Single format · FV09-B4

Request to lender for a facility with cover under CGSS

CGSS guarantees the lender, not the startup. The startup never applies to NCGTC. It borrows from a member institution, which decides whether to take cover and pay the fee, and usually passes the fee on. Clients hear “Rs 20 crore collateral-free” and assume a right to a loan. A guarantee does not replace a lender's credit appraisal, and a pre-revenue startup rarely gets through one.

Length
2 pages
Blanks to fill
23
Files
Word and PDF
Law stated to
16 September 2026

What it covers

  1. 1Request to lender for a facility with cover under CGSScovering letter with the loan application23 blanks

Read the opening

The first part of the format, as it downloads. Blanks are highlighted.

[Letterhead of the startup]
Date: [Date of the letter]

To
[Branch Head / Head, Startup and MSME Lending]
[Name of bank / NBFC / venture debt fund]
[Lender's address]

Subject: Application for [term loan / working capital / venture debt] facility of Rs [Facility amount (Rs crore)] crore with guarantee cover under the Credit Guarantee Scheme for Startups (CGSS)

10 more paragraphs and tables follow in the full format.

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