The Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0) is administered by the National Credit Guarantee Trustee Company Ltd. (NCGTC) under the Government of India and was approved by the Union Cabinet on May 5, 2026.
Originally launched as part of the Atmanirbhar Bharat Package in 2020, the fifth iteration is a revived ECLGS designed in response to the West Asia crisis of 2025-26. The scheme runs through March 31, 2027, or until guarantees of ₹2,55,000 crore are issued, whichever is earlier.
| Sr. No. | Details | Particulars | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Eligible Borrower |
Existing business enterprises (MSME and Non-MSME) with fund-based working capital limits with Vivriti Capital as on 31.03.2026. Accounts must be classified as Standard (excluding SMA-2 and < 60 DPD as reported to Bureaus) across all lenders as on 31.03.2026. |
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| 2. | New Borrowers |
Not eligible; Only borrowers with an outstanding amount on the Vivriti Capital’s books as on 31.03.2026 will qualify as eligible borrowers. |
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| 3. | Borrower Sector |
i) MSME Borrowers – All sectors eligible ii) Non MSME Borrowers – Below sectors are not eligible:
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| 4. | MSME Proof | Valid UDYAM Registration Certificate or Udyam Assist Certificate (UAC) mandatory for MSME classification. |
*While guidelines cover Airline Sector, Vivriti Capital has not included it in the scheme given the lack of current exposure.
| Loan Type | Working Capital Term Loan (additional facility over and above existing limits). |
| Quantum of Loan |
Up to 20% of peak fund-based working capital outstanding during Q4 FY26 (01.01.2026 – 31.03.2026). Peak = highest utilisation during this period. Only regular sanctioned limits (CC, OD, WCDL, WCTL) to be considered; Ad-hoc limits to be excluded. |
| Maximum Loan Amount | ₹100 crore per borrower across all MLIs combined. |
| Rate of Interest (NBFC) | Not to exceed 13% p.a. (all in) for both MSME and Non-MSME borrowers. |
| Interest Servicing | Interest to be serviced as and when due, including during the moratorium period. |
| Loan Tenor | 5 years from the date of first disbursement, including a moratorium of 1 year. |
| Guarantee Cover |
MSMEs: 100% on Amount in Default Non-MSMEs: 90% on Amount in Default |
| Guarantee Fee | NIL — no guarantee fee payable to NCGTC. |
| Processing Fee | NIL — no processing fee to be charged to borrower. |
| Pre-payment Penalty | NIL — no pre-payment penalty on early repayment. |
Borrowers can apply for loan under ECLGS by visiting JanSamarth Portal (www.jansamarth.in), self-declaring requisite details in the application form. Select Vivriti Capital as the lender and branch location as Chennai, Mumbai or Delhi based on their preferences. The loan application will be processed through the same portal.
Prior to disbursement, borrower to provide a self-declaration undertaking confirming:
The Scheme will not be applicable to enterprises who:
For further details on ECLGS 5.0, visit https://www.ncgtc.in/en/product-details/ECLGS5/Emergency-Credit%20Line%20Guarantee%20Scheme%20(ECLGS)%205.0
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Ms Namrata Kaul brings on board over 30 years of global banking experience. She has served as the Managing Director, Corporate and Investment Banking at Deutsche Bank AG. Prior to that she was Head of Asia Business for Deutsche Bank based out of London, involved in multi country interface. Ms Kaul has been involved in developing the strategy roadmap for Deutsche Bank India as part of the India Board and was instrumental in defining and executing the Asia Focus strategy for the EMEA business. She was the founder of Deutsche Bank's Diversity initiative in India. Ms Kaul had earlier worked with ANZ Grindlays Bank in various leadership roles across Treasury, Corporate Banking, Debt Capital Market and Corporate Finance in India and the UK.
Ms Kaul serves on the Board of CARE International. She is a Management Postgraduate from IIM Ahmedabad and has completed a Chevening scholarship on Leadership from London School of Economics.
