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CGTMSE fee calculator

The CGTMSE fee is a yearly rate, 0.37% to 1.20% at the standard rate, set by the size of your total covered exposure, moved by your lender's discount or premium and any concession, and charged on the amount covered in year one. Enter your loan to see your rate and fee.

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Work out your CGTMSE fee

Enter the amount the guarantee covers and anything else your business already has covered. Ask your lender which grade it is on. The boxes open on an example.

First-year fee ₹3,700

These are the example figures. Change any box to use your own.

Your rate is 0.37% a year, including GST.

Total covered exposure: ₹10,00,000
Slab: Up to ₹10,00,000: 0.37%
After a 0% concession: 0.37%
Lender's grade: Standard rate
Estimated total over the loan: ₹12,121

Estimated fee by year
Year	Charged on	Fee
1	Amount covered	₹3,700
2	Balance outstanding	₹3,151
3	Balance outstanding	₹2,519
4	Balance outstanding	₹1,793
5	Balance outstanding	₹959

Indicative. CGTMSE uses the balance on 31 December for later years, and your sanction letter and Key Facts Statement show the exact fee.

How it is calculated

How the CGTMSE fee is worked out

The fee is called the annual guarantee fee. Three things set the rate, and the amount it is charged on changes after year one.

The rate

rate = slab × (1 − concession) × (1 + lender's premium or − discount)

The slab follows the business's total covered exposure, not one loan. Each step is rounded to two decimals, which reproduces every worked example in CGTMSE's scheme document.

The fee

year 1 fee = rate × amount covered

Later years apply the rate to the amount outstanding: for a term loan, the balance on 31 December. This page estimates that balance from a standard EMI schedule.

The slabs

CGTMSE annual guarantee fee slabs, standard rate
Total covered exposure	Standard rate a year
Up to ₹10,00,000	0.37%
Above ₹10,00,000 up to ₹50,00,000	0.55%
Above ₹50,00,000 up to ₹1,00,00,000	0.60%
Above ₹1,00,00,000 up to ₹2,00,00,000	0.85%
Above ₹2,00,00,000 up to ₹5,00,00,000	1.00%
Above ₹5,00,00,000 up to ₹8,00,00,000	1.10%
Above ₹8,00,00,000 up to ₹10,00,00,000	1.20%

Where the figures come from

Where each figure on this page comes from
Figure	Source	Checked
Fee slabs, standard rate a year	CGTMSE scheme document	02-Oct-2026
The slabs apply to guarantees approved or renewed from 01-Apr-2025	CGTMSE circular 221	02-Oct-2026
Largest cover: ₹10,00,00,000 at public sector, private sector and foreign banks and select institutions; ₹2,00,00,000 at small finance, regional rural and co-operative banks	CGTMSE scheme document	02-Oct-2026
The slab follows the business's total covered exposure	CGTMSE scheme document	02-Oct-2026
Lender discount of 10%, or premium of 15%, 30%, 50% or 70%	CGTMSE scheme document	02-Oct-2026
A lender new to CGTMSE starts at the 70% premium for at least a year	CGTMSE scheme document	02-Oct-2026
Concessions of 10% each for social, geographic and ZED groups, up to 30%	CGTMSE scheme document	02-Oct-2026
The first year is charged on the amount covered, and the fee includes GST	CGTMSE scheme document	02-Oct-2026
Later years are charged on the amount outstanding	CGTMSE scheme document	02-Oct-2026
The five worked examples	CGTMSE scheme document	02-Oct-2026
The lender pays CGTMSE and may recover the fee from the borrower	CGTMSE scheme document	02-Oct-2026

Worked examples

Worked examples from the scheme document

CGTMSE's own examples for a guarantee of ₹10,00,000, recomputed by this calculator. Each rate matches the scheme document.

CGTMSE fee worked examples
Situation	Working	Rate	First-year fee
Lender with a 15% premium	0.37% slab, then 15% premium	0.43%	₹4,300
Same lender, business already has ₹20,00,000 covered	0.55% slab, then 15% premium	0.63%	₹6,300
Lender with a 10% discount	0.37% slab, then 10% discount	0.33%	₹3,300
Woman entrepreneur, lender with a 15% premium	0.37% slab, less 10% is 0.33%, then 15% premium	0.38%	₹3,800
Aspirational district and ZED-certified, lender with a 50% premium	0.37% slab, less 20% is 0.30%, then 50% premium	0.45%	₹4,500

At the standard 0.60% on ₹1,00,00,000 covered, the first-year fee would be ₹60,000. Later years are lower, because the rate applies to the balance still outstanding.

Know the limits

Limits of this calculator

You cannot see your lender's grade yourself. Ask the lender which rate it applies.
Later-year fees are estimates from a standard EMI schedule. A moratorium, prepayment or working capital limit changes them.
It covers the CGS-I scheme. The Micro Credit Card and Mudra loans carry different fees.
The fee is not refundable except in cases the scheme lists. The CGTMSE fee guide explains when.

Good to know

Questions and answers

Straight answers on the method, the sources and what the numbers do and do not mean.

How is the CGTMSE fee calculated?

Find the slab for the business's total covered exposure, take off any concession, then apply your lender's discount or premium. The fee for the first year is that rate on the amount covered. Later years apply the same rate to the amount still outstanding.

What is the CGTMSE fee for a 10 lakh loan?

The standard rate up to ₹10,00,000 is 0.37% a year, so the first-year fee on ₹10,00,000 covered is ₹3,700. With your lender's discount or premium the rate runs from 0.33% to 0.63%. A woman entrepreneur borrowing from a lender with a 15% premium pays 0.38%, or ₹3,800 in the first year.

What is the CGTMSE fee for a 1 crore loan?

A total exposure of exactly ₹1,00,00,000 falls in the 0.60% slab, which is ₹60,000 in the first year at the standard rate. Above ₹1,00,00,000 the slab is 0.85%.

Is the CGTMSE fee charged every year?

Yes, for as long as the guarantee runs. The first year is charged on the amount covered and later years on the amount outstanding. For a term loan that is the balance on 31 December, so the fee falls as you repay.

Who pays the CGTMSE fee?

The lender pays CGTMSE, and the scheme lets the lender recover the fee from the borrower at its discretion. If it is passed on, it must be shown in the Key Facts Statement and counts in the APR.

Can I get a concession on the CGTMSE fee?

Yes, 10% for each group you belong to: women, SC and ST, persons with disability, transgender and Agniveer-promoted businesses; the North East Region, Jammu and Kashmir and Ladakh for loans up to ₹50,00,000, or an aspirational or credit-deficient district; and ZED-certified businesses. Together they are capped at 30%.

Does GST apply on top of the CGTMSE fee?

No. The scheme document states the fee includes GST.

Does this calculator affect my CIBIL score?

No. It makes no credit enquiry and asks for no name, phone number or PAN. CIBIL is the credit bureau whose score and report lenders check. Like every page on this site, it uses the analytics described in our Privacy Policy and Cookie policy.

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Sources

How to read these figures

Capnix is not a lender. Rates, amounts and approvals are decided by lenders. Rates shown here are examples, not offers.

Fee slabs, lender grades, concessions, ceilings and the worked examples: CGTMSE Credit Guarantee Scheme I, scheme document updated 01-Apr-2026.
Change of slabs from 01-Apr-2025: CGTMSE Circular 221.
Later-year fees: estimated on the balance at the end of each year of a standard EMI schedule. CGTMSE uses the balance on 31 December.

Last checked: 02-Oct-2026.

The guarantee fee is one line in the cost of a loan. Lenders read the whole file.

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