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COMMERCIAL - Emergency Credit Line Guarantee Scheme (ECLGS)

About the Emergency Credit Line Guarantee Scheme (ECLGS)

In view of the economic distress caused by the COVID-19 pandemic, the Finance Ministry of India announced the Emergency Credit Line Guarantee Scheme (ECLGS) as a  part of the ₹ 20 lakh crore comprehensive package for our existing Business Enterprises/MSMEs to build up their current assets for working capital requirement and or to meet operational liabilities and restart their business.

  • Name of the Facility - Guaranteed Emergency Credit Line (GECL)
  • Facility Type - Term Loan


  • All Business Enterprises / MSME borrower accounts with combined outstanding loans of up to ₹ 25 crores as on February 29, 2020, and annual turnover of up to ₹ 100 crores for FY 2019-20 are eligible for the Scheme.
  • Total Outstanding Amount would comprise of the on-balance sheet exposure. Off-balance sheet and non-fund-based exposures will be excluded.
  • Loans provided to Business Enterprises / MSMEs constituted as Proprietorship, Partnership, registered company, trusts and Limited Liability Partnerships (LLPs) shall be eligible under the Scheme.
  • Loans provided in individual capacity are not covered under the Scheme.
  • The Scheme is valid for existing customers only.
  • Borrower accounts should be less than or equal to 60 days past due as on February 29, 2020 in order to be eligible under the Scheme. Borrower accounts which had NPA or SMA-2 status, as on February 29, 2020 shall not be eligible under the Scheme.
  • Business Enterprises / MSME borrower must be GST registered in all cases where such registration is mandatory. This condition will not apply to Business Enterprises / MSMEs that are not required to obtain GST.
For detailed guidelines and FAQs on ECLGS, visit

If you are an existing Corporate customer* of Tata Capital, you can Opt-In for the Emergency Credit Line Guarantee Scheme (ECLGS) by clicking on the button below.

* Includes the following products: Working Capital Loans, Channel Finance, Commercial Term Loans, Loan Against Shares, Equipment Financing, Construction Equipment and Commercial Vehicle Loans