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Appendix I CREDIT GUARANTEE SCHEME FOR COLEADING (CG SCL)I.INTRODUCTIONCredit Guarantee Fund Trust for Micro and Small Enterprises (CGT MSE), has framed a Scheme for the purpose of providing guarantees

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How to fill out credit guarantee fund scheme

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Understand the eligibility criteria for the credit guarantee fund scheme

02

Gather all necessary documents required for the application process

03

Fill out the application form accurately with all relevant details

04

Submit the completed application form along with the supporting documents to the designated authority

05

Wait for the approval process and follow up if required

Who needs credit guarantee fund scheme?

01

Small and medium-sized enterprises (SMEs) looking to access credit facilities

02

Startups and entrepreneurs who may have difficulty securing loans from traditional sources

03

Businesses with limited collateral to offer to lenders

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What is credit guarantee fund scheme?

The credit guarantee fund scheme is a financial guarantee scheme designed to provide credit to small and medium enterprises (SMEs) by covering a portion of their loan amount.

Who is required to file credit guarantee fund scheme?

SMEs and financial institutions are required to file the credit guarantee fund scheme.

How to fill out credit guarantee fund scheme?

To fill out the credit guarantee fund scheme, SMEs and financial institutions need to provide detailed information about the loan amount, purpose, and repayment plan.

What is the purpose of credit guarantee fund scheme?

The purpose of the credit guarantee fund scheme is to facilitate the flow of credit to SMEs who may not have sufficient collateral to secure a loan.

What information must be reported on credit guarantee fund scheme?

The information that must be reported on the credit guarantee fund scheme includes the loan amount, purpose, repayment plan, and details of the SME or financial institution.

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