NCGTC Scheme

TJSB Sahakari Bank Ltd. offers finance under Emergency Credit Line Guarantee Scheme (ECLGS) introduced by National Credit Guarantee Trustee Company (NCGTC).

Purpose :

  • To provide relief and support to Business Enterprises, MSMEs, Individuals (availing loans for business purpose) by providing assistance for working capital needs, meet operational liabilities and expenses and help them to resume their businesses affected due to COVID-19 pandemic.

Validity :

  • The scheme will remain in force upto March 31, 2022 or upto reaching guarantee amount of Rs. 4.5 Lakh Crore by Government of India. The last date of disbursement has been extended upto June 30, 2022.

Key Features :

  • 100% Government Guarantee for the exposure under ECLGS scheme.
  • Processing Charges: Nil
  • Prepayment charges: Nil
  • No additional Collateral security required. But second charge to be extended on securities and cash flows held for existing credit facilities.
  • There are four Variants under the scheme. For viewing variant wise features of the scheme, applicants are requested to check the below link,

    Variant Specific Parameters of ECLGS, Click here
  • In order to avail the credit assistance under NCGTC scheme, applicants are requested to approach to their nearest Branch.
  • For Operating Guidelines and FAQs, please log on to www.eclgs.com or www.ncgtc.in