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 official portal. 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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