Sarkari Yojana
Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance for Reimbursement of CGTMSE Fees
About Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance for Reimbursement of CGTMSE Fees
The Industries and Mines Department, Gujarat, launched the “Aatmanirbhar Gujarat Scheme for MSMEs” as an umbrella scheme to give momentum to the state’s dynamic MSME sector, which plays an important part in employment, GDP and exports. Covering October 5, 2022, to October 4, 2027, it promotes growth and investment in the spirit of “Aatmanirbhar Gujarat” and “Aatmanirbhar Bharat.” The “Assistance for Reimbursement of CGTMSE Fees” component supports Micro and Small Enterprises (MSEs) financially by paying back the annual service fees that banks or financial institutions charge on collateral-free loans under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme.
Scheme Overview
State Government
Business Entity
05 Oct 2022
Scheme Details
Eligibility Requirements
To qualify for Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance for Reimbursement of CGTMSE Fees, applicants must satisfy the following conditions:
Micro and Small Enterprises (MSEs) that have taken…
Micro and Small Enterprises (MSEs) that have taken a collateral-free term loan under the CGTMSE Credit Guarantee Scheme are eligible.
The MSE must apply to the relevant District…
The MSE must apply to the relevant District Industries Centre (DIC) within one year from the loan's first disbursement or before commercial production begins (whichever is later).
The annual service fee for the CGTMSE-covered loan…
The annual service fee for the CGTMSE-covered loan must have been paid by the enterprise.
Benefits Provided
Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance for Reimbursement of CGTMSE Fees provides the following benefits to eligible applicants:
Reimbursement of Fees:
Annual service fees paid to banks or financial institutions on collateral-free loans under CGTMSE are reimbursed in full, i.e. 100%, for 5 years.
Annual Service Fees:
1st Year-1.8% + Risk Premium; 2nd Year onwards:0.85%or as revised by the CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprise) Trust/RBI from time to time.
Documents Required
Applicants should keep the following documents ready before starting the application:
A print of the application form carrying the…
A print of the application form carrying the declaration and undertaking, signed by an authorised person with name, designation and the enterprise's rubber stamp.
Udyog Aadhaar / Udyam Registration acknowledgment, photocopied
Udyog Aadhaar / Udyam Registration acknowledgment, photocopied.
Sanction letter of the term loan, photocopied
Sanction letter of the term loan, photocopied.
Term loan account statement / the bank's first-disbursement…
Term loan account statement / the bank's first-disbursement certificate, photocopied.
The enterprise's constitution (for partnerships, the registered partnership…
The enterprise's constitution (for partnerships, the registered partnership deed), photocopied.
The enterprise's DPR for projects up to ₹5…
The enterprise's DPR for projects up to ₹5 crores, photocopied; for projects beyond ₹5 crores, a bank appraisal report will be requested by the DIC.
Shop & Establishment Certificate (needed by service sector…
Shop & Establishment Certificate (needed by service sector enterprises within municipal corporations).
GST registration, photocopied (where applicable)
GST registration, photocopied (where applicable).
The enterprise's PAN card, photocopied
The enterprise's PAN card, photocopied.
Last financial year's ITR stating plant & machinery…
Last financial year's ITR stating plant & machinery value, photocopied (a first-time self-declaration is accepted from new enterprises).
Birth certificate/school leaving certificate, photocopied (for entrepreneurs younger…
Birth certificate/school leaving certificate, photocopied (for entrepreneurs younger than 35 years on the bank loan sanction date).
Caste certificate issued by a competent authority, photocopied
Caste certificate issued by a competent authority, photocopied.
Differently abled person's certificate issued by a competent…
Differently abled person's certificate issued by a competent authority, photocopied.
CTE from the GPCB, photocopied (where applicable)
CTE from the GPCB, photocopied (where applicable).
Any one self-certified/certified land document, e.g
Any one self-certified/certified land document, e.g. 7/12 Utara, Namuna 6, copy of index, property card, etc.
NA permission (where applicable)
NA permission (where applicable).
Notarised rent deed (agreement) plus the owner's proof/affidavit…
Notarised rent deed (agreement) plus the owner's proof/affidavit of ownership of the land/property, photocopied.
Lease deed (agreement) plus the owner's proof of…
Lease deed (agreement) plus the owner's proof of ownership of the land/property, photocopied.
Property tax receipt, photocopied (for service activities)
Property tax receipt, photocopied (for service activities).
Board resolution conferring signing authority (for partnerships, LLPs,…
Board resolution conferring signing authority (for partnerships, LLPs, Pvt. Ltd., or Limited Companies).
Declaration and undertaking on other investments in Gujarat
Declaration and undertaking on other investments in Gujarat.
Balance sheet annexure stating the gross fixed capital…
Balance sheet annexure stating the gross fixed capital investment of the previous financial year.
CA certificate stating the gross fixed capital investment…
CA certificate stating the gross fixed capital investment prior to beginning expansion/diversification/forward or backward integration.
2022-10-05
How to Apply
Online Application
Applicants can apply for Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance for Reimbursement of CGTMSE Fees through the online application process outlined below.
Application Process
Registration Process:
Step-1: Get onto the Investor Facilitation Portal (IFP) portal and click "New Investor Registration", which opens the registration form.
Step-2: Provide your information in the Registration Form and confirm with "Submit".
Step-3: To verify the E-mail ID, click the link emailed to your registered E-mail ID.
Step-4: The registration is successful once this verification is completed.
Post-Registration Process:
Step-1: Get onto the Investor Facilitation Portal (IFP) portal and click "Login".
Step-2: Fill in the email address and password tied to your registration.
Step-3: Click on the "Login" button to go into your account.
Step-4: Enter the necessary details of your enterprise and upload the mandatory documents to finish applying.
Helpdesk
:
Contact Here
Exclusions / Who Is Not Eligible
- Enterprises engaged in service or trading activities are not eligible under this scheme.
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Official Application & Website
Verify the latest eligibility, dates and instructions before applying.