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bob Emergency Credit Line Guarantee Scheme 5.0 (BECLGS 5.0)

Additional working-capital term-loan support backed by guarantee for businesses affected by the West Asia crisis, with up to ₹100 crore for /non- and ₹1,500 crore for airlines.

Facility amountMSME/non-MSME borrowers: up to 20% of peak fund-based working-capital outstanding from 1 January to 31 March 2026, capped at ₹100 crore per borrower across all MLIs. Scheduled passenger airlines: up to 100% of peak total funded and non-funded credit in the same period, capped at ₹1,500 crore across MLIs; the amount above ₹1,000 crore and up to ₹1,500 crore requires equal promoter/owner equity.Interest rateBOB publishes BRLLR/MCLR + 0.75% p.a., capped at 9%. The scheme’s bank-pricing rules distinguish MSME facilities (EBLR + 0.75%, or another permitted standard RBI-compliant MSME benchmark), non-MSME facilities (MCLR + 0.75%, capped at 9%) and airline facilities (the lender’s board-approved policy). BOB does not separately identify its airline benchmark.Customer typeExisting MSMEs with Udyam registration or Udyam Assist Certificate; Eligible non-MSMEs; Scheduled passenger airlines
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Quick eligibility check

bob Emergency Credit Line Guarantee Scheme 5.0 (BECLGS 5.0)

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: Submit the scheme application through JanSamarth using self-declared details?

Published source: Application and MSME proof

2Do you meet this requirement: Existing borrowers with regular fund-based working-capital limits from an MLI on 31 March 2026?

Published source: Eligibility

3Do you meet this requirement: Credit facilities must be Standard (excluding SMA-2) across lenders on that date, and the borrower must not be NPA with any lender at sanction/disbursement?

Published source: Eligibility

4Do you meet this requirement: New borrowers and ad-hoc, temporary or one-time working-capital limits are excluded?

Published source: Eligibility

5Do you meet this requirement: Non-MSME borrowers in the scheme’s excluded sectors are ineligible?

Published source: Eligibility

6Document checkDo you have this required document or proof: A self-declared ECLGS application through JanSamarth?

Published source: Application and MSME proof

7Document checkDo you have at least one of these required documents: For MSME status, a valid Udyam Registration Certificate or Udyam Assist Certificate is accepted?

Published source: Application and MSME proof

8Document checkDo you have at least one of these required documents: A valid Udyam Registration Certificate or Udyam Assist Certificate is accepted as proof of MSME status?

Published source: Application and MSME proof

9Document checkDo you have at least one of these required documents: Existing MSMEs with Udyam registration or Udyam Assist Certificate?

Published source: Customer type
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 27 Sept 2026 · active
Offered byBank of Baroda

India; applications are routed through the JanSamarth portal and the borrower must have had eligible credit with a member lending institution on 31 March 2026.

