Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0)

Introduction of Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0): A Brief Insight

A business can be financially healthy and still face a temporary cash shortage. Rising fuel costs, delayed shipments, late payments from buyers, and higher operating expenses can leave businesses short of money for wages, raw materials and other essential needs. The Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0) of the Government of India aims to support businesses during such situations. Under this scheme, the Government provides a guarantee to the lender, encouraging banks and financial institutions to offer additional working capital loans to existing borrowers.

The scheme is still on the books, but most of its guarantee cover has already been used. According to the Government, lenders had received guarantees worth ₹2,50,024 crore by 20 August 2026, against the total guarantee limit of ₹2.55 lakh crore. Reports state that the scheme is operating on a first come, first served basis and that the Government has decided to discontinue it. However, we have not found an official order confirming its closure. Therefore, applicants should check the availability of the guarantee cover with their lender before applying.

The Union Cabinet approved the scheme on 5 May 2026. It is the fifth scheme of its kind, following the earlier Emergency Credit Line Guarantee Schemes introduced by the Government.

The Department of Financial Services, Ministry of Finance, introduced the scheme, while the National Credit Guarantee Trustee Company Limited (NCGTC) implements it. NCGTC provides the credit guarantee to eligible lenders registered under the scheme.

The main objective is to help businesses manage temporary cash flow problems caused by external disruptions, including the conflict in West Asia, as reported. The scheme aims to facilitate additional credit of up to ₹2.55 lakh crore to help businesses continue their operations and retain their workers.

An MSME or an eligible larger business can receive an additional loan of up to 20% of its peak fund-based working capital utilisation during January to March 2026, subject to a maximum of ₹100 crore per borrower. A scheduled passenger airline can receive an additional loan of up to 100% of its peak credit outstanding during the same period, subject to a maximum of ₹1,500 crore.

The Government provides a credit guarantee covering 100% of the amount in default for MSMEs and 90% for eligible larger businesses and scheduled passenger airlines. The scheme does not charge any guarantee fee. The loan repayment period is 5 years, including a 1-year principal moratorium for MSMEs and eligible non-MSMEs. For scheduled passenger airlines, the repayment period is 7 years, including a 2-year principal moratorium.

The scheme covers existing borrowers who had a working capital facility as of 31 March 2026 and whose loan accounts were classified as standard on that date. Banks can charge an interest rate of up to 0.75% over the applicable benchmark, subject to a maximum of 9%. Finance companies can charge an interest rate of up to 13%. However, larger businesses operating in certain sectors, including power, telecom and tobacco, are not eligible for the scheme.

Applicants do not need to apply directly to NCGTC. They can submit their applications through the Jan Samarth Portal. The concerned lender assesses the application, decides whether to sanction the additional loan and applies to NCGTC for the guarantee, subject to the availability of the scheme’s guarantee cover.

For assistance, applicants can contact their lender’s relationship manager or write to the NCGTC helpdesk in Mumbai. The contact address, email ID and telephone numbers are provided in the contact section below.

Entrepreneurs planning to establish a new unit and seeking a subsidy along with a loan can explore the Prime Minister’s Employment Generation Programme. Business owners who want to improve product quality, productivity and manufacturing standards can also learn about the MSME Champions Scheme.

Owners of small businesses who need a relatively smaller loan can explore the Pradhan Mantri Mudra Yojana. Founders of recognised startups seeking credit guarantee support can also check the Credit Guarantee Scheme for Startups.

Women, Scheduled Caste and Scheduled Tribe entrepreneurs planning to establish or expand a business can read about the Stand Up India Scheme. Businesses seeking a machinery loan with credit guarantee support can also explore the Mutual Credit Guarantee Scheme for MSMEs.

Business owners, MSME entrepreneurs, manufacturers, traders and other applicants looking for loan, credit and enterprise support programmes offered by the Central Government can explore the available schemes on our Central Government Welfare Schemes page.

Latest Update on Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0)

The Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0) received Cabinet approval in May 2026. Within a few months, lenders had used almost the entire guarantee limit. The following timeline highlights the major developments and the latest position of the scheme.

