Vaisakhi Offer- Use Code VAISAKHI24

Register Now

Emergency Credit Line Guarantee Scheme (ECLGS) 3.0

Published on March 31, 2022
Current Context: The scope of the Emergency Credit Line Guarantee Scheme (ECLGS) has been enhanced till 31.3.2023.
Emergency Credit Line Guarantee Scheme (ECLGS) 3.0
  • New borrowers under ECLGS 3.0 who borrowed after 31.03.2021 but up to 31.01.2022 will now be eligible to avail of emergency credit facilities.
  • Increase in additional credit support from existing 40% of fund-based credit outstanding to 50% of fund-based credit outstanding under ECLGS 3.0. (Subject to existing maximum of Rs. 200 crores per borrower)
  • Eligible borrowers in the civil aviation sector – can avail of the fund and non-fund-based emergency credit facilities. (subject to a maximum of 400 crores per borrower)


Q.1 Scope of Emergency Credit Line Guarantee Scheme (ECLGS) 3.0Scheme has been recently extended till?
a. 1st March 2023
b. 31st March 2023
c. 1st March 2024
d. 31st March 2024
ebook store

About us

ramandeep singh

Ramandeep Singh is a seasoned educator and banking exam expert at BankExamsToday. With a passion for simplifying complex concepts, he has been instrumental in helping numerous aspirants achieve their banking career goals. His expertise and dedication make him a trusted guide in the journey to banking success.

  • Follow me:
Close Menu
Close Menu