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Emergency Credit Line Guarantee Scheme (ECLGS)


The Government of India, through ministry of finance has introduced the Emergency Credit Line Guarantee Scheme (ECLGS) by providing 100% guarantee coverage for additional working capital term loans up to 20% of entire outstanding credit of existing borrowers as a measure to revive the business operations.

Eligibility under the scheme:



Business Enterprises/MSME institutions/PMMY borrowers with:
  • Total credit outstanding with all lenders up to Rs. 25.00 crore as on 29th Feb.2020
  • DPD<60 days
  • Total turnover up to Rs.100.00 crores in the FY’2019-20


For more details, visit https://www.eclgs.com/

Contact your branch to know the eligibility and for submitting application

   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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