BGCRS

Bank Guarantee Charges Reimbursement Scheme

Under the Ministry Of Micro, Small & Medium Enterprises, Bank Guarantee Charges Reimbursement Scheme is a sub scheme under National Scheduled Caste and Scheduled Tribe Hub (NSSH) scheme.

Central Cash

States / UT: All India

Ministry / nodal: Ministry Of Micro, Small and Medium Enterprises

Scheme for: Infra

Scheme profile

DBT (direct benefit transfer): No

Categories: Business & Entrepreneurship

Target beneficiaries: Business Entity

Tags: Financial Assistance, Reimbursement, Business, Enterpreneurship

Details

Under the the Ministry Of Micro, Small & Medium Enterprises, Bank Guarantee Charges Reimbursement Scheme is a sub scheme under National Scheduled Caste and Scheduled Tribe Hub (NSSH) scheme. In this reimbursement is provided to SC/ST MSEs on bank charges paid to the bank for issuance of Performance Bank Guarantee (PBG) in favor of the buyer departments from where some work has been awarded to such MSEs.

Benefits

  • - The assistance under this scheme will be limited to 80% or ₹1,00,000/- (excluding GST and all other applicable taxes), whichever is less, on PBG charges paid in a financial year
  • The assistance under this scheme will be limited to 80% or ₹ 1,00,000/- (excluding GST and all other applicable taxes), whichever is less, on PBG charges paid in a financial year.

Eligibility

  1. Applicant should belong to the Scheduled Caste / Scheduled Tribe category.
  2. He/she should represent/own any MSEs unit.
  3. MSEs availing loans from any Scheduled Commercial Banks, Non-Banking Finance Companies (NBFCs), and State Finance Corporations will be considered under the scheme.

Exclusions


Application Process

Online

  1. Applicant need to visit the official website https://www.scsthub.in.1. For registration click on sign-up and provide the following details
  • Full Name
  • Valid Email ID
  • Mobile Number
  • Password and confirm password
  1. For login click on login.1. After login complete the required information.

Documents Required

No document list is available for this scheme yet.

References

Apply

Apply now

Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.

Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status