How to Apply for CGSSD — Credit Guarantee Scheme for Subordinate Debt
CGSSD — Credit Guarantee Scheme for Subordinate Debt accepts applications online through the official portal on a rolling basis. Follow the steps below — and always confirm the latest details on the official source before you apply.
How to apply
Applications are submitted on the official portal. Confirm the current deadline and document checklist there before you start.
Selection process
Applications are processed through CGTMSE's member lending institutions (scheduled commercial banks). The promoter first assesses eligibility by ensuring the MSME is classified as stressed or NPA and prepares a viable revival plan. The promoter then approaches a member bank with the revival proposal. The bank evaluates the revival plan and, if satisfactory, submits a guarantee application to CGTMSE. CGTMSE issues a 90% credit guarantee. The promoter contributes the required 10% margin, and the funds are infused into the stressed MSME. There is no competitive selection — approval depends on the revival plan's viability and bank's assessment.
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