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Business, & agriculture finance

Guaranteed Emergency Credit Line (GECL)

Historical ECLGS-backed emergency finance in fund and non-fund forms, with component-specific limits, moratoriums and 100% guarantee cover.

Component quantumECLGS 1.0: 20% of fund-based outstanding up to ₹50 crore reference exposure; extensions up to 30%. ECLGS 2.0: up to 30% up to ₹500 crore. ECLGS 3.0: up to 50% capped ₹200 crore (₹400 crore aviation; ₹1,500 crore airlines). ECLGS 4.0: up to ₹2 crore for on-site oxygen plants.RateFor funded facilities, the page directs borrowers to published component pricing. For non-funded ECLGS 1.0–3.0 facilities: MSME RLLR + 0.05% capped at 9.25%; non-MSME MCLR + 0.20%–1% capped at 9.25%. ECLGS 4.0 is RLLR/MCLR-linked capped at 7.5%.Component eligibilityBusiness enterprises, MSMEs and qualifying individual business borrowers; ECLGS 2.0 covers 26 Kamath Committee sectors and healthcare, ECLGS 3.0 hospitality/travel/aviation and related sectors, and ECLGS 4.0 specified oxygen-producing healthcare units.
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Quick eligibility check

Guaranteed Emergency Credit Line (GECL)

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Business enterprises, MSMEs and qualifying individual business borrowers?

Published source: Component eligibility

2Do you meet this requirement: ECLGS 2.0 covers 26 Kamath Committee sectors and healthcare, ECLGS 3.0 hospitality/travel/aviation and related sectors, and ECLGS 4.0 specified oxygen-producing healthcare units?

Published source: Component eligibility

3Do you meet this requirement: Existing-lender and credit-bureau exposure evidence?

Published source: Documents

4Do you meet this requirement: Business/entity KYC and GST where mandatory?

Published source: Documents

5Do you meet this requirement: Reference-date account conduct records?

Published source: Documents

6Document checkDo you have this required document or proof: Existing-lender and credit-bureau exposure evidence?

Published source: Documents

7Document checkDo you have this required document or proof: Business/entity KYC and GST where mandatory?

Published source: Documents

8Document checkDo you have this required document or proof: Reference-date account conduct records?

Published source: Documents

9Document checkDo you have this required document or proof: Management certificate for qualifying individual business loans?

Published source: Documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · historical
Offered byBank of Maharashtra

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Component eligibilityBusiness enterprises, MSMEs and qualifying individual business borrowers; ECLGS 2.0 covers 26 Kamath Committee sectors and healthcare, ECLGS 3.0 hospitality/travel/aviation and related sectors, and ECLGS 4.0 specified oxygen-producing healthcare units.View source
All component eligibility paragraphs and historical reference dates reviewed.
Source
GECL
Page / section
Eligibility criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Component quantumECLGS 1.0: 20% of fund-based outstanding up to ₹50 crore reference exposure; extensions up to 30%. ECLGS 2.0: up to 30% up to ₹500 crore. ECLGS 3.0: up to 50% capped ₹200 crore (₹400 crore aviation; ₹1,500 crore airlines). ECLGS 4.0: up to ₹2 crore for on-site oxygen plants.View source
All component percentage/cap rows retained.
Source
GECL
Page / section
Quantum of Finance
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Component tenorECLGS 1.0: 4 years; 1.0 Extension: 5 years; 2.0: 5 years; 2.0 Extension: 6 years; 3.0/Extension: 6 years; 4.0: 5 years, subject to the page's historical disbursement dates.View source
All component tenor rows reviewed.
Source
GECL
Page / section
Tenure
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
RateFor funded facilities, the page directs borrowers to published component pricing. For non-funded ECLGS 1.0–3.0 facilities: MSME RLLR + 0.05% capped at 9.25%; non-MSME MCLR + 0.20%–1% capped at 9.25%. ECLGS 4.0 is RLLR/MCLR-linked capped at 7.5%.View source
All non-funded pricing rows retained; no funded rate inferred.
Source
GECL
Page / section
Rate of Interest / commission
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
CollateralNo additional collateral for additional GECL funding; second charge on financed assets and existing-security arrangements apply by component.View source
Security and no-additional-collateral rows reviewed.
Source
GECL
Page / section
Security and Collateral
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Guarantee cover100% NCGTC cover on the outstanding eligible facility, subject to the component's historical reduction rules for some non-funded facilities.View source
Coverage and non-funded reduction note reviewed.
Source
GECL
Page / section
Guarantee Coverage
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
FeesNo guarantee fee; processing fee nil; prepayment charges nil. Comprehensive insurance with bank clause is required for charged securities.View source
All visible fee and insurance rows reviewed.
Source
GECL
Page / section
Guarantee Fee, Insurance, Processing Fee and Prepayment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Turnover / vintageNo universal turnover threshold is published for these guarantee schemes. Eligibility is tied to each scheme's reference-date limits, borrower sector/status, project type, Udyam/manufacturing status or account classification as described in the source page.View source
The scheme pages specify exposure, sector and account-status tests but no universal turnover floor.
Source
ECLGS 5.0 and related guarantee schemes
Page / section
Complete scheme pages reviewed
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeECLGS 5.0, GECL and LGSCATSS publish nil processing fee or nil applicable charges. LGSCAS, MCGS-MSME and other guarantee schemes direct other service charges to extant Bank guidelines rather than publishing a product-specific numeric fee.View source
Each reviewed page's published nil/extant-guideline wording is preserved; no fee is inferred where only extant guidelines are cited.
Source
ECLGS, GECL, LGSCAS, LGSCATSS and MCGS-
Page / section
Fee and charges rows on each scheme page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsIndiaView source
The manually reviewed product record states: “India”.
Source
Guaranteed Emergency Credit Line (GECL) — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
DocumentsExisting-lender and credit-bureau exposure evidence; Business/entity KYC and GST where mandatory; Reference-date account conduct records; Management certificate for qualifying individual business loans; Existing-security and guarantee recordsView source
The manually reviewed product record states: “Existing-lender and credit-bureau exposure evidence; Business/entity and where mandatory; Reference-date account conduct records; Management certificate for qualifying individual business loans; Existing-security and guarantee records”.
Source
Guaranteed Emergency Credit Line (GECL) — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • ECLGS 1.0 through 4.0 component routes
  • Up to 20%, 30% or 50% of reference outstanding depending on component
  • 100% guarantee cover
  • No additional collateral
  • No prepayment penalty
  • Funded, non-funded or combined facilities by component

