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Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS)

Historical guaranteed funding for eligible healthcare expansion or new projects outside eight metropolitan cities, up to ₹100 crore with sector-specific margin and 75%/50% guarantee coverage.

FundingComposite fund and non-fund facility above ₹10 lakh and up to ₹100 crore.Interest rateMSME: RLLR + 0.50% + 0.55% p.a.; non-MSME: one-year MCLR + 0.65% p.a. Rate capped at 7.95% during guarantee availability, up to five years.Eligible healthcare borrowersExisting units expanding/diversifying and new units setting up hospitals, dispensaries, clinics, medical colleges, pathology/diagnostic labs, vaccines, oxygen, ventilators or priority medical devices outside eight metropolitan municipal areas.
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Quick eligibility check

Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS)

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: Existing units expanding/diversifying and new units setting up hospitals, dispensaries, clinics, medical colleges, pathology/diagnostic labs, vaccines, oxygen, ventilators or priority medical devices outside eight metropolitan municipal areas?

Published source: Eligible healthcare borrowers

2Do you meet this requirement: Application and KYC?

Published source: Documents

3Do you meet this requirement: Healthcare project and location evidence?

Published source: Documents

4Do you meet this requirement: Project report and cost estimates?

Published source: Documents

5Do you meet this requirement: Escrow or firm-purchase agreement where seeking reduced margin?

Published source: Documents

6Document checkDo you have this required document or proof: Application and KYC?

Published source: Documents

7Document checkDo you have this required document or proof: Healthcare project and location evidence?

Published source: Documents

8Document checkDo you have this required document or proof: Project report and cost estimates?

Published source: Documents

9Document checkDo you have at least one of these required documents: Escrow or firm-purchase agreement where seeking reduced margin?

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 excluding Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi and Pune municipal areas

Key facts

What the official sources publish

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

Eligible healthcare borrowersExisting units expanding/diversifying and new units setting up hospitals, dispensaries, clinics, medical colleges, pathology/diagnostic labs, vaccines, oxygen, ventilators or priority medical devices outside eight metropolitan municipal areas.View source
Complete target, location and borrower rules reviewed.
Source
LGSCAS
Page / section
Target group and eligibility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
FundingComposite fund and non-fund facility above ₹10 lakh and up to ₹100 crore.View source
Published minimum and maximum reviewed.
Source
LGSCAS
Page / section
Quantum of loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
MarginTerm loan 25%; cash credit 25% stocks and 40% receivables (90-day cover); bank guarantee/LC 25%. Reduced margins may apply with escrow or firm-buying arrangements, subject to published minimums.View source
All facility-type margins and reduction conditions reviewed.
Source
LGSCAS
Page / section
Margin
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateMSME: RLLR + 0.50% + 0.55% p.a.; non-MSME: one-year MCLR + 0.65% p.a. Rate capped at 7.95% during guarantee availability, up to five years.View source
Both borrower-type formulas and cap note retained.
Source
LGSCAS
Page / section
Rate of Interest
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
RepaymentCash credit is yearly renewable and repayable on demand. Term loan maximum 10 years including moratorium; moratorium up to 18 months for construction or 6 months for equipment-only purchase.View source
CC and term-loan repayment rows reviewed.
Source
LGSCAS
Page / section
Repayment Period
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Guarantee cover75% of funding for greenfield projects, 50% for brownfield projects and 75% for projects in aspirational districts; cover available up to five years from first disbursement.View source
All project-type coverage and duration rules reviewed.
Source
LGSCAS
Page / section
Guarantee coverage and time period
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
FeesGuarantee fee nil; all other service charges follow the Bank's extant service-charge guidelines.View source
Fee rows reviewed without assuming a processing waiver.
Source
LGSCAS
Page / section
Guarantee Fee and service charges
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 ↗
CollateralMinimum 25% SARFAESI-enabled collateral security is required; if collateral is taken, NCGTC guarantee applies only to the uncovered portion. Bank also takes first charge on financed assets and NCGTC takes a second charge.View source
The official LGSCAS table publishes the 25% SARFAESI-enabled collateral minimum and charge sequence.
Source
Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS)
Page / section
Primary security and collateral security
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsIndia excluding Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi and Pune municipal areasView source
The manually reviewed product record states: “India excluding Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi and Pune municipal areas”.
Source
Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS) — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
DocumentsApplication and KYC; Healthcare project and location evidence; Project report and cost estimates; Escrow or firm-purchase agreement where seeking reduced margin; Primary/collateral security and NCGTC documentsView source
The manually reviewed product record states: “Application and ; Healthcare project and location evidence; Project report and cost estimates; Escrow or firm-purchase agreement where seeking reduced margin; Primary/collateral security and documents”.
Source
Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS) — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • ₹10 lakh–₹100 crore composite funding
  • Term loan, CC, bank guarantee and letter of credit
  • 75% greenfield/aspirational-district guarantee and 50% brownfield guarantee
  • Rate cap of 7.95% during guarantee cover
  • Up to 10 years including moratorium

Eligibility

  • Existing units expanding/diversifying and new eligible healthcare projects outside the eight listed metropolitan areas; individual-capacity loans are excluded. Total loan requirement, project location and healthcare activity must meet the published conditions.

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

Documents the bank lists

  • Application and
  • Healthcare project and location evidence
  • Project report and cost estimates
  • Escrow or firm-purchase agreement where seeking reduced margin
  • Primary/collateral security and documents

Related official documents

Loan Guarantee Scheme for Covid Affected Sectorsofficial-product-page · historical-reference · accessed 31 Aug 2026
↗

Plan before applying

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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₹20,833twenty thousand eight hundred thirty-three rupees
Interest paid over the full loan₹24,99,986twenty-four lakh ninety-nine thousand nine hundred eighty-six rupees
Everything you repay₹49,99,986forty-nine lakh ninety-nine thousand nine hundred eighty-six 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.

Target · Published detailHealthcare hospitals, clinics, labs, medical colleges, vaccine/oxygen/ventilator/priority-device projects

This value is copied from LGSCAS complete parameters. Check the table notes before relying on it.

Source: LGSCAS · Complete 16-parameter 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 · 14 rows · 2 columnsLGSCAS complete parametersView tableHide table

Scroll sideways to view every column

LGSCAS complete parameters
ParameterPublished detail
TargetHealthcare hospitals, clinics, labs, medical colleges, vaccine/oxygen/ventilator/priority-device projects
LocationOutside Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi and Pune metropolitan municipal areas
FacilityTerm loan, cash credit, bank guarantee, letter of credit
AmountAbove ₹10 lakh to ₹100 crore composite
MarginTL 25%; CC stocks 25%, receivables 40%/90 days; / 25%; reduced subject to minimums with escrow/firm-buying
rate + 0.50% + 0.55%
Non- rate1-year + 0.65%
Rate cap7.95% until guarantee cover expires, maximum 5 years
RepaymentCC yearly renewal/on demand; TL maximum 10 years including moratorium
Moratorium18 months construction; 6 months equipment-only
CollateralMinimum 25% SARFAESI-enabled collateral; guarantee on uncovered portion
Guarantee75% greenfield/aspirational; 50% brownfield; maximum 5 years
FeesGuarantee fee nil; other service charges extant guidelines
ValiditySanctions 7 May 2021–31 March 2023 or ₹50,000 crore guarantee cap
LGSCAS · Complete 16-parameter table · accessed 31 Aug 2026Open official source ↗

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