Bank asking for property you don't have?
Under the government's CGTMSE scheme, your bank can lend up to ₹10 crore without collateral. We prepare the file the bank needs.
Takes 30 seconds · Only Arjun calls you. No agents.
You'll speak to Arjun Kulshrestha. Free · Anywhere in India · Hindi or English
- GST
- ITR
- Bank statements
- Udyam
- One file
Does this sound like you?
- The bank wants property or an FD as security.
- Your file is stuck at the branch. The bank asks for documents again and again.
- Bank limit too small for your orders? Orders are coming in, but your CC limit can't carry them.
- Your loan was turned down, or your papers came back.
None of this means your business is weak.
Five questions owners ask first.
…I already have a loan?
Often, yes. Banks look at whether your business can repay the new loan along with the old one. Bring the sanction letters of your existing loans.
…my CIBIL score is low?
It can be harder, not always impossible. Each bank sets its own minimum. A recent missed EMI usually matters more than an old one that is now cleared. We look at your report with you on the free call.
…I am a trader?
Yes. Retail and wholesale traders registered on Udyam can be covered under CGTMSE, as manufacturers and service firms can.
…my business is new?
It can work: CGTMSE covers new businesses too. A new business has no past figures, so the bank leans on your plan for how the loan will be used and repaid. Banks are usually more careful here.
…I haven't filed ITR yet?
Most banks want at least one or two years of ITR for a business loan. Some start with GST returns and bank statements for smaller amounts. If yours is not filed, we tell you what to do first.
Every bank decides on its own. Check your loan readiness in 2 minutes →
Banks turn down messy files, not good businesses.
- The bank's loan officer reads your file, not your factory. If the figures in your ITR, GST returns and bank statements don't match, the easy answer is "bring property" or "no".
- CGTMSE is a government guarantee. A government trust backs a large part of your loan to the bank, so the bank can lend up to ₹10 crore without property.
- CGTMSE charges a yearly guarantee fee. Your bank collects it: on the guaranteed amount in year one, then on what is still outstanding.
What would the guarantee cost you?
An estimate at the standard rate, before GST and any risk premium. Your bank confirms the actual fee.
See all rates
| Loan amount | Standard yearly fee |
|---|---|
| Up to ₹10 lakh | 0.37% |
| ₹10 lakh to ₹50 lakh | 0.55% |
| ₹50 lakh to ₹1 crore | 0.60% |
| ₹1 crore to ₹2 crore | 0.85% |
| ₹2 crore to ₹5 crore | 1.00% |
| ₹5 crore to ₹8 crore | 1.10% |
| ₹8 crore to ₹10 crore | 1.20% |
Standard rates for guarantees approved or renewed from 1 April 2025, per year, GST extra. Some loans carry a risk premium on top. Source: cgtmse.in.
Three steps.
A free loan check
WhatsApp us or fill the form. Arjun calls within 1 hour, any day, any time. You get a straight answer: ready, nearly ready, or not yet.
We build the file
Usually in about 2–3 weeks once we have your papers: papers checked and matched, the project report and the CMA data.
CMA data: the bank's table of your past and projected numbers. Project report: a short plan of what the loan is for and how it will be repaid.
You choose the bank; the bank decides
We help you pick a bank that suits your loan, go with your file, and answer its questions with you until it gives its answer.
What banks usually ask for.
Missing a few? Tell us. We'll tell you which ones your bank really needs.
See the document list (8 items)
- Udyam registration certificate
- GST returns for the last 12 months
- Audited financial statements and ITRs, last 2 to 3 years
- Bank statements for the last 12 months
- KYC of the business and its owners
- Sanction letters for existing loans or limits
- Project report and CMA data, for a new loan or limit
- Provisional figures for the current year
How to apply for a CGTMSE loan, in 5 steps.
Everything goes through your own bank. You don't apply to CGTMSE yourself.
Check you qualify
Udyam registration, turnover up to ₹100 crore, GST returns filed, and a credit history the bank can work with.
We help herePrepare your papers
Financial statements, GST returns, bank statements, the project report and the CMA data.
We help hereChoose the bank
Banks differ in speed and in how they handle CGTMSE. The right match saves months.
We help hereThe bank checks and sanctions
The bank reads your file, sanctions the loan and applies to CGTMSE for the guarantee. We answer its questions with you.
