Credit Guarantee Scheme for Startups (CGSS)

DPIIT / NCGTC, Government of India
Credit guarantee on collateral-free loans, up to Rs 20 crore per borrower

Guarantees collateral-free debt that member lenders extend to DPIIT-recognised startups. Maximum guaranteed debt is Rs 20 crore per borrower.

Gov. schemeLoans & Funding
Eligibility
DPIIT-recognised startup borrower that is not an NPA.
Available in
IN India
Benefits
  • Transaction-based cover of 85% for loans up to Rs 10 crore and 75% above that; umbrella-based cover up to 5% of the pooled investment.
Details
Tiers, how to apply, what to watch out for and sources are free with an account.
Apply on startupindia.gov.in ↗