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Hey guys I am founder of a stock broking application "brokerbuddy" and we are in our early stage i have invested all my savings in the startup and now i am applying for a loan under ctsme sceme of 10 lakh for further development,do u think it's a mis

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Kanhaiya Bharti

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Hi Viral, First of all, hats off for the risk that you are taking. Coming now to your question, there are different types of loan provided under CGTMSE. Some are collateralized, some are not. Some has options of 75% to be paid by the CGTMSE trust, in case of default by you. Check your risk, bank balances, and expenses. Go very economic, efficient and take the decision.

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