Gujarat MSME CGTMSE Fee Reimbursement — Up to ₹10.4L

The Industries and Mines Department, Government of Gujarat, runs an umbrella assistance framework for micro, small and medium enterprises in the state. One component of that framework deals with a very specific cost of borrowing: the annual service fee a business pays when its bank loan carries a guarantee from the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).

Under this component, the department refunds the whole of that annual service fee on CGTMSE-guaranteed loans that require no collateral. Support can run for as many as five years, and the assistance is capped at ₹10.4L.

Removing the guarantee cost makes credit cheaper to hold. Money that would have gone to the trust stays inside the business, where it can fund capacity, working capital or expansion.

The scheme as a whole was in force from August 7, 2020 to August 6, 2025. That outer window matters, but so does an individual timing rule: a claim must reach the department no more than 12 months after the term loan's first disbursement, or by the day commercial production starts, whichever falls later.

Everything is handled online through the state's Investor Facilitation Portal (IFP), from the first registration step through to the upload of supporting documents.

• 100% of the CGTMSE annual service fee is reimbursed
• Reimbursement can cover as many as five years of annual fees
• Covers CGTMSE-guaranteed collateral-free loans sanctioned up to ₹2 crore
• Assistance capped at ₹10.4L
• Open to MSMEs in Gujarat, with the fee component aimed at micro and small enterprises
• Scheme runs to August 6, 2025; file within a year of the loan's first disbursement

Eligibility sits at the enterprise level rather than the founder level.

• The applicant must be an MSME — micro, small or medium. Reimbursement of the CGTMSE fee is framed around micro and small enterprises holding a collateral-free term loan with a CGTMSE guarantee, while the wider MSME scheme also covers medium firms.
• The enterprise must already have taken a term loan that is collateral-free and backed by CGTMSE.
• The claim has to be filed within 12 months of the term loan's first disbursement, or on or before the date commercial production begins — whichever is later.
• The business should be operating in Gujarat, since this is a state government scheme administered by the Industries and Mines Department.

No founder-level conditions, sector restrictions or entity-type limits are specified in the scheme details.

Gujarat MSME CGTMSE Fee Reimbursement — Up to ₹10.4L is open to startups at any stage. It is open to startups registered anywhere in India.

The most recent application window for Gujarat MSME CGTMSE Fee Reimbursement — Up to ₹10.4L closed on 6 Aug 2025. Many programmes run repeat cohorts, so it is worth checking the official site for the next round.

• 100% reimbursement of the annual service fee charged on CGTMSE-guaranteed loans that need no collateral.
• Claims can span five years of these annual fees.
• For the fee to qualify, the underlying loan must have been sanctioned by a bank or financial institution for an amount of up to ₹2 crore.
• Total assistance under this component is capped at ₹10.4L.
• The support is a subsidy-style reimbursement, so it is non-dilutive — no equity, shares or repayment obligation are involved.

By returning the guarantee fee, the scheme lowers the effective cost of credit for small businesses in Gujarat and frees up cash for day-to-day operations and growth.

Gujarat MSME CGTMSE Fee Reimbursement — Up to ₹10.4L is offered by Industries and Mines Department, Government of Gujarat, a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India.

Before you apply to Gujarat MSME CGTMSE Fee Reimbursement — Up to ₹10.4L, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

Gujarat MSME CGTMSE Fee Reimbursement — Up to ₹10.4L is best suited for startups in India seeking non-dilutive funding of ₹10.4L. If that describes your startup, review the eligibility criteria above before applying.