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SetuBridge Solutions

₹10 Lakh to ₹5 Crore Funding

Government Funding Schemes for MSMEs

PMEGP, CGTMSE, MUDRA, Stand-Up India, CGSS and more — we match your business to the schemes it actually qualifies for, prepare the file, and stay with it until the money is in your account.

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  • Collateral-free options
  • Subsidy up to 35%
  • 15+ central & state schemes
  • Bank follow-up included
Funding range
₹10L – ₹5Cr
Capital subsidy
15% – 35%
Collateral
Not always needed
Typical timeline
45 – 90 days
Schemes covered
15+
₹45Cr+
Disbursed
700+
Businesses helped
85%
Approval rate
45 days
Average sanction

What Is Government Schemes?

The Government of India runs dozens of credit and subsidy schemes for micro, small and medium enterprises — and most business owners either do not know they exist or apply under the wrong one and get rejected. A rejected file is not a small setback: it sits in the bank's records, and the next application is harder.

SetuBridge starts from the opposite end. We look at your constitution, vintage, sector, turnover, promoter category and the purpose of the funds first, and only then decide which scheme (or combination of schemes) gives you the best mix of quantum, subsidy and speed. Sometimes that is PMEGP because of the 15–35% margin money subsidy; sometimes it is a CGTMSE-backed working capital limit because you have no collateral to offer; often it is a term loan under one scheme plus a subsidy claim under another.

From there it is execution: project report, financial projections that a credit officer will actually accept, the full documentation set, portal filing, DIC/KVIC or bank-level interviews, and follow-up through appraisal, sanction, documentation and disbursement. You get one point of contact for all of it.

Schemes We Cover

These are the central schemes we file under most often. Your state will usually have its own industrial policy on top, which we check separately.

Benefits

What you actually gain from Government Schemes.

  1. Money you never repay

    Margin money and capital subsidies of 15–35% are grants, not loans. On a ₹50 lakh project that can be ₹10–17 lakh that permanently reduces your borrowing.

  2. Funding without collateral

    CGTMSE guarantee cover lets banks lend up to ₹5 crore without third-party collateral — the single biggest unlock for businesses whose assets are already mortgaged.

  3. Cheaper than the alternative

    Scheme-linked credit is priced far below NBFC and unsecured lending, and tenures are longer, which keeps your monthly outflow manageable while the unit stabilises.

  4. A file that gets approved

    Correct scheme, complete papers, projections in the format the credit officer expects. That combination is why our approval rate sits around 85% against a much lower self-filed average.

Eligibility

Check where you stand before applying — we confirm all of this on the first call anyway.

Business profile

  • Proprietorship, partnership, LLP, private limited or registered society — the right scheme depends on which one you are.
  • New units (greenfield) qualify for PMEGP and Stand-Up India; existing units with 2+ years of financials qualify for expansion, CGTMSE and CLCSS-type support.
  • Manufacturing, service, trading, food processing and allied activities are all covered, though each scheme excludes some activities from its negative list.
  • Udyam registration is effectively mandatory — if you do not have it yet, we do it first (it is free and same-day).

Promoter profile

  • Age 18 and above; some schemes have an upper age band set by the lender.
  • For PMEGP, 8th standard pass is required where project cost exceeds ₹10 lakh (manufacturing) or ₹5 lakh (service).
  • SC/ST, OBC, women, ex-servicemen, minority, PH and North-East/hill-area applicants get a higher subsidy slab and lower own contribution.
  • No wilful default; a workable CIBIL score. Below roughly 650 we will tell you to repair it first rather than waste an application.

Financial position

  • Own contribution of 5–10% for subsidy schemes, and typically 10–25% margin for ordinary term loans.
  • A viable, documented business activity — not just an idea. Orders, quotations or existing sales strengthen the file considerably.
  • Existing borrowers should have a clean repayment record; irregular accounts are the single most common rejection reason.
  • No overlap with a subsidy already availed for the same asset under another central scheme.
Free · 1 minute · no documents

See where you actually stand

Answer 6 questions about your business and we will tell you which schemes you are likely to qualify for — and which you are not, with the reason. It is the same check our advisors run on the first call.

  • Covers PMEGP, MUDRA, Stand-Up India and CGTMSE
  • Tells you what you will not get, and why
  • An expert reviews your answers free

How We Help You Get Government Schemes

What we handle for you, and the order we do it in.

  • Scheme eligibility mapping

    A written assessment of every central and state scheme your business qualifies for, with the quantum, subsidy and catch for each — so you choose with full information.

  • Detailed Project Report (DPR)

    Bank-format project report with technical write-up, machinery quotations, cost of project, means of finance and a break-even analysis that stands up to appraisal.

  • Financial projections

    Three to five years of projected P&L, balance sheet, cash flow and ratio analysis (DSCR, current ratio, TOL/TNW) built to the lender's own benchmarks.

  • Portal filing & application

    Complete online filing on the relevant portal — kviconline (PMEGP), Jan Samarth, Stand-Up India, udyamimitra, CGTMSE — plus the physical file for the branch.

