The Government of India through ministry of finance has introduced the Emergency Credit Line Guarantee Scheme (ECLGS) for providing 100% guarantee coverage for additional working capital term loans up to 20% of entire outstanding credit to all Business Enterprises/MSME institutions/PMMY borrowers, as a measure to revive the business operations.
Eligibility under the scheme:
Business Enterprises/MSME institutions/PMMY borrowers with,
a. Total credit outstanding up to Rs. 25.00 crore
b. DPD<60 days
c. Total turnover up to Rs. 100.00 crores in the FY 2019-20

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