Key facts

What the official sources publish

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

Facility amountMSME/non-MSME borrowers: up to 20% of peak fund-based working-capital outstanding from 1 January to 31 March 2026, capped at ₹100 crore per borrower across all MLIs. Scheduled passenger airlines: up to 100% of peak total funded and non-funded credit in the same period, capped at ₹1,500 crore across MLIs; the amount above ₹1,000 crore and up to ₹1,500 crore requires equal promoter/owner equity.Effective 8 May 2026View source
The scheme sets separate peak-credit formulas and per-borrower ceilings for non-airline and scheduled airline borrowers. Its clarifies that the caps apply across all MLIs.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
p.3 — §6(a) Quantum of Support; §6(b) Maximum Loan Amount
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Tenure and moratoriumMSME/non-MSME borrowers: 5 years from first disbursement, including a 1-year moratorium. Scheduled passenger airlines: 7 years, including a 2-year moratorium.Effective 8 May 2026View source
The scheme counts each moratorium inside the total repayment tenor, measured from the first disbursement.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
p.4 — §6(g) Tenor of Loan
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Security and collateralBOB’s page says no additional collateral security or third-party guarantee; the shared scheme FAQ says no fresh collateral or personal/corporate guarantee for non-airline facilities. The MLI must create a second charge on existing primary/collateral securities and a charge on assets created from the facility within 90 days of first disbursement. The scheme has separate additional-security rules for airlines.Effective 8 May 2026View source
The guideline requires charges over existing securities and assets created by the loan within 90 days. The official clarifies that no fresh collateral/personal/corporate guarantee is sought for /non- facilities and that an underlying unsecured facility does not require a charge to be created.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
p.4 — §10 Security; Annexure I p.9; Q8–9 and Q18
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Fees and chargesNil processing fee, nil prepayment penalty and nil NCGTC guarantee fee.Effective 8 May 2026View source
The scheme guideline sets a nil guarantee fee and prohibits processing fees and prepayment penalties. page also confirms nil processing and prepayment charges; this does not imply that unrelated statutory/security expenses are waived.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
p.4 — §§6(f)–8; page Features — Zero Charges
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Application and MSME proofSubmit the scheme application through JanSamarth using self-declared details. A valid Udyam Registration Certificate or Udyam Assist Certificate is accepted as proof of MSME status.Effective 22 May 2026View source
The describes a self-declared JanSamarth application and accepts Udyam registration or Udyam Assist Certificate for status. These are the specific published requirements; lender-side claim papers are listed separately and are not an application checklist.
Source
ECLGS 5.0 — official
Page / section
pp.4–5, 9 — Q21 and Q35; page Eligibility Criteria
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
EligibilityExisting borrowers with regular fund-based working-capital limits from an MLI on 31 March 2026. Credit facilities must be Standard (excluding SMA-2) across lenders on that date, and the borrower must not be NPA with any lender at sanction/disbursement. New borrowers and ad-hoc, temporary or one-time working-capital limits are excluded. Non-MSME borrowers in the scheme’s excluded sectors are ineligible; mixed-sector non-MSMEs are assessed on their proportionate eligible-sector turnover for FY 2025–26. Prior CGSE support is netted from the ECLGS limit already available.Effective 8 May 2026View source
The guideline sets the 31 March 2026 existing-borrower/Standard test, requires the account not to be when sanctioned or disbursed, and lists non- sector exclusions. The clarifies regular-limit treatment, cross-lender status, mixed-sector turnover and CGSE net-off.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
pp.2, 7 and 10 — §4(iii), §15, Annexure A; cross-checked against Q9–10, Q16–17 and Q30
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Facility typeAdditional Working Capital Term Loan (AWCTL), maintained as a separate loan account.Effective 8 May 2026View source
The guideline describes additional working-capital term-loan support and requires it to be maintained in a separate account; airline support can also include a non-fund-based facility under the scheme.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
pp.1–2 — Definitions; credit facility
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
NCGTC guaranteeThe guarantee covers the amount in default owed to the MLI: 100% for MSME facilities and 90% for non-MSME and airline facilities. No NCGTC guarantee fee is charged; the borrower remains liable for the loan.Effective 8 May 2026View source
The guarantee is issued to the MLI for the amount in default, not as loan forgiveness to the borrower. The guideline specifies 100% and 90% non-/airline coverage and nil guarantee fee.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
pp.1, 3–4 — §§2, 6(c), 6(f)
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Interest during moratoriumInterest remains payable when due, including during the moratorium. Airline borrowers may earmark up to 50% of estimated moratorium-period interest from the proposed facility toward a funded interest term loan (FITL).Effective 8 May 2026View source
Interest is serviced as it falls due, even during moratorium. For airlines, up to half the estimated moratorium interest may be earmarked from the proposed ECLGS facility for FITL.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
p.4 — §6(e) Interest servicing
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Sanction windowSanctions may be made from 8 May 2026 through 31 March 2027, or until scheme guarantees reach ₹2,55,000 crore, whichever occurs first.Effective 8 May 2026View source
The scheme duration ends at 31 March 2027 or when guarantees totaling ₹2,55,000 crore have been issued, whichever happens first. This is the programme-wide guarantee ceiling, not a single-borrower limit.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
p.3 — §5 Duration
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Last disbursement dateThe full disbursement of fund-based facilities must be completed by 30 June 2027. For non-fund-based airline facilities, at least the first tranche must be used by that date.Effective 22 May 2026View source
The sets 30 June 2027 as the end date for full fund-based disbursement; for non-fund-based support the first tranche must be utilized by then.
