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Business, & agriculture finance

Credit Guarantee Scheme for Subordinate Debt (CGSSD)

Historical promoter sub-debt support equal to 50% of promoter stake or ₹75 lakh, whichever is lower, with 90% guarantee and equity/quasi-equity infusion into the .

Promoter facility50% of promoter stake in the MSME (equity plus debt) or ₹75 lakh, whichever is lower; it cannot exceed the beneficiary's original debt.Interest rateRLLR-based and aligned with existing facilities; where multiple facilities exist, the highest existing ROI applies under the page's adjustment rule.Eligible borrowerStressed but commercially viable MSME account eligible for RBI restructuring, including SMA-2 or NPA; individuals, proprietorships, LLPs, partnerships, private limited and registered companies. Fraud and wilful-defaulter accounts are excluded.
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Quick eligibility check

Credit Guarantee Scheme for Subordinate Debt (CGSSD)

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Stressed but commercially viable MSME account eligible for RBI restructuring, including SMA-2 or NPA?

Published source: Eligible borrower

2Do you meet this requirement: individuals, proprietorships, LLPs, partnerships, private limited and registered companies?

Published source: Eligible borrower

3Do you meet this requirement: Fraud and wilful-defaulter accounts are excluded?

Published source: Eligible borrower

4Do you meet this requirement: Promoter and MSME KYC?

Published source: Documents

5Do you meet this requirement: Restructuring and viability assessment?

Published source: Documents

6Document checkDo you have this required document or proof: Promoter and MSME KYC?

Published source: Documents

7Document checkDo you have at least one of these required documents: Last audited balance sheet or CA certificate/latest ITR?

Published source: Documents

8Document checkDo you have this required document or proof: Restructuring and viability assessment?

Published source: Documents

9Document checkDo you have this required document or proof: Promoter stake/equity-debt evidence?

Published source: Documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · historical
Offered byBank of Maharashtra

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Eligible borrowerStressed but commercially viable MSME account eligible for RBI restructuring, including SMA-2 or NPA; individuals, proprietorships, LLPs, partnerships, private limited and registered companies. Fraud and wilful-defaulter accounts are excluded.View source
All historical account-date and exclusion conditions reviewed.
Source
CGSSD
Page / section
Purpose, constitution and eligible criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Promoter facility50% of promoter stake in the MSME (equity plus debt) or ₹75 lakh, whichever is lower; it cannot exceed the beneficiary's original debt.View source
Stake, absolute cap and original-debt limit reviewed.
Source
CGSSD
Page / section
Quantum of Finance
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateRLLR-based and aligned with existing facilities; where multiple facilities exist, the highest existing ROI applies under the page's adjustment rule.View source
Pricing rule retained without inventing a spread.
Source
CGSSD
Page / section
Rate of Interest
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Tenure and moratoriumMaximum 10 years from guarantee availment date or 31 March 2023, whichever earlier; principal moratorium up to 7 years, with interest serviced as applied.View source
Dated validity and moratorium rows reviewed.
Source
CGSSD
Page / section
Tenor and Moratorium
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
MarginPromoter must bring 10% of the sub-debt amount as cash collateral.View source
Published margin row reviewed.
Source
CGSSD
Page / section
Margin
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Guarantee cover90% from CGTMSE and 10% from the concerned promoter; cover is uncapped, unconditional and irrevocable while the annual fee is paid.View source
Coverage and guarantee nature rows reviewed.
Source
CGSSD
Page / section
Extent of Guarantee Coverage
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Fees and closureGuarantee fee 1.50% p.a. on guaranteed outstanding amount, borne by borrower; processing fee as per extant guidelines; prepayment nil; insurance nil; other charges as per extant guidelines.View source
All fee, insurance and closure rows reviewed.
Source
CGSSD
Page / section
Guarantee Fee, Insurance, Processing Fee and Prepayment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Turnover / vintageNo turnover threshold is published. CGSE uses eligible direct/indirect exporter status and reference-date working-capital limits; CGSSD uses stressed, commercially viable MSME and restructuring criteria rather than a turnover floor.View source
CGSE and CGSSD pages were reviewed in full; neither publishes a turnover cut-off.
Source
Credit Guarantee Scheme for Exporters
Page / section
Purpose, eligibility and quantum
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeCGSE: nil processing fee. CGSSD: as per extant Bank guidelines; no numeric product-specific fee is published.View source
CGSE expressly says nil processing fee; CGSSD expressly says as per extant guidelines.
Source
CGSE and CGSSD
Page / section
CGSE key features; CGSSD parameter 18
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
CollateralCGSE: charge on primary and existing collateral securities for NCGTC, with no additional collateral or fresh guarantees. CGSSD: second charge on assets financed under existing facilities and 10% promoter cash collateral.View source
Security alternatives and promoter cash-collateral rule are taken directly from the two scheme tables.
Source
CGSE and CGSSD
Page / section
CGSE security; CGSSD margin and security
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsIndiaView source
The manually reviewed product record states: “India”.
Source
Credit Guarantee Scheme for Subordinate Debt (CGSSD) — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
DocumentsPromoter and MSME KYC; Last audited balance sheet or CA certificate/latest ITR; Restructuring and viability assessment; Promoter stake/equity-debt evidence; One-lender declaration; Equity/quasi-equity infusion and security documentsView source
The manually reviewed product record states: “Promoter and ; Last audited balance sheet or certificate/latest ; Restructuring and viability assessment; Promoter stake/equity-debt evidence; One-lender declaration; Equity/quasi-equity infusion and security documents”.
Source
Credit Guarantee Scheme for Subordinate Debt (CGSSD) — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Promoter sub-debt up to ₹75 lakh
  • 90% guarantee and 10% promoter contribution
  • Up to 7-year principal moratorium
  • Nil prepayment charge
  • Separate loan account and equity/quasi-equity infusion

