How to Apply for Raw Material Assistance Scheme — NSIC Credit up to ₹20 Cr for MSMEs
Raw Material Assistance Scheme — NSIC Credit up to ₹20 Cr for MSMEs accepts applications online through the official portal on a rolling basis. Follow the steps below — and always confirm the latest details on the official source before you apply.
How to apply
Applications are submitted on the . Confirm the current deadline and document checklist there before you start.
Selection process
NSIC conducts a preliminary appraisal of submitted applications, reviewing the company's financial health, operational stability, and overall business viability based on the documents provided. A unit inspection may be carried out to verify operational aspects and infrastructure. The selection committee evaluates creditworthiness and adherence to eligibility criteria. Sanction of the credit limit depends on a satisfactory appraisal and the unit meeting all stipulated requirements.
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