Source
ECLGS 5.0 — official
Page / section
p.5 — Q22, last date for disbursement
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
How to applyApply through JanSamarth with self-declared details. The application is sent to the lender branch selected during the application journey; the MLI checks eligibility and makes the sanction decision under its credit policy.Effective 22 May 2026View source
The assigns the borrower’s application to JanSamarth and routes it to the selected branch; the MLI independently checks eligibility and decides sanction.
Source
ECLGS 5.0 — official
Page / section
pp.4–5 — Q21, borrower application process
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Airline use of fundsFor airline assistance up to ₹100 crore, working-capital expenses are allowed except payments to promoters or their related, group or associate entities; a borrower self-declaration is required. Assistance above ₹100 crore is limited to eligible salaries (excluding executive directors/CEO, including contract staff), fuel bought from oil marketing companies, airport charges, aircraft lease charges and statutory expenses, supported by an auditor’s certificate; related-party payments remain excluded.Effective 8 May 2026View source
Annexure I separates airline support at or below ₹100 crore from the stricter eligible-cost list above ₹100 crore and sets the corresponding self-declaration/auditor-certificate evidence.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
p.9 — Annexure I(i), airline end-use restrictions
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Airline additional securityA second charge on existing securities applies in every airline case. For assistance above ₹500 crore, positive 9-month FY 2025–26 EBITDA requires no additional security; if EBITDA is negative, one of the scheme’s share-pledge, promoter personal-guarantee or investment-grade group/holding-company guarantee options must cover the amount above ₹500 crore, with the stated 50% incremental-amount value thresholds.Effective 8 May 2026View source
The Annexure makes extra security for airline support above ₹500 crore conditional on nine-month 2025–26 and lists three alternative instruments when is negative; a second charge remains in every case.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
p.9 — Annexure I(ii), airline security above ₹500 crore
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Guarantee claim timelineAfter an ECLGS account turns NPA, the MLI must record the NPA within 90 days. On a complete eligible claim, NCGTC pays 75% of the guaranteed amount within 30 days; the balance 25% follows completion of recovery proceedings or 3 years from settlement of the first claim, whichever is earlier. A recall notice alone is not legal action.Effective 8 May 2026View source
The guideline sets the MLI’s 90-day -recording deadline and the 75%/25% claim-payment sequence; eligible legal action requires more than a recall notice.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
pp.4–5 — §11, invocation and payment of guarantee claims
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Documents for a lender guarantee claimFor an interim guarantee claim, the MLI files the scheme sanction letter, the existing-facility ledger for 1 January–31 March 2026, the ECLGS facility ledger through claim date, credit-bureau evidence of status on 31 March 2026, and evidence of legal action, along with the prescribed management certificate. These are lender claim records, not the borrower’s JanSamarth application checklist.Effective 22 May 2026View source
The lists the records the MLI submits to for an interim claim. These lender claim records must not be presented as documents applicants upload for the initial loan request.
Source
ECLGS 5.0 — official
Page / section
pp.5–6 — Q23, interim claim records
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Borrower repayment liabilityNCGTC’s guarantee protects the MLI; it does not cancel or reduce the borrower’s repayment obligation. The lender remains responsible for recovery of the full outstanding credit from the borrower.Effective 8 May 2026View source
The guideline says guarantee payment does not remove the MLI’s responsibility to recover the entire outstanding amount from the borrower.
Source
ECLGS 5.0 — Operational Guidelines
Page / section
pp.5–7 — §§14(g), 16, recovery and lender recourse
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Customer typeExisting MSMEs with Udyam registration or Udyam Assist Certificate; Eligible non-MSMEs; Scheduled passenger airlinesView source
The manually reviewed product record states: “Existing with Udyam registration or Udyam Assist Certificate; Eligible non-; Scheduled passenger airlines”.
Source
bob Emergency Credit Line Guarantee Scheme 5.0 (BECLGS 5.0) — official product page
Page / section
Published product metadata
Accessed
8 Sept 2026
Confidence
high
Open official source ↗
Interest rateBOB publishes BRLLR/MCLR + 0.75% p.a., capped at 9%. The scheme’s bank-pricing rules distinguish MSME facilities (EBLR + 0.75%, or another permitted standard RBI-compliant MSME benchmark), non-MSME facilities (MCLR + 0.75%, capped at 9%) and airline facilities (the lender’s board-approved policy). BOB does not separately identify its airline benchmark.Effective 8 May 2026View source
The current page states / + 0.75%, capped at 9% p.a. The guideline sets the segment-specific bank benchmark rule and says airline pricing follows the lender’s board-approved policy; the page does not separately clarify the airline rate.
Source
bob Emergency Credit Line Guarantee Scheme 5.0 — and pricing terms
Page / section
Features — Concessional Interest Rate; guideline §6(d), p.3
Accessed
27 Sept 2026
Confidence
high
Open official source ↗
Turnover ruleFor a non-MSME borrower operating in both eligible and excluded sectors, the lender assesses the proportionate turnover from eligible sectors for the financial year ended 31 March 2026. This is a sector-mix eligibility test, not a published minimum annual-turnover amount.Effective 22 May 2026View source
The says that a mixed-sector non- eligibility is assessed using the proportionate turnover in eligible sectors for ending 31 March 2026. It does not set a universal minimum turnover amount.
Source
ECLGS 5.0 — official
Page / section
p.2 — Q10, mixed-sector borrowers
Accessed
27 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • For /non- borrowers, support is up to 20% of peak 2025–26 fund-based working-capital outstanding, capped at ₹100 crore per borrower across lenders; scheduled airlines have a separate limit up to ₹1,500 crore.
  • Five-year repayment including a one-year moratorium for /non- borrowers; airline repayment is seven years including a two-year moratorium. Interest remains payable during the moratorium.
  • No processing fee, prepayment penalty or guarantee fee. Security and airline exceptions are set out in the published terms.

