{"id":2416,"date":"2026-08-21T18:21:48","date_gmt":"2026-08-21T18:21:48","guid":{"rendered":"https:\/\/www.legalbabu.com\/learn\/?p=2416"},"modified":"2026-08-21T18:21:53","modified_gmt":"2026-08-21T18:21:53","slug":"msme-credit-rating-scheme","status":"publish","type":"post","link":"https:\/\/www.legalbabu.com\/learn\/msme-credit-rating-scheme\/","title":{"rendered":"MSME Credit Rating Scheme: Best Guide, Costs & How to Apply"},"content":{"rendered":"\n

The MSME credit rating scheme<\/strong> is still widely searched by business owners who want a subsidised rating, a stronger loan profile or an independent assessment of their enterprise. The first fact to understand is that the Government\u2019s Performance and Credit Rating Scheme is no longer open. The Ministry of MSME stated that rating under the erstwhile scheme was discontinued with effect from December 2018<\/a>.<\/p>\n\n\n\n

That does not mean an enterprise can no longer obtain an MSME credit rating. A business may still purchase an external rating or assessment from a provider whose product is acceptable to its lender, customer, supplier, tendering authority or other intended user. Banks also carry out their own internal appraisal and obtain credit-bureau information when considering finance.<\/p>\n\n\n\n

This distinction matters because older online guides continue to present the former 75% rating-fee support, NSIC application route and prescribed completion period as current benefits. They are historical terms, not a presently available general subsidy. Today, the enterprise should define why it needs a rating, confirm what report the intended user accepts, obtain a written commercial quote and prepare a consistent financial and compliance file.<\/p>\n\n\n\n

Question<\/strong><\/td>Current answer<\/strong><\/td><\/tr>
Is the government subsidy open?<\/strong><\/td>No. The official Performance and Credit Rating Scheme was discontinued from December 2018.<\/td><\/tr>
Can an MSME still get rated?<\/strong><\/td>Yes. External commercial ratings and assessments remain available, subject to the provider\u2019s product and terms.<\/td><\/tr>
Is there a fixed government fee today?<\/strong><\/td>No. Current fees are commercial and should be confirmed through a written quote.<\/td><\/tr>
Does a good rating guarantee finance?<\/strong><\/td>No. The lender independently assesses cash flow, credit history, security, sector risk and its own policy.<\/td><\/tr>
Is an external rating always mandatory?<\/strong><\/td>No. The requirement depends on exposure, transaction, lender policy and intended use.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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