Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance for Reimbursement of CGTMSE Fees
100% CGTMSE fee reimbursement for 5 years · collateral-free MSME loans · Gujarat
Aatmanirbhar Gujarat Scheme fully reimburses the annual CGTMSE service fees paid by Micro and Small Enterprises in Gujarat for 5 years — meaning your collateral-free loan through CGTMSE costs you no guarantee fees.
About This Scheme
Aatmanirbhar Gujarat Scheme fully reimburses the annual CGTMSE service fees paid by Micro and Small Enterprises in Gujarat for 5 years — meaning your collateral-free loan through CGTMSE costs you no guarantee fees.
Full official description
The "Aatmanirbhar Gujarat Scheme for MSMEs" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from October 5, 2022, to October 4, 2027, this initiative supports growth, investments, and the vision of "Aatmanirbhar Gujarat" and "Aatmanirbhar Bharat."
The component "Assistance for Reimbursement of CGTMSE Fees" aims to provide financial support to Micro and Small Enterprises (MSEs) by reimbursing the annual service fees charged by banks or financial institutions for collateral-free loans under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme.
Benefits
- Reimbursement: 100% of CGTMSE annual service fees for 5 years
- Fees covered: ~1.8% in year 1; ~0.85% from year 2 onwards
- Benefit: Makes collateral-free loans effectively free of guarantee charges
- Apply through: District Industries Centre (DIC)
💡 Why Startups Should Care
CGTMSE enables collateral-free loans for MSMEs, but its annual fees (1.8% in year 1, 0.85% thereafter) add up. Gujarat reimburses 100% of those fees for 5 years — meaning you can access collateral-free credit at no extra cost. For asset-light startups without property to pledge, this is a significant enabler.
Who Can Apply (Eligibility)
Micro or Small Enterprise registered with MSME/Udyam in Gujarat that has taken a collateral-free term loan under the CGTMSE Credit Guarantee Scheme.
Exclusions
- Available only to registered MSMEs in Gujarat
- Only CGTMSE annual service fees (not interest) are reimbursable
- Reimbursement available for up to 5 years
How to Apply
- Visit ifp.gujarat.gov.in/DIGIGOV/ and register as a new investor.
- Log in and select the Aatmanirbhar Gujarat MSME scheme — CGTMSE Fee Reimbursement.
- Fill in enterprise details and CGTMSE loan details.
- Upload the printed application form (signed and stamped), Udyam/IEM/LOI certificate, CGTMSE fee payment receipts, and bank loan sanction letter.
- Submit and note your Reference Number.
- Annual reimbursement is processed after fee payment verification.
Frequently Asked Questions
What is the "Aatmanirbhar Gujarat Scheme for Assistance to MSMEs"?
The "Aatmanirbhar Gujarat Scheme for Assistance to MSMEs" is a state initiative designed to support and strengthen the MSME sector in Gujarat. It aims to enhance growth, encourage investments, and contribute to the vision of self-reliant Gujarat and India.
When is the scheme operative?
The scheme is operative from October 5, 2022, to October 4, 2027, covering a period of five years.
What are the objectives of the scheme?
The scheme aims to boost MSME growth, enhance the industrial ecosystem, encourage investments, and contribute to Gujarat's and India's self-reliance vision.
What are some initiatives included in the scheme?
The scheme includes the establishment of new industrial estates, sector-specific parks, and infrastructure projects, along with amendments to the Gujarat Industrial Policy 2020 to further support MSME growth.
Who is eligible to benefit from the scheme?
MSMEs established and operating within Gujarat are eligible to benefit from the scheme, as per the criteria defined in the policy framework.
What is the primary purpose of the "Assistance for Reimbursement of CGTMSE Fees" component?
The scheme aims to support Micro and Small Enterprises (MSEs) by reimbursing the annual service fees paid for availing collateral-free loans under the CGTMSE scheme.
Who is eligible to apply for this scheme?
Micro and Small Enterprises (MSEs) engaged in manufacturing or allied activities and availing collateral-free term loans under CGTMSE are eligible.
What activities are excluded from the scheme?
Enterprises involved in service or trading activities are not eligible under this scheme.
How much of the service fee is reimbursed under the scheme?
The scheme provides 100% reimbursement of the annual service fees charged by banks or financial institutions for CGTMSE-backed loans.
For how long can an enterprise receive assistance under the scheme?
Eligible enterprises can receive reimbursement for a period of 5 years.
What is the deadline to apply for the reimbursement?
Applications must be submitted within one year from the first disbursement of the loan or before the commencement of commercial production, whichever is later.
Can enterprises apply for reimbursement for loans availed under previous schemes?
Yes, eligible enterprises can claim reimbursement for expenditures incurred during the operative period of the previous scheme, as per the guidelines.
What is CGTMSE, and how does it support MSEs?
CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) facilitates collateral-free loans to MSEs, helping them secure financial assistance without the need for traditional security.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Printed application form with declaration (signed by authorised person with stamp)
- Udyam registration / IEM / LOI certificate
- CGTMSE annual fee payment receipts
- Bank loan sanction letter showing CGTMSE coverage
- Bank statement showing fee deductions
- Constitution of enterprise