Eligibility

  • Existing borrower with an eligible working-capital limit as of 31 March 2026; facilities must be Standard (excluding SMA-2) across lenders on that date, and the borrower must not be with any lender at sanction or disbursement.
  • Regular sanctioned fund-based working-capital use is assessed from 2025–26; ad-hoc, temporary and one-time limits do not increase the eligible amount.
  • For non-, the scheme excludes , power, telecom, sugar/ethanol, IT, paper, educational, most beverage and tobacco sectors. Mixed-sector eligibility is based on eligible-sector turnover for 2025–26; prior CGSE support is netted from the available limit.
  • Airline facilities have separate end-use and additional-security rules, including conditional security for assistance above ₹500 crore.

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

Documents the bank lists

  • A self-declared ECLGS application through JanSamarth.
  • For status, a valid Udyam Registration Certificate or Udyam Assist Certificate is accepted.

Related official documents

bob Emergency Credit Line Guarantee Scheme 5.0 — Bank of Baroda official product pageofficial-product-page · current · accessed 27 Sept 2026
↗
Emergency Credit Line Guarantee Scheme 5.0 — NCGTC Operational Guidelines (8 May 2026)official-pdf · current · accessed 27 Sept 2026
↗
ECLGS 5.0 — official FAQ (updated through 22 May 2026)official-pdf · current · accessed 27 Sept 2026
↗

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One monthly payment₹22,493twenty-two thousand four hundred ninety-three rupees
Interest paid over the full loan₹28,98,356twenty-eight lakh ninety-eight thousand three hundred fifty-six rupees
Everything you repay₹53,98,356fifty-three lakh ninety-eight thousand three hundred fifty-six rupees

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Facility · / non- (except airlines)Additional working-capital term loan for business purposes; kept in a separate loan account.

