IND CGSE Credit Guarantee Scheme for Exporters
IND –CGSE (Credit Guarantee Scheme for Exporters)
| Parameter | Norms |
| Name of the Product | IND –CGSE (Credit Guarantee Scheme for Exporters) |
| Eligible Borrowers:
|
(i) Direct exporters
a) MSME units with at least 5 per cent of their annual sales through US exports b) Other units (Non-MSME), with at least 20 per cent of their annual sales through US exports. (ii) Indirect exporters a) MSME units who supply at least 30 per cent of their annual sales to above mentioned direct exporters. Eligibility for (i) and (ii): List of Sectors impacted by US-tariffs are enclosed as Annexure-II |
| Eligible Criteria | · For direct exporters – must have active export working capital limits with the Bank at the time of sanction/disbursement of this loan.
· For indirect exporters – must have active domestic working capital limits with the Bank at the time of sanction/disbursement of this loan. · The borrower must not be classified as SMA-2 or above by any lender as on 30.09.2025 (i.e., should not exceed 60 days overdue) and not an NPA as on the date of sanction / disbursement. · Sanctioning authority must verify the borrower’s total outstanding and DPD through credit bureau checks. · MSMEs must possess a valid Udyam Registration Number. |
| Purpose | To provide guarantee coverage for credit extended to eligible exporters (direct and indirect), including MSME exporters. |
| Validity | The scheme would be available for loans sanctioned to eligible borrowers till 31.03.2026 or till issue of guarantees for loans amounting to Rs.20,000 crore, whichever is earlier. |
| Nature of facility | · Term Loan.
· Separate Loan account to be opened. |
| Loan amount | · Direct exporters: Upto 20 per cent of sanctioned export working capital limits (fund based and non-fund based).
· Indirect exporters: Upto 20 per cent of the sanctioned working capital limits (fund based and non-fund based) · Maximum Loan Amount: ₹50 crore per borrower (in rupee currency only) across all lenders. · Working capital limits (i.e. Export working capital limits for Direct exporters; Domestic working capital limits for indirect exporters) existing on September 30, 2025 to be considered for the calculation of proposed facility. · For indirect exporters, if the outstanding fund-based balance is lower than the sanctioned amount, the available WC limit shall be first utilized before extending the CGSE facility. |
| Margin | Nil |
| Rate of Interest | · Maximum ROI capped at 10% p.a., subject to extant RBI guidelines. |
| Loan Tenor and Moratorium Period | · 4 years fixed, (Door-to Door), including 1 year moratorium.
· The loan to be repayable in equal monthly instalments after the moratorium period. |
| Processing charges | No processing fee |
| Guarantors | No fresh personal/ corporate guarantee or extension of existing personal/corporate guarantee be obtained. |
| Credit Guarantee coverage | 100% Guarantee cover by NCGTC. |
| Guarantee Fee | Nil |
Disclaimer
The content has been translated from the English version using indigenously developed Artificial Intelligence capabilities (Bhashini, developed by MeitY). In the event of any ambiguity or doubt, users are advised to refer to the original English content for clarification.
All information, materials, advice, suggestions, illustrations, notifications, circulars, and other items on this website are collectively referred to as the “Content.”
Indian Bank assumes no responsibility for any errors, omissions, inaccuracies, or typographical mistakes that may appear in the Content. Indian Bank does not provide any warranty or representation regarding the Content and expressly disclaims all liabilities.
Any action taken by users on the basis of such Content shall be entirely at their own risk and responsibility.
Indian Bank reserves the right to modify, correct or update any part of the Content at any time.
No portion of the Content may be displayed or printed without prior written approval of Indian Bank.
As the translated Content has been generated using AI, we encourage suggestions for improvement.
Suggestions may be submitted at:
https://bhashini.gov.in/bhashadaan/en/home