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How to fill out the Cgtmse Claim Form online
The Cgtmse Claim Form enables users to apply for a guarantee cover and claim under the Credit Guarantee Fund Scheme for Micro and Small Enterprises. This guide provides step-by-step instructions on how to effectively fill out the form online, ensuring that your application is complete and accurate.
Follow the steps to successfully complete the Cgtmse Claim Form online.
- Press the ‘Get Form’ button to download the Cgtmse Claim Form, allowing you to open and edit it in a suitable format.
- Begin by entering your online claim application reference number and the date on the designated fields at the top of the form.
- Provide your operating office and lending branch details. This includes member ID, lending branch name, and contact information such as the village/town, district, state, telephone number, and email address.
- Fill in the borrower’s or unit's details, including name and complete address, ensuring you also specify the district and state along with the telephone number.
- Indicate the status of accounts by providing the date when the account was classified as non-performing asset (NPA), the date of reporting to CGTMSE, reasons for account classification as NPA, and the date of recall notice issuance.
- Detail any legal proceedings related to the borrower. This requires marking the forum type, entering the suit registration number, the name and location of the forum, along with the date, amount claimed, and current status of the proceedings.
- List out all term loan or composite loan details, specifying amounts and relevant dates regarding disbursement and outstanding balances for principal, interest, and other charges.
- Complete the working capital limit details by filling in outstanding amounts as of the NPA date and other specified categories for loans or limits covered under CGS.
- Provide details about security and personal guarantees, including types of security, respective values, and any reasons for value reduction over time.
- Document any recoveries made from the borrower after account classification as NPA, indicating the amounts and modes of recovery.
- Summarize the total amount for which the guarantee claim is being preferred, highlighting amounts claimed and eligibility calculations based on outstanding loans or limits.
- Complete the declaration and undertaking section at the end of the form, ensuring it is filled out by an authorized officer of the lending institution, followed by their signature, designation, and relevant seals.
- Review the checklist provided at the end of the form to ensure all necessary information and documentation is included before submission.
Start filling out your Cgtmse Claim Form online today to ensure your application is submitted accurately and efficiently.
INTRODUCTION. Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is jointly set up by Ministry of Micro, Small & Medium Enterprises (MSME), Government of India and Small Industries Development Bank of India (SIDBI) to catalyse flow of institutional credit to Micro & Small Enterprises (MSEs).
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