This value is copied from ECLGS 5.0 — borrower eligibility and assistance limits. Check the table notes before relying on it.

Source: ECLGS 5.0 — Operational Guidelines · pp.2–4 and 10 — §§4–6, Annexure A Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 11 rows · 3 columnsECLGS 5.0 — borrower eligibility and assistance limitsScheme-level rules transcribed from NCGTC’s operational guidelines; loan limits are per borrower across all MLIs, not a promise of sanction by BOB or SBI.View tableHide table

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ECLGS 5.0 — borrower eligibility and assistance limits
Topic / non- (except airlines)Scheduled passenger airlines
FacilityAdditional working-capital term loan for business purposes; kept in a separate loan account.Additional working-capital term-loan or eligible non-fund-based facility; kept in a separate account.
Existing borrowerMust have a fund-based working-capital limit from an MLI on 31 March 2026.Must have outstanding funded and non-funded credit from an MLI on 31 March 2026.
Reference periodPeak fund-based working-capital outstanding from 1 January to 31 March 2026, both days inclusive.Peak total credit outstanding (funded plus non-funded) from 1 January to 31 March 2026, both days inclusive.
Support formulaUp to 20% of peak 2025–26 fund-based working-capital outstanding.Up to 100% of peak 2025–26 total credit outstanding.
Maximum per borrower₹100 crore across all MLIs.₹1,500 crore across all MLIs; the portion above ₹1,000 crore and up to ₹1,500 crore needs equal promoter/owner equity.
Reference-date account statusCredit facilities must be Standard, excluding SMA-2, on 31 March 2026.Credit facilities must be Standard, excluding SMA-2, on 31 March 2026.
At sanction and disbursementBorrower must not be with any lender.Borrower must not be with any lender.
Non- sector exclusions are eligible across sectors. For non-, Annexure A excludes ; power; telecom; sugar and ethanol; IT; paper and paper products; educational institutions; beverages other than tea/coffee; and tobacco.The guideline’s Annexure A is for non-; airline eligibility is limited to scheduled passenger airlines.
Other guarantee overlapA facility is not covered to the extent its risk is already additionally covered under an , Central Government, insurer or other guarantee/indemnity scheme.Same scheme-wide restriction applies.
Scheme sanction windowFrom 8 May 2026 to 31 March 2027, or until the scheme issues ₹2,55,000 crore of guarantees, whichever occurs first.Same scheme-wide window; this is the programme ceiling, not an individual borrower cap.
Disbursement cutoffFull fund-based disbursement must be completed by 30 June 2027.Full fund-based disbursement by 30 June 2027; at least the first tranche of non-fund-based support must be used by that date.
  • The MLI assesses need and may sanction less than the maximum scheme formula.
  • A scheme guarantee protects the MLI for the covered amount in default; it does not forgive the borrower’s debt.
  • Source clauses are prose, not a printed comparison table; each rule is mapped to the corresponding guideline section.
ECLGS 5.0 — Operational Guidelines · pp.2–4 and 10 — §§4–6, Annexure A · effective 8 May 2026 · accessed 27 Sept 2026Open official source ↗
Table 2 · 9 rows · 2 columnsECLGS 5.0 — FAQ clarifications for applicantsShared scheme FAQ details on eligible working-capital records, borrower application, sector-mix turnover and existing support.View tableHide table