• Current Status: No official closure order has been identified. However, the guarantee allocation for MSMEs and larger businesses has been exhausted. Lenders may therefore sanction loans without ECLGS 5.0 guarantee coverage.
• Loan Without Guarantee: A loan sanctioned beyond the available guarantee limit does not receive ECLGS 5.0 coverage. Ask your lender to confirm the guarantee status in writing.
• Jan Samarth Portal: Check the Jan Samarth Portal to see whether applications are still being accepted. The application form’s current status could not be verified.
• Airline Guarantee Cover: Reports mention a separate allocation of ₹5,000 crore for airlines. The remaining amount has not been confirmed.
• Existing Guaranteed Loans: Loans sanctioned with valid ECLGS 5.0 coverage retain their guarantee for the applicable loan period. Borrowers should keep their sanction letters and repayment records safe.
• Other Credit Options: Businesses that cannot obtain ECLGS 5.0 support can ask their lenders about other options, including the Mutual Credit Guarantee Scheme for MSMEs, which supports eligible machinery loans.
• Future Updates: Check for official announcements or NCGTC circulars regarding the scheme’s closure, extension or any additional guarantee allocation.
• Keep Documents Ready: Maintain your January to March 2026 account statements, working capital sanction letters and Udyam certificate for reference if additional guarantee cover becomes available.

Benefits Provided to Eligible Beneficiaries

The Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0) provides additional working capital support to eligible existing borrowers through banks and financial institutions. The Government of India introduced this scheme to help businesses manage cash flow requirements and continue their operations during financial difficulties. Under the scheme, the National Credit Guarantee Trustee Company Limited (NCGTC) provides a credit guarantee to the lender, making it easier for eligible businesses to access additional loans.

Benefits for MSME and Non-MSME Businesses

• Eligible businesses can get an additional working capital loan of up to 20% of their peak fund-based working capital utilisation between January and March 2026.
• The maximum additional loan is ₹100 crore per borrower, including loans taken from multiple lenders.
• The additional loan is provided separately from the existing working capital limit, so the borrower’s current credit facility remains unchanged.
• The loan has a tenure of 5 years, including a 1-year principal repayment moratorium.
• The maximum interest rate is 9% per annum for loans from banks and 13% per annum for loans from eligible financial institutions and NBFCs.
• Eligible borrowers do not have to pay any guarantee fee under the scheme.
• Applicants can submit their applications through the Jan Samarth portal without preparing a new project report.

Benefits for Scheduled Passenger Airlines

• Eligible scheduled passenger airlines can receive an additional loan of up to 100% of their peak credit outstanding between January and March 2026.
• The maximum loan amount is ₹1,500 crore per borrower.
• For a loan amount exceeding ₹1,000 crore, the promoters or owners must contribute additional equity for the amount above this limit.
• The loan has a tenure of 7 years, including a 2-year principal repayment moratorium.
• The interest rate is determined according to the lender’s board-approved policy.
• No guarantee fee is charged under the scheme.

Credit Guarantee Cover Provided to Lenders

NCGTC provides a credit guarantee to eligible lending institutions against the amount in default. The guarantee coverage differs according to the borrower’s business category.

• MSME borrowers: 100% guarantee coverage on the amount in default.
• Eligible non-MSME businesses: 90% guarantee coverage on the amount in default.
• Scheduled passenger airlines: 90% guarantee coverage on the amount in default.
• The guarantee remains valid throughout the loan tenure, subject to the scheme’s terms and conditions.

ECLGS 5.0 Loan and Guarantee Details

Examples of Additional Loan Calculation

The following examples explain how lenders calculate the additional loan amount under ECLGS 5.0:

• Example 1: If an MSME used a peak working capital amount of ₹10 crore between January and March 2026, it can receive an additional loan of up to ₹2 crore, subject to the scheme conditions. NCGTC provides 100% guarantee coverage on the amount in default.
• Example 2: If an eligible non-MSME business used a peak working capital amount of ₹800 crore during the same period, 20% of the amount comes to ₹160 crore. However, the maximum loan limit is ₹100 crore per borrower. Therefore, the business can receive up to ₹100 crore, with 90% guarantee coverage.
• Example 3: If a scheduled passenger airline had peak credit outstanding of ₹1,200 crore between January and March 2026, it can receive an additional loan of up to ₹1,200 crore. However, the promoters or owners must contribute equity for the ₹200 crore exceeding the ₹1,000 crore threshold.

