NSIC Raw Material Assistance Scheme (RMA)
₹5 Lakh to ₹5 Crore MSME credit at 8.50% – 10.00% with Up to 90 days per cycle (Revolving) tenure.
Requires bank guarantee from a commercial bank as security.
What is NSIC Raw Material Assistance Scheme (RMA)?
Working capital facility by National Small Industries Corporation (NSIC) financing the procurement of bulk indigenous/imported raw material.
Key Benefits & Features
Enables bulk raw material purchases at volume discounts; credit up to 90 days against bank guarantee; cash flow optimization.
CGTMSE / Bank Guarantee / Normal Security
Enterprise Eligibility Criteria
Manufacturing micro and small enterprises with valid Udyam certificate.
How to Apply (3 Verified Paths)
Apply online via business net banking or approach loan account manager.
Apply online at https://www.nsic.co.in/schemes/raw-material-assistance with digital KYC and financial statements.
Visit nearest MSME branch of the institution with business registration and bank statements.
Documents Required Checklist
Udyam Registration Certificate, PAN, Aadhaar, Last 2 years ITR and financial statements, 12 months GST returns, 6 months bank statement.
Frequently Asked Questions
What is the maximum loan tenure and amount for NSIC Raw Material Assistance Scheme (RMA)?
Borrowers can avail ₹5 Lakh to ₹5 Crore with a repayment tenure of Up to 90 days per cycle (Revolving).
What are the processing charges and collateral terms for NSIC Raw Material Assistance Scheme (RMA)?
The processing fee is Nominal administrative charge. Collateral terms: Requires bank guarantee from a commercial bank as security.
What are the eligibility criteria for NSIC Raw Material Assistance Scheme (RMA)?
Manufacturing micro and small enterprises with valid Udyam certificate. Minimum business vintage required is 1 year(s).
How can an applicant apply for NSIC Raw Material Assistance Scheme (RMA)?
Apply online at https://www.nsic.co.in/schemes/raw-material-assistance or visit nearest branch with KYC, Udyam registration, and bank statements.