FINANCIAL SCHEME
Improve Credit Access with Government-Supported Rating
The Credit Rating Scheme provides financial assistance to MSMEs for getting their credit rated by recognized credit rating agencies. A good credit rating helps MSMEs access formal credit at lower interest rates, reduce collateral requirements, and improve overall financial credibility.
Under the CGTMSE scheme, credit-rated MSMEs can access collateral-free loans up to ₹2 crore. Swastik Consultants helps businesses improve their creditworthiness, get rated, and simultaneously apply for CGTMSE and other credit-linked subsidies.
Up to 75% subsidy on credit rating fees from recognized agencies
Rating from CRISIL, ICRA, CARE, SMERA, or other RBI recognized agencies covered
Quick Facts
Rating from CRISIL, ICRA, CARE, SMERA, India Ratings eligible
Up to 75% subsidy on rating fees
Improves access to collateral-free CGTMSE loans
Valid for 1 year, renewal also eligible for subsidy
Separate additional subsidy for MSEs (Micro and Small)
Better rating leads to lower interest rates from banks
Benefits of This Scheme
Better Credit Access
Rated MSMEs get faster loan approvals at better interest rates.
Collateral Reduction
Good credit rating reduces or eliminates collateral requirements.
Financial Credibility
Rating from recognized agency enhances business financial credibility.
CGTMSE Benefit
Credit rating enables access to CGTMSE collateral-free loan guarantee.
Negotiating Power
Good rating gives leverage to negotiate better terms with banks.
Business Growth
Better credit access enables faster business expansion.
Eligibility Criteria
Registered MSME with Udyam certificate
Rating from RBI or SEBI recognized credit rating agency
Application within 1 year of obtaining rating
First-time rating preferred (higher subsidy)
Valid bank account and GST registration
Income tax compliance required
Documents Required
Udyam Registration Certificate
Credit rating report from recognized agency
Invoice from credit rating agency
Payment receipt for rating fees
Bank statements (last 6 months)
Audited financial statements (last 2 years)
Income tax returns
GST registration
How Swastik Consultants Helps
Rating Agency Selection
We help select the right credit rating agency based on your business size and sector.
Financial Preparation
We help prepare financial documents to support a favorable credit rating.
Subsidy Application
We file the credit rating subsidy application after rating is obtained.
CGTMSE Integration
We simultaneously assist with CGTMSE loan guarantee application.
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