Difference Between ECLGS 5.0 and Other Credit Guarantee Schemes

ECLGS 5.0, the Credit Guarantee Scheme for Exporters and the Mutual Credit Guarantee Scheme for MSMEs serve different credit requirements. The following table highlights their main differences.

Progress and Guarantee Coverage Utilised

According to the Government’s explainer dated 5 September 2026, NCGTC had issued 6,73,979 guarantees worth ₹2,50,024 crore by 20 August 2026. This represents approximately 98% of the scheme’s total guarantee allocation of ₹2.55 lakh crore.

The scheme was originally valid until 31 March 2027 or until the Government issued guarantees worth ₹2.55 lakh crore, whichever occurred earlier. Reports also indicate that lenders were instructed to process eligible applications on a first come, first served basis because the available guarantee allocation was nearly exhausted. Applicants should confirm the availability of guarantee cover with their lender before proceeding.

How ECLGS 5.0 Supports Businesses

• Provides additional working capital to manage wages, supplier payments and other business expenses.
• Helps eligible businesses maintain regular operations during temporary cash flow difficulties.
• Provides additional time to repay the principal through the applicable moratorium period.
• Allows eligible borrowers to access additional credit without replacing their existing working capital limits.

Important Points to Know Before Applying

• The credit guarantee protects the lender against the specified amount in default. It does not waive the borrower’s repayment obligation.
• The borrower must repay the loan, including applicable interest, according to the lender’s repayment schedule.
• Interest continues to accrue during the principal repayment moratorium.
• If a borrower has received an additional loan under the Credit Guarantee Scheme for Exporters, the lender deducts the overlapping amount while calculating the eligible ECLGS 5.0 loan.
• The lender must verify the borrower’s eligibility and the availability of guarantee cover before sanctioning the loan.
• Applicants should approach their existing lender for details about loan sanction, repayment, security requirements and recovery procedures.
• Do not pay unauthorised agents or intermediaries who promise guaranteed loan approval or scheme benefits.

Eligibility Conditions Required to be Fulfilled

The Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0) provides additional working capital loans to eligible existing borrowers affected by financial or business disruptions. The scheme covers MSMEs, eligible non-MSME businesses and scheduled passenger airlines that meet the prescribed conditions. To qualify, borrowers must have an existing working capital facility, maintain a satisfactory loan repayment record and meet the scheme’s sector-specific requirements.

Who Can Apply

• Micro, Small and Medium Enterprises (MSMEs) from any sector.
• Non-MSME businesses operating in eligible sectors.
• Scheduled passenger airlines with existing credit facilities.
• Businesses that had a working capital facility with an eligible lender on 31 March 2026.

Account Status and Repayment Conditions

• The borrower’s loan accounts must have been classified as standard with all lenders on 31 March 2026.
• The accounts must not have been in the Special Mention Account (SMA) category of 61 to 90 days.
• No repayment should have remained overdue for more than 60 days.

Sectors Excluded for Non-MSME Businesses

Non-MSME businesses operating in the following sectors cannot avail the scheme:

• Non-Banking Financial Companies (NBFCs)
• Power generation, transmission and distribution
• Telecom
• Sugar and ethanol
• Information technology
• Paper and paper products
• Educational institutions
• Beverages other than tea and coffee
• Tobacco

If a non-MSME business operates in both eligible and excluded sectors, the lender determines its eligibility based on the share of turnover generated from eligible sectors during FY 2025-26. These sector restrictions do not apply to MSMEs.

