ECLGS 5.0 crosses 1 lakh guarantees, covers Rs 48,484 crore in loans: Government
The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed a major milestone, with the total number of guarantees issued under the scheme surpassing the one lakh mark, according to official data released on Wednesday.
As of June 9, 2026, a total of 1,06,549 guarantees have been issued under ECLGS 5.0, covering guarantees worth Rs 48,484.26 crore, the Ministry of Finance said.
The achievement highlights the extensive scale of credit support being provided to lenders and borrowers amid liquidity pressures arising from the West Asia crisis.
The scheme, which was approved by the Union Cabinet on May 5, 2026, aims to facilitate additional credit of Rs 2.55 lakh crore to existing borrowers facing financial challenges due to the ongoing geopolitical situation in West Asia.
Micro, Small and Medium Enterprises (MSMEs) have emerged as the primary beneficiaries of the scheme.
Of the total guarantees issued, 96 per cent by number and 86 per cent by value have been extended to the MSME sector, the ministry stated.
Public Sector Banks (PSBs) have played a key role in the scheme's implementation, accounting for 96 per cent of the guarantees issued.
Their participation has helped ensure the rapid rollout and acceptance of the programme across the country.
Under ECLGS 5.0, MSME borrowers receive 100 per cent guarantee coverage, while non-MSME borrowers are eligible for 90 per cent coverage.
The guarantee support has encouraged financial institutions to lend more aggressively, helping maintain the flow of credit to sectors requiring immediate liquidity support.
Officials said the scheme's widespread adoption has also been aided by the participation of a broad range of lending institutions, including public and private sector banks, Regional Rural Banks (RRBs), Small Finance Banks (SFBs) and Non-Banking Financial Companies (NBFCs).
This has enabled the scheme to achieve wider geographical and sectoral coverage.
