Credit Guarantee Scheme for Startups CGSS
A government guarantee that helps DPIIT-recognised startups borrow without collateral from banks, NBFCs and venture debt funds, up to ₹20 crore per startup.
Last updated on
- Cost to apply
- Annual guarantee fee, 1% for champion sectors
- Status
- Open
- Run by
- DPIIT, Ministry of Commerce and Industry, run by NCGTC
What you get
- Guarantee cover up to ₹20 crore per borrower, raised from ₹10 crore in May 2025
- Cover of 85% of the amount in default for loans up to ₹10 crore and 75% above that
- Annual guarantee fee cut to 1% from 2% for startups in 27 champion sectors
- Covers working capital, term loans and venture debt
Who can apply
- The most on offer is ₹20 crore.
- Startup recognised by DPIIT
- Lender must be a scheduled commercial bank, all-India financial institution, NBFC or SEBI-registered AIF that is a member
Where to apply
In person, through a member lender
Worth knowing
Notified 6 October 2022, expanded 9 May 2025.
Where we found this
- PIB, expansion of the Credit Guarantee Scheme for Startups, 9 May 2025 (external site) Official announcement
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 Seen something out of date?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.