Eligible Loan Amount and Guarantee Coverage

• MSMEs and eligible non-MSME businesses can receive an additional loan of up to 20% of their peak fund-based working capital utilisation during January to March 2026.
• The maximum additional loan limit for MSMEs and non-MSME businesses is ₹100 crore per borrower, across all lenders combined.
• Scheduled passenger airlines can receive an additional loan of up to 100% of their peak credit outstanding during the same quarter, subject to a maximum of ₹1,500 crore.
• Airline loans exceeding ₹1,000 crore and up to ₹1,500 crore require a proportionate equity contribution from promoters or owners.
• The guarantee coverage is 100% for MSMEs and 90% for eligible non-MSME businesses and scheduled passenger airlines.
• The additional loan must be separate from the borrower’s existing working capital facilities.

Eligibility Restrictions for Exporters

• Borrowers who received additional credit under the Credit Guarantee Scheme for Exporters cannot claim ECLGS 5.0 benefits for the same amount.
• The lender deducts the amount received under the exporters’ scheme while calculating the eligible loan amount.

Eligible Lending Institutions

• Scheduled Commercial Banks
• Scheduled Urban Co-operative Banks
• Eligible Financial Institutions
• Eligible Non-Banking Financial Companies (NBFCs)

The lending institution must register with the National Credit Guarantee Trustee Company Limited (NCGTC) to provide loans under ECLGS 5.0. Borrowers must submit their applications through the Jan Samarth portal.

Scheme Validity and Availability of Guarantee Cover

• The scheme is scheduled to operate until 31 March 2027, or until guarantees worth ₹2.55 lakh crore are issued, whichever comes first.
• By 20 August 2026, guarantees worth ₹2,50,024 crore had already been issued against the total scheme cover.
• Guarantees are issued on a first come, first served basis within the available cover, as reported by lenders.
• A loan sanctioned beyond the available guarantee cover will not receive protection under the scheme.
• Once issued, the guarantee remains valid for the entire loan tenure.

Before applying, confirm with your lender whether it is registered with NCGTC and whether sufficient guarantee cover is available. The lender independently assesses the application and decides whether to sanction the additional loan. If you do not qualify for ECLGS 5.0, you can also explore the Mutual Credit Guarantee Scheme for MSMEs for other credit support options.

Documents Required to be Attached

The Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0) provides additional working capital support to eligible existing borrowers through banks and financial institutions. The scheme covers eligible MSMEs, non-MSME businesses and scheduled passenger airlines. Applicants must submit their details through the Jan Samarth portal and complete the lender’s verification process. The following documents may be required, depending on the business category and loan facilities.

Keep the relevant business registration documents, existing working capital loan records, account statements and credit-related certificates ready before applying. Your lender may also ask for additional documents to verify eligibility and calculate the eligible loan amount.

Business Identity Documents

• PAN Card of the business
• GST Registration Certificate
• Proprietorship proof, Partnership Deed or Certificate of Incorporation
• Udyam Registration Certificate or Udyam Assist Certificate (for MSMEs)
• Aadhaar Card and PAN Card of the proprietor, partners or directors
• Business address proof
• Registered mobile number and email ID

Existing Working Capital Loan Documents

• Working capital loan sanction letters as of 31 March 2026
• Latest bank or loan account statements
• Details of sanctioned and utilised working capital limits

Peak Working Capital Documents

• Cash Credit (CC) account statements for January, February and March 2026
• Overdraft (OD) account statements
• Statements of other fund-based working capital facilities
• Peak utilisation statement for the last quarter of FY 2025-26
• Working capital statements from all lending institutions, if applicable

Loan Account and Credit Documents

• Credit Report
• Standard Account Status Certificate as of 31 March 2026
• Loan repayment statements
• Details of overdue amounts, if any
• Loan account statements from other lenders, if applicable

Additional Documents for Non-MSME Businesses

• Turnover Statement for FY 2025-26
• Sector-wise turnover details
• Business activity details

Additional Documents for Scheduled Passenger Airlines

• Details of fund-based and non-fund-based credit facilities
• Peak credit outstanding statement for the last quarter of FY 2025-26
• Standard Account Status Certificate
• Proof of proportionate equity contribution for loans above ₹1,000 crore

Documents Related to the Exporters Scheme

• Sanction Letter under the Credit Guarantee Scheme for Exporters, if applicable
• Details of the additional loan received under that scheme

Jan Samarth Portal Application Details

• Applicant and business details
• Selected lending institution details
• Self-declaration submitted through the portal
• Jan Samarth application number

Note: The lender may ask for additional documents during verification. Applicants should confirm the final document checklist and availability of the remaining guarantee cover with their selected lender before applying.

