Which scheme provides collateral-free loans up to ₹5 crores for MSMEs?  

The Credit Guarantee Scheme for Micro & Small Enterprises (CGTMSE) facilitates collateral-free loans up to ₹5 crores, encouraging entrepreneurs to venture into self-employment opportunities.     Eligibility - The scheme is applicable to new and existing MSMEs engaged in manufacturing, trading, or services. The business must be assessed as viable and profitable by the Member Lending Institution (MLI).     Guarantee - The scheme provides a guarantee to eligible MSMEs on loans availed from MLIs, which are public, private, and foreign banks and financial institutions.     Fees - The scheme has a one-time guaranteed fee of 1.5% and an annual service fee of 0.75% on the sanctioned credit facilities. For loans up to ₹5 lakh, the fees are 1% and 0.5% respectively.