ECLGS 4.0 to support capacity creation in healthcare: ICRA :

ECLGS 4.0 to support capacity creation in healthcare: ICRA


ECLGS 4.0 to support capacity creation in healthcare: ICRA
ECLGS 4.0 to support capacity creation in healthcare: ICRA
09 June 2021 | News
The proposed 100 per cent guarantee cover loans of up to Rs 2 crore for setting up oxygen generation plants to support healthcare entities in semi-urban and rural areas
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Under the emergency credit line guarantee scheme (ECLGS) 4.0, borrowers who are eligible for restructuring and had availed loans under ECLGS 1.0, will now be able to avail a tenure of five years (as against four years earlier), with a moratorium (where only interest needs to be paid) of 24 months and repayment of principal and interest in 36 months thereafter.

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