Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 offering by Standard Chartered Bank for Trade and Working capital borrowers

	ECLGS 5.0 Key Features
Facility Type	Term Loan for Working Capital
Validity	Scheme is available up to March 31, 2027 or on reaching the threshold stipulated by the Government of India under Emergency Credit Line Guarantee Scheme (ECLGS) 5.0
Purpose	The purpose of the scheme is to provide credit guarantee coverage of 100% for MSMEs and 90% for non-MSMEs as well as the airline sector for the default amount under additional credit facilities extended to eligible borrowers to tide over any short-term liquidity mismatches in view of West Asia crisis.
Loan Amount	Credit under the scheme would be up to 20% of the borrower’s peak fund-based working capital outstanding during the period 01-Jan-2026 to 31-Mar-2026 (both days inclusive) based on satisfactory credit assessment
Tenure	60 months including principal moratorium for the first 12 months
Pricing	EBLR* + 0.75% spread per annum (maximum cap at 9% p.a.) *External Benchmark Lending Rate (EBLR) = 3M Mibor + 2.00%

Key highlights:

All business enterprises* having fund based working capital limits from the Member Lending Institutions (MLIs) as on 31.03.2026 are eligible
The borrower’s credit facilities should be categorized as ‘standard’ (excluding SMA-2) as on 31.03.2026
Borrowers who have availed additional credit facility under Credit Guarantee Scheme for Exporters (CGSE) are not eligible under the extant scheme upto the limit already availed under CGSE
No additional collateral requirement
Nil guarantee fees, processing fees or foreclosure/ prepayment charges

*Non-MSMEs clients (as of 31.03.2026) in below sectors will be excluded from the purview of the Scheme:

Non-Banking Financial Companies
Power (Generation, transmission and distribution)
Telecom
Sugar & Ethanol
Information Technology
Paper & Paper products
Educational Institutions
Beverages (excluding Tea and Coffee) and Tobacco.

For detailed guidelines and FAQs on ECLGS 5.0, visit https://www.ncgtc.in/

Borrowers may contact their Relationship Manager for further details with respect to the scheme. Please note that the loan application on JanSamarth portal will be based on eligibility check in line with the scheme/ assessment conducted by the bank and subject to completion of documentation.

Disclaimer: The additional loans that are proposed to be provided by Standard Chartered Bank are governed by the Operational Guidelines on the Emergency Credit Line Guarantee Scheme (“Scheme”) issued by National Credit Guarantee Trustee Company (“NCGTC”) and is subject to change from time to time. The terms and conditions of the loan may be modified, varied or supplemented by the Bank from time to time in view of any changes to the Scheme by NCGTC and the Bank shall not be held liable for the same.