Eligibility

  • Only stressed, commercially viable eligible for restructuring qualify. The page requires the account to meet historical standard/operation and SMA-2/ dates, excludes fraud/wilful-defaulter accounts and permits the facility through only one lender where multiple banking exists.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Promoter and
  • Last audited balance sheet or certificate/latest
  • Restructuring and viability assessment
  • Promoter stake/equity-debt evidence
  • One-lender declaration
  • Equity/quasi-equity infusion and security documents

Related official documents

Credit Guarantee Scheme for Subordinate Debtofficial-product-page · historical-reference · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

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Purpose · Published detailSub-debt support for restructuring stressed ; promoter infuses it as equity/quasi-equity

This value is copied from CGSSD complete parameters. Check the table notes before relying on it.

Source: CGSSD · Complete 20-parameter table Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 14 rows · 2 columnsCGSSD complete parametersView tableHide table

Scroll sideways to view every column

CGSSD complete parameters
ParameterPublished detail
PurposeSub-debt support for restructuring stressed ; promoter infuses it as equity/quasi-equity
ConstitutionIndividual, proprietorship, , partnership, private limited or registered company
ValidityUp to 10 years from guarantee availment or 31 March 2023, or ₹20,000 crore guarantee amount
EligibilityCommercially viable SMA-2/ eligible for restructuring; historical standard/operation tests; fraud/wilful defaulter excluded
Quantum50% of promoter stake or ₹75 lakh, whichever lower; not above original debt
RateExisting facility-aligned, -based; highest existing rate for multiple facilities
TenorMaximum 10 years; up to 7-year principal moratorium
Margin10% of sub-debt amount as promoter cash collateral
SecuritySecond charge on assets financed under existing facilities
Guarantee fee1.50% p.a. on guaranteed outstanding, borrower-borne
Guarantee90% + 10% promoter; uncapped, unconditional, irrevocable
InsuranceNil
ProcessingAs per extant guidelines
PrepaymentNil
CGSSD · Complete 20-parameter table · accessed 31 Aug 2026Open official source ↗

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