts labeled as Fraud/Willful default will not be considered eligible for the scheme.
Yes, MSME accounts subject to recovery proceedings, including actions like SARFAESI Sec. 13(2), 13(4), DRT, suit filing, or restructuring, can be considered based on the viability assessment according to RBI’s restructuring guidelines.
If a borrower has existing limits with multiple lenders, they can utilize the CGSSD through a single lender. The lending MLI should obtain a declaration from the borrower about their other banking arrangements and non-utilization of funding under the scheme from other lenders.
No, it is not required for existing loans to be covered by guarantee schemes like CGFMU or CGTMSE to access sub-debt under DAF-SDSM.
The sub-debt facility’s tenor under DAF-SDSM will align with the lender-defined repayment schedule, up to a maximum of 10 years.
Yes, the applicable interest rate will adhere to the existing RBI guidelines.
The maximum tenor for loans under CGSSD is 10 years.
Yes, a maximum moratorium of 7 years can be applied to principal payments. During this period, only interest will be paid. Principal repayment is then required within 3 years after the moratorium ends.
Yes, prepayment of loan/credit facilities is allowed without any additional charge.

No, businesses must be operational and in running condition to be eligible for the sub-debt scheme.

No, the scheme provides funding to the promoters of the MSME unit, not to the entity itself.

Accounts with aggregate exposure above ₹25 Crore can be restructured upon asset class down-gradation, including NPAs.

For entities exempt from mandatory audits, lenders can use a CA’s certificate or the latest ITR return to calculate promoter equity/debt contribution.
Only accounts classified as SMA-2 or NPA as of April 30, 2020, are eligible for additional finance under the scheme.
Sub-debt scheme loans can be extended to management committee executives of registered Trusts/Societies/HUFs, provided they fulfill eligibility criteria and meet commercial judgment standards.
Yes, the borrower’s 10% contribution should be in the form of cash collateral.

Accounts opened after March 31, 2018, are not eligible under the Scheme.

Accounts eligible for restructuring, including those restructured before CGSSD’s introduction, can be covered, and such assistance is not considered repeated restructuring.
“Regular in operation” pertains to the consistent functioning of the MSME unit during certain fiscal years, irrespective of transactions in their bank accounts.

No, accounts opened after January 1, 2016, are not eligible under the Scheme.

A Chartered Accountant’s certificate is not necessary. However, the lending MLI should ensure that the sub-debt/credit released to the promoter is reinvested as equity/quasi equity/sub-debt in the MSME unit.
The scheme is applicable to MSMEs with accounts that were standard as of January 1, 2016, and had regular operations during specific fiscal years, subject to viability assessment by MLI. This includes accounts in regular operation or as NPAs during FY 2016-17, 2017-18, 2018-19, and 2019-20, even if they were not in regular operation during FY 2020-21 & FY 2021-22.
other services

Other products

View All

Balance Transfer

Effortless and flexible balance transfer options.

Learn More

Loan for Professionals

Streamlined and adaptable loans for professionals.

Learn More

Loan Against Property

Efficient and flexible loans against property.

Learn More
View All