Getting Big Loans Without Big Risk: How the Government Is Helping MSMEs Like Yours
For many MSMEs in India, getting a large loan without putting everything on the line is nearly impossible. But thatтАЩs exactly what the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) is designed to change.
Launched by the Ministry of Finance and managed by NCGTC, this scheme offers a government-backed guarantee covering 60% of the loan amount (up to тВ╣100 crore) specifically for projects that involve machinery or equipment purchases.
No extra property as collateral. No huge upfront fees. Just solid support to help you grow.
If your business is Udyam-registered, not marked as a Non-Performing Asset (NPA), and your project has at least 75% cost in equipment, you're likely eligible.
ItтАЩs not just about easier creditтАФitтАЩs about building trust between banks and small businesses so you can take the next step with confidence.
Dive into the official details here: MCGS-MSME on ncgtc.in
