Guarantee Scheme of Credit Guarantee fund for Micro Units (CGFMU)
New or existing micro unit / enterprise as defined in the MSMED Act, 2006, who meets eligibility criteria and whose credit requirement does not exceed the specified limit. Specified limit of the loan shall be Rs.10 lakh or such other amount as may be decided by the Fund from time to time.
From time to time bank deducts this CGFMU fees from customer accounts.
For more information visit : www.ncgtc.in
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