How Beneficiaries Can Apply to Avail the Benefit of this Scheme

The Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0) allows eligible existing borrowers to get an additional working capital loan through their bank or financial institution. You do not need to apply directly to the National Credit Guarantee Trustee Company Limited (NCGTC). Instead, you submit your application through the Jan Samarth portal, and your lender checks your eligibility and processes the loan.

The Government had allocated a total guarantee cover of ₹2.55 lakh crore under this scheme. According to the Government’s explainer, NCGTC had already issued guarantees worth ₹2,50,024 crore by 20 August 2026. Reports also indicate that the available cover is nearly exhausted and applications are being considered on a first come, first served basis. Therefore, before filling out the application, contact your existing lender and confirm whether it can still obtain the guarantee for your loan.

Follow the steps below to understand the application process for MSMEs, larger businesses and scheduled passenger airlines.

Before You Start

Step 1: Check whether your business had an existing working capital loan, such as a cash credit or overdraft facility, from a bank or eligible financial institution on 31 March 2026. This scheme is meant for existing borrowers, not businesses applying for their first working capital loan.

Step 2: Check your loan account status on 31 March 2026. Your account must have been classified as standard and should not have been overdue for more than 60 days.

Step 3: Collect your bank statements for January, February and March 2026. Find the highest amount your business used from its working capital limit during these three months. The lender will use this figure to calculate your eligible additional loan.

Step 4: Calculate 20% of the highest amount used during this period. This is the maximum additional loan available to eligible MSMEs and non-MSME businesses, subject to the overall limit of ₹100 crore per borrower across all lenders.

Step 5: Keep your business documents ready, including PAN, GST registration, business constitution documents, Udyam Registration Certificate (for MSMEs), existing loan sanction letters and bank statements. Refer to the documents section of this guide for the complete list.

Ask Your Lender First

Step 1: Contact the bank or finance company that already provides your working capital facility. You should approach your existing lender because the scheme provides additional credit to existing borrowers.

Step 2: Ask your relationship manager whether the lender is registered with NCGTC for ECLGS 5.0 and whether guarantee cover is still available for your loan.

Step 3: Ask the lender to confirm the availability of guarantee cover in writing. Simply receiving a loan from a bank does not mean that the loan is covered under ECLGS 5.0. The lender must obtain the guarantee under the scheme.

Step 4: If the lender confirms that guarantee cover is available, proceed with the relevant application method below. If the lender cannot obtain the guarantee, check the alternative options explained under the heading “If the Cover Is Over”.

Method 1: If You Are an MSME

Step 1: Visit the ECLGS 5.0 application page on the Jan Samarth portal. This is the online platform through which eligible borrowers can submit their applications.

Step 2: Register on the portal using your mobile number and email address. If you already have an account, log in with your existing details.

Step 3: Select the Emergency Credit Line Guarantee Scheme 5.0 from the available scheme options.

Step 4: Enter your business details, Udyam Registration information and existing working capital loan details. Fill in the information according to your official business and bank records.

Step 5: Enter the highest working capital amount your business used between January and March 2026. Check your bank statements before entering the figures because the lender will verify this information.

Step 6: Select the bank or financial institution that already provides your working capital facility.

Step 7: Review the information and submit your application. Save the application number or acknowledgement for future reference.

Step 8: After submission, your lender will verify your details and calculate the eligible loan amount. Eligible MSMEs can receive 100% guarantee coverage on the amount in default. The loan has a tenure of 5 years, including a 1-year principal repayment moratorium. The applicable interest rate for bank loans is subject to a maximum of 0.75% above the external benchmark rate, with an overall ceiling of 9%.