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ECLGS 5.0 — FAQ clarifications for applicants
Question areaPublished clarification
Facilities used for the peak calculationRegular sanctioned cash credit, overdraft, WCDL, WCTL, discounted bills, packing credit and other facilities the MLI classifies as fund-based working capital may count.
Limits not countedAd-hoc limits, temporary overdrafts and one-time fund-based working-capital limits do not increase the eligible peak.
Borrower assessmentThe MLI may sanction below the maximum 20% formula depending on the borrower’s assessed working-capital need.
Multiple business sectorsFor a non- with eligible and excluded activities, the lender assesses proportionate turnover in eligible sectors for ended 31 March 2026.
Prior CGSE supportEligibility is calculated after netting the limit already availed under the Credit Guarantee Scheme for Exporters.
Application routeThe borrower submits self-declared details on JanSamarth; the application goes to the selected lender branch for the MLI’s eligibility and credit-policy decision.
identity proofUdyam Registration or an Udyam Assist Certificate is accepted for establishing status.
Limits moved to another bankA new lender may consider the borrower using the prior lender’s peak, verified from the account statement and takeover records.
Small unrelated account overduesA limited exception may be considered where credit-card, savings or current-account overdues are no more than 1% of the ECLGS amount, are regularized before assistance and fall within the MLI’s materiality policy.
  • The is hosted by but provides scheme-wide clarifications; it is linked to both and products.
  • This table describes scheme rules and does not promise eligibility or sanction by either bank.
ECLGS 5.0 — official · pp.2–5 and 8–9 — on peak exposure, application, Udyam, takeover and overdue exception · effective 22 May 2026 · accessed 27 Sept 2026Open official source ↗
Table 3 · 5 rows · 2 columnsECLGS 5.0 — additional airline conditionsThese end-use and security conditions apply only to scheduled passenger airline facilities.View tableHide table

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ECLGS 5.0 — additional airline conditions
ConditionPublished requirement
Use up to ₹100 croreAny working-capital expense is allowed except payment to a promoter or promoter-related, group or associate entity. A borrower self-declaration is required.
Use above ₹100 croreLimited to eligible salaries (excluding executive directors/CEO and including contract employees), fuel bought from oil-marketing companies, airport charges, aircraft lease charges and statutory expenses. An auditor’s certificate is required; related-party payments remain excluded.
Assistance above ₹500 crore with positive 9M 2025–26 No additional security is required beyond the second charge on existing securities.
Assistance above ₹500 crore with negative 9M 2025–26 For the amount above ₹500 crore, provide one of: a share pledge worth at least 50% of the incremental amount; promoter personal guarantee with asset statement and non-disposal undertaking, plus net worth at least 50% of the excess; or investment-grade group/holding-company guarantee with net worth at least 50% of the excess.
Security in all airline casesExtend a second charge over existing primary and collateral securities to cover the ECLGS facility.
  • is assessed for 1 April–31 December 2025. The special airline rules do not apply to /non- facilities outside the scheduled passenger airline segment.
  • For a personal-guarantee option, the promoter also provides an asset statement and undertakes not to dispose of assets during the ECLGS facility tenor.
ECLGS 5.0 — Operational Guidelines · p.9 — Annexure I, airline end-use and additional security · effective 8 May 2026 · accessed 27 Sept 2026Open official source ↗
Table 4 · 6 rows · 2 columnsNCGTC guarantee — lender claim process and recordsThese are records and duties for the MLI’s guarantee claim, not documents the borrower submits with the initial loan application.View tableHide table