  • Bank & agency liaison

    We handle branch queries, DIC/KVIC interviews, EDP formalities, technical inspections and every clarification the appraising officer raises.

  • Subsidy claim & post-sanction

    Margin money / capital subsidy claim filing after disbursement, plus help with the lock-in and utilisation compliance so the subsidy is not clawed back.

  1. 1

    Free consultation and profiling

    Day 1

    We understand the business, the amount you need, what it is for, and what security you can offer. You get an honest read on whether funding is realistic right now.

  2. 2

    Scheme selection and eligibility report

    2 – 3 days

    A written comparison of the schemes you qualify for, with quantum, subsidy, interest, collateral requirement and expected timeline for each. You pick; we do not push.

  3. 3

    Documentation and project report

    5 – 10 days

    We collect and vet every document, then build the DPR and financial projections. This is where most self-filed applications fail, and where the bulk of our work sits.

  4. 4

    Application filing

    1 – 2 days

    Online submission on the scheme portal plus the physical file to the selected branch, with an acknowledgement you can track.

  5. 5

    Appraisal, interview and sanction

    30 – 60 days

    Branch appraisal, DIC/KVIC interview where applicable, technical or unit inspection, and resolution of every query the credit team raises. We follow up in writing and in person.

  6. 6

    Disbursement and subsidy claim

    15 – 30 days

    Loan documentation, security creation, disbursement in tranches against utilisation, then the margin money or capital subsidy claim and its adjustment.

Why Choose SetuBridge

What working with us is actually like.

  • We tell you when the answer is no

    If you are not eligible, or the timing is wrong, or your credit record needs fixing first, we say so on the first call — before you have paid us anything.

  • One team, start to finish

    The same people who assess your case prepare the file and follow it up. You are not handed to a different desk after the sale, and you never re-explain your business.

  • 700+ businesses across 28 states

    We have run this process across 28 states and most sectors, so we know which departments, portals and branches move quickly and which need chasing.

  • Fees agreed in writing, upfront

    You know the cost before work starts. We never ask you to pay anything to a government official or bank employee, and no legitimate consultant will.

  • Follow-up is the actual work

    Most applications do not fail at filing — they stall at an unanswered query or a missed deadline. Chasing those to closure is the bulk of what we do for you.

  • You keep every document

    Certificates, acknowledgements, login credentials and filed copies are handed over to you. Nothing is held back to keep you dependent on us.

Frequently Asked Questions

  • There is no single best scheme — it depends on whether your unit is new or existing, your constitution, sector, turnover, promoter category and what the money is for. A new manufacturing unit usually gets the most value from PMEGP because of the margin money subsidy. An existing unit needing working capital without collateral is better served by a CGTMSE-backed limit. Our eligibility report compares all of them side by side for your specific case.

  • Yes, in many cases. Under CGTMSE the credit guarantee fund covers the lender for a large part of the exposure, so banks can sanction collateral-free facilities up to ₹5 crore. MUDRA loans up to ₹20 lakh and Stand-Up India loans are also structured to be collateral-free. A guarantee fee applies, and the promoter's personal guarantee is still normally taken.

  • Under PMEGP the margin money subsidy is 15–35% of project cost depending on whether the unit is rural or urban and whether the promoter falls in a special category (SC/ST, OBC, women, minority, ex-servicemen, PH, North-East). Special-category applicants in rural areas get the top slab of 35%. Other schemes such as CLCSS-type technology upgradation support work on a different basis — typically a percentage of plant and machinery cost up to a ceiling.

  • From engagement to disbursement, plan on 45 to 90 days. Documentation and project report take 1–2 weeks, filing is quick, and the bulk of the time sits with the bank's appraisal and sanction cycle. Files that are complete and correctly matched to the scheme move at the faster end of that range.

  • Usually not yet. A weak score or an existing irregular account is the most common reason for rejection, and a rejection makes the next attempt harder. We will tell you plainly if that is your situation and what to fix — settling overdues, closing a defaulted account, correcting a wrongly reported entry — before we file anything.

  • No, and you should be wary of anyone who does. The sanction decision belongs to the bank and the scheme authority. What we control is the quality and completeness of the application, the choice of scheme, the choice of lender, and the follow-up — which is what moves the odds from poor to good.

  • Sometimes, and often it is the right strategy — for example a term loan under one scheme with a working capital limit under another, or a credit facility plus a separate capital subsidy claim. What you cannot do is claim two central subsidies against the same asset. We structure the combination so nothing conflicts.

  • The first consultation and the eligibility assessment are free. Beyond that our fee depends on the scheme, loan size and scope of work, and it is agreed in writing before we begin. We do not ask for anything to be paid to bank officials, and no genuine consultant will.

Government fees, scheme limits and eligibility norms are revised from time to time. Figures on this page are indicative — our team confirms the rules in force on the day of filing before you commit to anything.

Find out which government scheme fits your business

Talk to a SetuBridge advisor. We'll tell you honestly whether this is the right fit for your business — no charge for the first conversation.

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Official Notice
SetuBridge Solutions Pvt. Ltd. is the only official entity under the SetuBridge brand✦We have no association with other 'Setu' named companies✦Always verify authenticity before engaging✦