Bank Credit Facilitation
To meet the credit requirements of MSME units NSIC has entered into a Memorandum of Understanding with various Nationalized and Private Sector Banks .Through syndication with these banks, NSIC arranges for credit support (fund or non fund based limits) from banks without any cost to
MSMEs. Furthermore the MSMEs can upgrade their competence in terms of business and technologies by getting themselves rated through independent, renowned and professional rating agencies
on behalf of the Ministry of MSME, wherein MSEs units are rated in terms of performance and credit
parameters. The MSE’s which get rated under NSIC-Performance and Credit Rating Scheme not only has a liberty to get rated from any one of rating agencies of its preference but it also invariably increases their creditability in business and help them in getting timely credit from banks at liberal rates of interest.
All documentations pertaining to completion and submission of a credit proposals to banks shall be undertaken by NSIC thereby saving cost and time to MSME.
asked questions (FAQs)
To send in your loan enquiries , please contact at the below
given addresses: firstname.lastname@example.org.
download loan application forms from the banks under BANK CREDIT
FACILITATION SCHEME the website address of the banks are given:-