What is the CGTMSE Scheme? A brainchild of the Ministry of Micro, Small and Medium Enterprises, the CGTMSE Scheme is a unique offering which aims to bridge the gap between a business idea and its execution, offering financial support to…
CGTMSE-Loans
CGTMSE- Interest Rates
Fees and Interest rate charged under CGTMSE Scheme Being a scheme which is implemented by Member Lending Institutions (MLIs) on behalf of the government, there are certain fees and charges associated with it. One can classify the fees into two…
CGTMSE Scheme-Process of Loan Application
Steps to Follow for Loan Application under CGTMSE Scheme First of all, you can’t apply for the loan under CGTMSE Scheme online. You have to contact to the banks nearby you. Broadly, there are four steps for applying for the…
What is the CGTMSE Scheme and its advantages?
What is the CGTMSE Scheme? A brainchild of the Ministry of Micro, Small and Medium Enterprises, the CGTMSE Scheme is a unique offering which aims to bridge the gap between a business idea and its execution, offering financial support to…
How do I get a business loan in India without collateral?
You can get collateral free Business Loan in India but it has certain limits on borrowing capacities. Lenders will not be ready to provide loan more than that particular limit. FundsTiger is an Online Lending Marketplace where you can avail collateral free…
What are the factors to be considered while borrowing?
The following are the factors to be considered before the process of borrowing:- Better Analysis: The debt may be worthwhile after careful assessment of risks. A crop loan taken while sowing looks up to a possible good harvest an educational…
What are the rules to follow while taking a loan?
The following factors can help you in the process of taking a loan: 1. Ensure timely repayment:- Never miss a loan EMI repayment. Your loan repayment should be discipline make sure you don’t miss the payment. Missing an EMI or…
Can I transfer existing business loan to another bank?
Absolutely yes, you can go for a Balance Transfer for Business loan to other banks if it is really beneficial with lower interest rates. A balance transfer is where a part or all of a overdue balance/debt you have, from…
FundsTiger launches upgraded ChatBot 2.0
As we get ready to usher in the New Year, FundsTiger Team announces the launch of its new ChatBOT 2.0. When we launched the first version of the ChatBOT, FundsTiger was the First FinTech company in India to…
GST Rollout will be a Huge Boost to SME Loans through Digital Lending – Nandan Nilekani
The implementation of Goods and Services Tax (GST) should drive nearly seven million small businesses to the formal digital economy and help them get easy access to loans, said Nandan Nilekani, the technology entrepreneur and co-founder of Infosys who was…