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NCGTC guarantee — lender claim process and records
Claim stageRule or record required
markingThe MLI records the ECLGS account’s date on the portal within 90 days of the account turning .
Interim claimThe MLI submits the ECLGS sanction letter; 2025–26 ledger for the existing facility; ECLGS ledger through the claim date; credit-bureau evidence of account status on 31 March 2026; legal-action evidence; and the prescribed management certificate.
Interim payment pays 75% of the guaranteed amount within 30 days of a complete eligible claim, subject to verification.
Final paymentThe remaining 25% is paid after recovery proceedings conclude or 3 years after settlement of the first claim, whichever occurs first.
Legal actionA recall notice alone does not count. Qualifying action includes Lok Adalat, civil court, DRT, action under SARFAESI section 13(4), NCLT admission or another action accepted by .
Borrower liabilityGuarantee payment does not release the borrower from the full debt; the MLI remains responsible for recovery from the borrower.
  • The records for a guarantee claim are submitted by the MLI after default; they are not the applicant’s initial JanSamarth document checklist.
  • The claim stages and lender records are drawn from §§11 and 14 and Q23.
ECLGS 5.0 — Operational Guidelines · pp.4–6 — §§11 and 14; cross-checked against Q23, pp.5–6 · effective 8 May 2026 · accessed 27 Sept 2026Open official source ↗
Table 5 · 10 rows · 4 columnsBOB BECLGS 5.0 — published terms by borrower segmentBank of Baroda’s published offer reconciled with the scheme’s segment-specific operational rules.View tableHide table

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BOB BECLGS 5.0 — published terms by borrower segment
TermNon-Scheduled passenger airline
FacilityAdditional working-capital term loanAdditional working-capital term loanAdditional working-capital term loan; scheme also permits eligible non-fund-based support
Eligible amountUp to 20% of peak 2025–26 fund-based working-capital outstanding; maximum ₹100 crore per borrower across MLIsUp to 20% of peak 2025–26 fund-based working-capital outstanding; maximum ₹100 crore per borrower across MLIsUp to 100% of peak 2025–26 funded and non-funded credit; maximum ₹1,500 crore across MLIs; equal promoter/owner equity for the portion above ₹1,000 crore
Interest publishes / + 0.75%, capped at 9% p.a.; scheme permits + 0.75% or another -compliant standard benchmark publishes / + 0.75%, capped at 9% p.a.; scheme rule is + 0.75%, capped at 9%Scheme rule: lender’s board-approved policy; does not publish a separate airline benchmark
Repayment5 years from first disbursement, including 1-year moratorium5 years from first disbursement, including 1-year moratorium7 years from first disbursement, including 2-year moratorium
Interest during moratoriumPayable when duePayable when duePayable when due; up to 50% of estimated moratorium interest may be earmarked toward FITL
Fresh collateral / guarantee says no additional collateral or third-party guarantee; scheme says no fresh collateral/personal/corporate guarantee says no additional collateral or third-party guarantee; scheme says no fresh collateral/personal/corporate guaranteeAdditional security rules apply; see the airline-conditions table
Existing and created securitySecond charge over existing securities and charge on ECLGS-created assets within 90 days of first disbursementSecond charge over existing securities and charge on ECLGS-created assets within 90 days of first disbursementSecond charge in all cases, plus conditional additional security above ₹500 crore
FeesNil processing fee, prepayment penalty and guarantee feeNil processing fee, prepayment penalty and guarantee feeNil processing fee, prepayment penalty and guarantee fee
Guarantee coverage100% of amount in default to the MLI90% of amount in default to the MLI90% of amount in default to the MLI
Scheme datesSanctions through 31 March 2027 or scheme-wide ₹2,55,000 crore guarantee ceiling, whichever first; fund-based disbursement by 30 June 2027Same scheme datesSame scheme dates; non-fund-based support requires at least first-tranche use by 30 June 2027
  • A guarantee covers the lender for a defined amount in default; it does not cancel the borrower’s repayment obligation.
  • The ₹2,55,000 crore ceiling is scheme-wide. The ₹100 crore/₹1,500 crore limits are per borrower across all MLIs.
  • Source: Features/Eligibility plus guideline §§5–10 and Annexure I. Exact page references and the official document are linked under Related official documents.
bob Emergency Credit Line Guarantee Scheme 5.0 — and terms · Benefits/Features/Eligibility; guideline §§5–10, pp.3–4 and Annexure I, p.9 · effective 8 May 2026 · accessed 27 Sept 2026Open official source ↗

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