Emergency Credit Line Guarantee Scheme: Rs 1 lakh cr disbursed under ECLGS - Check state wise details of loans
The ECLGS was announced by the Government as a part of Aatma Nirbhar Bharat Package, to mitigate the distress caused by lockdown due to COVID-19 by providing credit to different sectors, especially MSMEs.
Interest rates under the Scheme shall be capped at 9.25% for banks and FIs, and at 14% for NBFCs. Pixabay pic.