Credit Guarantee Scheme for Microfinance Institutions (CGSMFI-2.0)

Category: Economy (GS-III)

Ministry

Finance Ministry

Validity

Extended till

31 August 2026

Loan Limit

Earlier

₹300 crore

Now

₹1000 crore

(for large NBFC-MFIs)

Guarantee Cover

• Small → 80%
• Medium → 75%
• Large → 70%

UPSC Importance

Financial Inclusion

Microfinance

Priority Sector Lending