Credit Rating Scheme
Improve Credit Access with Government-Supported Rating
Credit Rating Scheme
The Credit Rating Scheme provides financial assistance to MSMEs for getting their credit rated by recognized credit rating agencies. A good credit rating helps MSMEs access formal credit at lower interest rates, reduce collateral requirements, and improve overall financial credibility.
Rating from CRISIL, ICRA, CARE, SMERA, India Ratings eligible
Up to 75% subsidy on rating fees
Improves access to collateral-free CGTMSE loans
Valid for 1 year, renewal also eligible for subsidy
Why Apply for This Scheme
Better Credit Access
Rated MSMEs get faster loan approvals at better interest rates.
Collateral Reduction
Good credit rating reduces or eliminates collateral requirements.
Financial Credibility
Rating from recognized agency enhances business financial credibility.
CGTMSE Benefit
Credit rating enables access to CGTMSE collateral-free loan guarantee.
Negotiating Power
Good rating gives leverage to negotiate better terms with banks.
Business Growth
Better credit access enables faster business expansion.
How Swastik Consultants Helps
Rating Agency Selection
We help select the right credit rating agency based on your business size and sector.
Financial Preparation
We help prepare financial documents to support a favorable credit rating.
Subsidy Application
We file the credit rating subsidy application after rating is obtained.
CGTMSE Integration
We simultaneously assist with CGTMSE loan guarantee application.
Who Can Apply?
Registered MSME with Udyam certificate
Rating from RBI or SEBI recognized credit rating agency
Application within 1 year of obtaining rating
First-time rating preferred (higher subsidy)
Valid bank account and GST registration
Income tax compliance required
What You Need
Udyam Registration Certificate
Credit rating report from recognized agency
Invoice from credit rating agency
Payment receipt for rating fees
Bank statements (last 6 months)
Audited financial statements (last 2 years)
Income tax returns
GST registration
Ready to Claim Your Subsidy?
Let our experts identify the right schemes for your business and handle everything end-to-end.