Eligibility

  • Eligibility is component-specific and uses historical reference dates, credit-outstanding bands and days-past-due rules. Accounts classified /SMA-2 on the applicable reference date are excluded, subject to the page's stated exceptions and business-purpose conditions.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Existing-lender and credit-bureau exposure evidence
  • Business/entity and where mandatory
  • Reference-date account conduct records
  • Management certificate for qualifying individual business loans
  • Existing-security and guarantee records

Related official documents

Guaranteed Emergency Credit Line (GECL)official-composite-product-page · historical-reference · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹22,897twenty-two thousand eight hundred ninety-seven rupees
Interest paid over the full loan₹29,95,201twenty-nine lakh ninety-five thousand two hundred one rupees
Everything you repay₹54,95,201fifty-four lakh ninety-five thousand two hundred one rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

ECLGS 1.0 · Facility/quantum20% of fund-based outstanding up to ₹50 crore

This value is copied from GECL/ECLGS component parameters. Check the table notes before relying on it.

Source: GECL · Complete facility table Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 7 rows · 4 columnsGECL/ECLGS component parametersView tableHide table

Scroll sideways to view every column

GECL/ECLGS component parameters
ComponentFacility/quantumTenor and moratoriumRate/guarantee
ECLGS 1.020% of fund-based outstanding up to ₹50 crore4 years; 1-year principal moratorium non-fund +0.05%, cap 9.25%; 100%
ECLGS 1.0 ExtensionUp to 30% net of 1.0 support up to ₹50 crore5 years; 2-year principal moratoriumSame component pricing; 100%
ECLGS 2.0Up to 30% net support up to ₹500 crore5 years; 1-year principal moratorium non-fund +0.05%, cap 9.25%; 100%
ECLGS 2.0 ExtensionUp to 30% net support up to ₹500 crore6 years; 2-year principal moratoriumSame component pricing; 100%
ECLGS 3.0Up to 50%, cap ₹200 crore; aviation ₹400 crore6 years; 2-year principal moratoriumNon-fund commission cap 0.5% for 3.0; 100%
ECLGS 3.0 ExtensionUp to 50%, cap ₹200 crore; airlines up to ₹1,500 crore6 years; 2-year principal moratoriumNon-fund commission cap 0.5%; 100%
ECLGS 4.0Up to ₹2 crore for oxygen plants5 years; 6-month principal moratorium/ cap 7.5%; 100%
GECL · Complete facility table · accessed 31 Aug 2026Open official source ↗

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