BankCentral (Finance Ministry) Verified 2025-11-09

Emergency Credit Line Guarantee Scheme (ECLGS)

Provided 100% guarantee cover to MLIs for credit extended to MSMEs in the form of emergency working capital term loans (ECL), primarily as a response to the COVID-19 stress.

Maximum benefit value

₹0

Eligibility

  • MSMEs with outstanding loans (pre-specified date)
  • Classification not older than SMA-2
  • Business viability must be confirmed

How to apply

Automatic offer from existing lending banks/NBFCs to eligible customers.

Required documents

  • Existing Loan Documentation
  • CIBIL Report

Official sources

Verification notes

While the scheme window may have closed, the loan disbursement and guarantee obligations are active.