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IND ECLGS 5.0

IND ECLGS 5.0

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IND ECLGS 5.0

(Emergency Credit Line Guarantee Scheme)

 

Detailed Scheme Features of IND ECLGS-5.0
S No. Parameter Norms
1.   Name of the Product IND – Emergency Credit Line Guarantee Scheme (ECLGS)-5.0
2.   Eligible Borrowers:

 

 1.    MSMEs/Non MSMEs (except Airline sector)

·         All business enterprises having fund based working capital limits from the Lending Institutions as on 31.03.2026.

·         The borrower’s existing credit facilities should be classified as Standard (excluding SMA-2) as on 31.03.2026 across all the lenders.

·         The borrower must not be classified as an NPA with any lender as on the date of sanction and / disbursement of loan under the scheme.

·         Borrowers who have availed additional credit facility under Credit Guarantee Scheme for Exporters (CGSE) are not eligible under the extant scheme upto the limit already availed under CGSE.

·         List of sectors under non-MSME segment, which are excluded from the purview of the Scheme.

1.    Non-Banking Financial Companies

2.    Power (Generation, transmission and distribution)

3.    Telecom

4.    Sugar & Ethanol

5.    Information Technology

6.    Paper & Paper products

7.    Educational Institutions

8.    Beverages (excluding Tea and Coffee) and Tobacco

2.    Airline Sector (Scheduled passenger airline sector)

·         Business enterprises involved in the scheduled airlines sector with outstanding credit facilities (both fund based and non-fund based) from the Lending Institutions as on 31.03.2026

·         The borrower’s existing credit facilities should be classified as Standard (excluding SMA-2) as on 31.03.2026 across all the lenders.

·         The borrower must not be classified as an NPA with any lender as on the date of sanction and / disbursement of loan under the scheme.
3 Eligible Criteria ·         Existing Loans sanctioned for business purpose only eligible for additional funding.

·         The borrower’s existing credit facilities should not be classified as SMA-2 or above as on 31.03.2026 by any of the lender.

·         Sanctioning authority must verify the borrowers Days past due status across lending institutions through CIC, to assess the eligibility of the borrower.

·         MSMEs must possess a valid Udyam Registration Number.
4 Purpose To provide timely liquidity support to business to sustain their operations/ project and maintain supply chains.
5 Validity The scheme would be available for loans sanctioned to eligible borrowers till 31.03.2027 or till guarantees for an amount of Rs 2,55,000 crore are issued, whichever is earlier.
6 Nature of facility ·         Term Loan.

·         Separate Loan account to be opened.
7 Loan amount MSMEs and Non-MSMEs (except Airline Sector):

·         Additional credit up to 20% of peak fund-based working capital outstanding utilized during Q4 of FY 2025-26,(i.e between 01.01.2026 to 31.03.2026 both days inclusive),  Subject to maximum of  Rs 100 Cr per borrower (from the entire banking system).

Airlines Sector:

·         Additional Credit Up to 100% of peak credit outstanding (FB+NFB) during the Q4 of FY 2025-26,(i.e between 01.01.2026 to 31.03.2026 both days inclusive),  Subject to maximum of Rs 1,500 crore per borrower(from the entire banking system).

·         Any amount beyond Rs 1,000 Cr and Upto Rs 1500 crore to be permitted only with a proportionate equity contribution from the promoters / owners.
8 Margin             Nil
9 Loan Tenor and Moratorium Period
Type of Borrower Total Repayment

(Door to Door)- Months

 Moratorium-Months Principal Repayment
MSMEs/Non MSMEs (except Airline sector): 60 12 48
Airline sector 84 24 60
10 Processing charges No processing fee.
11 Credit Guarantee coverage ·         MSMEs: 100% on amount in Default as Credit Guarantee Coverage.

·         Non-MSMEs including airline sector: 90% on Amount in Default as Credit Guarantee Coverage.
12 Guarantee Fee Nil

 

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( Last modified on May 18, 2026 at 06:05:01 PM )

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