Emergency Credit Scheme (eclgs)

For MSME Business Owners

No matter the dream, it shouldn’t be hampered by a pandemic. A medium and small business owner even in tiring times must be given the opportunity to succeed.
To aid the MSMEs sector during COVID-19 pandemic, the Emergency Credit Line Guarantee Scheme (ECLGS) was unveiled by the Finance Ministry this year.
Keeping the government’s vision in mind, we are extending pre-approved unsecured loans guaranteed under ECLGS to fund small and medium business owners who are eligible as per revised MSME definition to get loans to sustain their business.

Loan Avail
Repayment Tenure
Interest Rates
Competitive interest rates for both Floating and Semi-Fixed interest rate loans which are fixed for the first three years

SCHEME AVAILABILITY

This scheme is valid till 30th November 2020 or Rs. 3 lakh crore is utilised by lending institutions, whichever is earlier or during any extension announced by the government in future.
Revised MSME Classification
Composite Criteria: Investment and Annual Turnover

Classification

Micro

Small

Medium

Manufacturing & Services

Investment
Rs. 1 crore

Turnover
Rs. 5 crore

Investment
Rs. 10 crore

Turnover
Rs. 50 crore

Investment
Rs. 50 crore

Turnover
Rs. 250 crore

THE ADVANTAGE

OUR SIMPLE 5 STEP SMALL BUSINESS LOAN PROCESS

A seamless experience for you through our seamless loan process
Step 1 – Fill up Business Loan Form
Our representatives will help you fill the application form
Step 2 – Loan Documents Collection
They will collect your documents at your doorstep
Step 4 – Verfication for Loan Sanction Letter
Loan agreement will be executed with a disbursal request
Step 3 – Disbursal Request for Loan Aggreement
After speedy verification, expect a sanction letter
Step 5 – Credit MSME Loan Amout in Bank A/c
Loan amount will be credit to your bank account

CHECK YOUR MSME LOAN ELIGIBILITY
NOW

CHECK YOUR ELIGIBILITY NOW

OUR SIMPLE 5 STEP LOAN PROCESS

A seamless experience for you through our seamless loan process
Step 1 – Loan Application Form
Our representatives will help you fill the application form
Step 2 – Documents Collection
They will collect your documents at your doorstep
Step 3 – Disbursal Request for Loan Aggreement

After speedy verification, expect a sanction letter

Step 4 – Verfication for Sanction Letter
Loan agreement will be executed with a disbursal request
Step 5 – Credit Loan Amout in Bank A/c
Loan amount will be credit to your bank account

NOW APPLYING FOR ECLGS IS JUST A CLICK AWAY