Method 2: If You Are a Larger Business and Not an MSME

Step 1: First, check whether your business operates in a sector covered under ECLGS 5.0. The scheme excludes non-MSME businesses operating in sectors such as NBFCs, power, telecom, sugar and ethanol, information technology, paper and paper products, educational institutions, beverages other than tea and coffee, and tobacco.

Step 2: If your business operates in more than one sector, calculate how much of its total turnover in FY 2025-26 came from eligible sectors. The lender will use this information to assess your eligibility.

Step 3: Visit the Jan Samarth ECLGS 5.0 portal and follow the same registration and application process explained for MSMEs. Enter your business details and provide the required sector-wise turnover information.

Step 4: Submit the application and note down its reference number. Your lender will verify the information before deciding the eligible loan amount.

Step 5: Eligible non-MSME businesses can receive an additional loan of up to 20% of their peak working capital utilisation, subject to a maximum limit of ₹100 crore. NCGTC provides 90% guarantee coverage on the amount in default. The loan tenure is 5 years, including a 1-year principal repayment moratorium. For bank loans, the interest rate is subject to a maximum of 0.75% above MCLR, with an overall ceiling of 9%.

Method 3: If You Are a Scheduled Passenger Airline

Step 1: Collect the details of your existing credit facilities as of 31 March 2026. Check your records to identify the highest credit outstanding during January, February and March 2026.

Step 2: Visit the Jan Samarth portal and select the ECLGS 5.0 application option. Register or log in and enter the required airline and credit facility details.

Step 3: Select your existing lender and submit the application with the required information. Keep the application reference number for tracking and future communication.

Step 4: An eligible scheduled passenger airline can receive an additional loan of up to 100% of its peak credit outstanding during January to March 2026, subject to a maximum limit of ₹1,500 crore. If the loan amount exceeds ₹1,000 crore, the promoters or owners must contribute additional equity for the amount above ₹1,000 crore.

Step 5: The loan carries 90% guarantee coverage on the amount in default and has a tenure of 7 years, including a 2-year principal repayment moratorium. The lender determines the interest rate according to its board-approved policy.

Method 4: If You Took an Additional Loan Under the Exporters Scheme

Step 1: Find the sanction letter for the additional loan you received under the Credit Guarantee Scheme for Exporters. Check the amount mentioned in the letter.

Step 2: Inform your existing lender about this loan before applying under ECLGS 5.0. You cannot receive a duplicate loan benefit for the same amount under both schemes.

Step 3: Submit your ECLGS 5.0 application through the Jan Samarth portal. The lender will deduct the overlapping amount under the Exporters Scheme while calculating your eligible loan amount.

What Happens at the Lender

Submitting an application on the Jan Samarth portal does not automatically mean that you will receive the loan. Your existing lender must verify your details, calculate the eligible amount and complete the guarantee process. The lender follows these steps:

Step 1: The lender checks your working capital account and its status as of 31 March 2026.

Step 2: It verifies your application details, bank statements and other documents to calculate the maximum loan amount allowed under the scheme.

Step 3: If you meet the eligibility conditions and guarantee cover is available, the lender processes and sanctions the additional loan.

Step 4: Read the loan sanction letter carefully before accepting the offer. Check the loan amount, interest rate, repayment period, moratorium and other applicable conditions. Keep a copy of the sanction letter and related documents.

Step 5: The lender opens a separate account for the additional loan. Your existing working capital limit remains separate and continues according to its original terms.

Step 6: No guarantee fee is payable under ECLGS 5.0. Lenders have also stated that no processing fee or early repayment penalty is charged under the scheme. Confirm all applicable charges with your lender before accepting the loan.

What the Lender Does With NCGTC

You do not need to complete these steps yourself. The lender handles the guarantee process with NCGTC after processing your application. Here is how it works:

Step 1: The lender must be registered with NCGTC to provide loans under ECLGS 5.0.

