Credit Guarantee Scheme for Exporters CGSE
A 100% government guarantee for extra collateral-free working capital to exporters, which ran from December 2025 until 31 March 2026.
Last updated on
- Cost to apply
- Free. No guarantee fee or processing fee.
- Status
- Closed
- Run by
- Department of Financial Services, Ministry of Finance, through the National Credit Guarantee Trustee Company (NCGTC)
What you get
- Extra working capital of up to 20% of the existing sanctioned export working capital limit as on 30 September 2025, up to ₹50 crore per borrower across all lenders
- No new collateral or personal or corporate guarantee
- No guarantee fee, processing fee or prepayment penalty
- Banks describe a loan term of 4 years including a 1 year moratorium
- Open to direct and indirect exporters, both MSME and non-MSME
Who can apply
- Businesses that are already running.
- The most on offer is ₹50 crore.
- Needed an existing working capital limit with a member lending institution as on 30 September 2025
- Guarantees were available only until ₹20,000 crore was used or 31 March 2026, whichever came first
How to apply
- Apply through the Jan Samarth portal or your bank
- The bank sanctions the extra limit and NCGTC guarantees it
In person, your existing bank
In Kerala, through the bank that already gives the exporter a working capital limit
Worth knowing
The scheme window ran from 1 December 2025 to 31 March 2026, or until ₹20,000 crore of guarantees were issued. No extension was found in PIB releases or bank pages checked on 5 November 2026. Loans already sanctioned run on their terms. For export credit support now, see the export-promotion-mission and ecgc-export-insurance records.
Where we found this
- PIB, Cabinet approves Credit Guarantee Scheme for Exporters, 12 November 2025 (external site) Official announcement
- PIB, CGSE operational through Jan Samarth from 1 December 2025 (external site) Official announcement
- PIB, Ministry of Finance Year Ender 2025, Department of Financial Services (external site) Official announcement
- NCGTC, CGSE FAQs of 1 December 2025 (external site) Official
- Bank of Maharashtra, CGSE page (external site) Other source
- Karur Vysya Bank, CGSE page (external site) Other source
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.