The bank's step, with us beside youThe bank releases the money
Once the guarantee is in place, the loan is paid out. The yearly CGTMSE fee starts from here.
The bank's step
- Bidding for tenders? We also prepare files for BG and EMD limits, the bank guarantees tenders ask for.
- Working capital too: a bigger CC or OD limit, or a renewal.
- Buyer holding your payment for months? See how the 45-day rule helps →
You'll speak to Arjun Kulshrestha, who runs every client file.
He takes the first call and stays with your file until the end. Not a call centre. Hindi or English.
We work with your CA, not instead of them.
Your CA keeps your books and returns. We build the loan file from them, the way the bank reads it. Send your CA this page before you decide.
Offices: 503, iThum Heights, Sector 62, Noida · Andheri (W), Mumbai (registered office).
What UGrowth charges.
The loan check is free. If you want us to prepare your file, there are two parts: a fixed file fee, and a success fee only if the bank releases the loan. Both are paid only by you.
| Loan amount | Our fee |
|---|---|
| Loan check (any amount) | Free |
| File fee: Up to ₹25 lakh | ₹15,000 |
| File fee: ₹25 lakh to ₹50 lakh | ₹25,000 |
| File fee: ₹50 lakh to ₹1 crore | ₹35,000 |
| File fee: ₹1 crore to ₹5 crore | ₹50,000 |
| File fee: Above ₹5 crore | ₹75,000 |
| Success fee, any loan, only after disbursement | 1% of the loan, up to ₹3 lakh |
- Included: project report, CMA data, the loan application, and follow-up with the bank until sanction and disbursement.
- File fee: half to start, half when your file is ready. The file is yours whether the bank says yes or no.
- Success fee only when the bank releases the loan money. If the bank says no, there is no success fee.
- GST extra where applicable. Your CA's certificate fees, if needed, are paid to your CA directly.
- The CGTMSE guarantee fee is separate: CGTMSE charges it through your bank (see the table above). We never charge for CGTMSE cover.
- Our fee is paid only by you. We take no fee or commission from any bank or lender.
What owners ask us.
Is the CGTMSE fee charged every year?
Yes. CGTMSE charges a yearly guarantee fee for as long as the guarantee runs: on the guaranteed amount in the first year, and on the amount still outstanding after that. Your bank collects it and decides whether to pass it on to you.
How do I apply for a CGTMSE loan?
Through your own bank, not to CGTMSE. You give the bank a complete file. The bank checks it, sanctions the loan and applies to CGTMSE for the guarantee. See the 5 steps above.
What documents do I need?
Usually: Udyam certificate, GST returns and bank statements for the last 12 months, ITRs and financial statements for the last 2 to 3 years, KYC of the business and owners, details of existing loans, and for a new loan a project report and CMA data. Your bank may ask for more. See the list.
Will a rejection spoil my CIBIL?
A rejection is not recorded as a rejection in your credit report. What is recorded is the enquiry: each time a bank checks your credit for a loan application, it shows in your report. Several enquiries in a short time can lower your score, and a lender who sees many recent enquiries with no new loan may ask why. So it is better to apply once, with a complete file, than at many banks one after another. The exact effect varies; your credit report is the final word.
How long does it take?
Preparing your file usually takes about 2 to 3 weeks once we have your papers. After that the timing is the bank's. It depends on the bank, the amount and how quickly its questions are answered. We do not promise dates.
Can you guarantee the loan?
No. The bank decides. We never promise approval. We make sure your file is complete and clear, and we stay with it until the bank gives its answer.
Does UGrowth give loans?
No. We prepare your file; your bank lends.
Do I need to visit your office?
No. We work by WhatsApp, phone and video call, anywhere in India. You are welcome at our Noida or Mumbai office if you prefer to meet.
Someone offered to "arrange" CGTMSE for a commission. Is that genuine?
CGTMSE has no agents. Never pay anyone to "arrange" it. CGTMSE deals only with banks.
Free loan check
Tap the amount, then your name, WhatsApp number and city. Arjun calls you within 1 hour, any day, any time.
Message us on WhatsApp. One line is enough: what the loan is for, and roughly how much.
WhatsApp us Call +91 98107 66280 Send this page to my CA