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1.
Eligibility
Eligible borrower under ECLGS 4.0 means existing Hospitals/nursing homes/clinics/medical colleges borrower having credit facility with days past due upto 90 days as on March 31, 2021
2.
Purpose
For setting up low cost technologies like Pressure Swing Adsorption etc. for onsite oxygen generation.
3.
Facility
Term Loan and / or Non-Fund Based [Letter of Credit- CAPEX].
4.
Quantum of Finance
Maximum: Rs 2.00 Crore.
5.
Assessment
For TL facility & NFB: As per norms prescribed by Bank.
6.
Margin
NIL
7.
Charges
Processing Charges, Guarantee Fee & Other Charges - NIL
8.
Interest Rate
MSME: EBLR + 1.00%, with upper cap of 7.50% p.a.
Others: 1 Yr MCLR + 1.00%, with upper cap of 7.50% p.a.
9.
Security
Shall rank second charge with the existing credit facilities in terms of cash flows (including repayments) and security
Collateral: NIL
10.
Guarantee
100% Guarantee to be provided by NCGTC
11.
Tenor & Repayment
Tenor of facilities shall be for a maximum period of 5 years with moratorium of 6 months from the date of first disbursement of fund based facility or first date of utilization of non-fund based facility
12.
Validity
For sanction – 30.09.2021
For disbursement – 31.12.2021