Step 2: After verifying and sanctioning your loan, the lender submits the required loan details to NCGTC through its designated portal to obtain the guarantee.

Step 3: If the loan is released in multiple instalments, the lender reports each disbursement separately to NCGTC.

Step 4: The lender creates a second charge on the existing securities and assets created from the loan, as required under the scheme. It must complete this process within 90 days of the first loan disbursement.

After You Get the Loan

Step 1: Use the additional loan for working capital requirements, such as paying wages, purchasing raw materials and meeting regular business expenses.

Step 2: Use the principal repayment moratorium to manage your business finances. During this period, you do not have to repay the principal, but interest remains payable according to the loan terms.

Step 3: Pay the interest and instalments on time. Remember that the government guarantee protects the lender, not the borrower. You remain responsible for repaying the complete loan amount.

Step 4: If your business faces financial difficulties, contact your lender as early as possible. Do not wait until your loan account becomes overdue.

If the Cover Is Over

Step 1: If your lender informs you that guarantee cover is no longer available under ECLGS 5.0, ask for written confirmation. You can also ask the lender about other suitable business loan options.

Step 2: If you need a loan to purchase machinery or equipment, read our guide to the Mutual Credit Guarantee Scheme for MSMEs. It supports eligible MSMEs in obtaining term loans for plant, machinery and equipment.

Step 3: If you run a micro or small enterprise and need a business loan without collateral, read our guide to the Credit Guarantee Scheme for Micro and Small Enterprises.

Step 4: You can also approach another bank or eligible financial institution and compare its interest rate, repayment conditions and applicable charges before choosing a loan.

Step 5: Do not pay any agent or middleman who promises to arrange a loan or guarantee under ECLGS 5.0.

If You Need Help

Step 1: Contact the relationship manager or branch of the bank or financial institution that provides your existing working capital facility.

Step 2: If you need clarification about the guarantee process, contact NCGTC through the email address provided on its official contact page.

Important: You cannot apply directly to NCGTC for the ECLGS 5.0 guarantee. You must apply through the Jan Samarth portal, and your existing lender will verify the application and obtain the guarantee from NCGTC. The guarantee does not make the loan free or remove your repayment responsibility. Since the available guarantee cover may be limited, confirm its availability with your lender before completing the application.

Important Links Available of the Scheme

• ECLGS 5.0 Official Scheme Guidelines and Details, NCGTC
• ECLGS 5.0 Explainer: Loan Limits, Interest Rates and Eligible Sectors, Press Information Bureau
• ECLGS 5.0 Latest Progress and Guarantees Issued, Press Information Bureau
• ECLGS 5.0 Government Backgrounder, PDF
• ECLGS 5.0 Frequently Asked Questions (FAQs), NCGTC, PDF
• Apply Online for ECLGS 5.0, Jan Samarth Portal
• Udyam Registration Portal, Ministry of MSME
• National Credit Guarantee Trustee Company Limited (NCGTC), Official Website
• NCGTC Contact Details and Grievance Support

Contact Details in Case of Help Needed

• Office: National Credit Guarantee Trustee Company Limited (NCGTC), Department of Financial Services, Ministry of Finance, 1410, 14th Floor, Parinee Crescenzo, Plot No. C-38 and C-39, G-Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra – 400051
• ECLGS 5.0 Helpdesk Email: eclgs5.0@ncgtc.in
• Helpdesk Phone: 022-69035634, 022-69035625 and 022-69035611
• Board Number: 022-69035600
• General Email: info@ncgtc.in
• Grievance Email: grievance@ncgtc.in
• Your Lender: The relationship manager of the bank or the finance company that gave you your working capital limit, who decides on your loan and who asks NCGTC for the guarantee

Frequently Asked Questions (FAQs)

Tabassum

Tabassum is a government schemes researcher and writer with 5 years of experience tracking Central and State welfare scheme programmes across India. She has covered 500+ schemes spanning agriculture, women welfare, education, and housing, helping lakhs of beneficiaries understand their entitlements in simple language.