Credit Guarantee Scheme for Startups (CGSS)

Credit Guarantee Scheme for Startups (CGSS) is a government-backed lender in Mumbai, India. Government credit guarantee, run through NCGTC, on loans, venture debt and other debt that banks, NBFCs and SEBI-registered AIFs give DPIIT-recognised startups, now up to Rs 20 crore per borrower. The guarantee goes to the lender: a startup applies to a member lender or through the Jan Samarth portal.

What it offers

• “The revised framework has enhanced guarantee coverage, increasing the maximum limit from ₹10 crore to ₹20 crore per eligible borrower.” — startupindia.gov.in
• “The extent of guarantee cover provided has also been increased to 85% of the amount in default for loan amount up to Rs. 10 crore and 75% of the amount in default for loan amount exceeding Rs. 10 crore.” — pib.gov.in
• “Further, the Annual Guarantee Fee (AGF) for startups in 27 Champion Sectors has been reduced to 1% p.a. from 2% p.a.” — pib.gov.in
• “This Scheme would help provide the much-needed collateral free debt funding to startups.” — startupindia.gov.in
• “CGSS does not provide guarantee cover to DPIIT recognised startups directly, but through a Trustee (NCGTC), which in turn provides guarantee cover to MIs who provide loans to startups.” — startupindia.gov.in

Who can apply

• “Startup as recognized by DPIIT as per Gazette Notifications issued from time to time” — startupindia.gov.in
• “Startup not in default to any lending/investing institution and not classified as Non-Performing Asset as per RBI guidelines” — startupindia.gov.in
• “Eligible startups may approach these institutions for funding requirement, who would evaluate the same in accordance with general lending protocols and scheme and other guidelines.” — startupindia.gov.in

How to apply

Apply or read the rules on the official site.

About this listing

TrustList compiled this listing from Credit Guarantee Scheme for Startups (CGSS)'s official pages in September 2026. The quotes above are its own words. Amounts, deadlines and eligibility rules change, so check the official site before you rely on them.