SIDBI: Guarantee Scheme for MSEs

SIDBI: Guarantee Scheme for MSEs

Purpose :

Guarantee shall be provided on behalf of industrial concerns & service sector units in Micro & Small Enterprises Sector (MSEs).

Product:

  • Both Financial and Performance Guarantee.

  • DPGs

Purpose of Guarantees:

Guarantee shall be issued only for the customer’s normal trade / business.

Nature of requirement:

Guarantee shall also be offered for meeting the adhoc / one time requirement of the borrower

Eligible customers:

  • Existing customers (industrial concerns and eligible Service Sector units in MSE Sector) with satisfactory track record.

  • New customers (MSEs sector and eligible Service Sector units) shall also be considered both fund based and non fund based limits.

  • Guarantee would not be available as a standalone facility, i.e. Guarantee would not be considered on behalf of customers who have not / are not willing to avail debt assistance from SIDBI.

Financial Parameters:

Satisfying minimum financial parameters under the scheme.

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