This scheme seeks to establish independent, trusted third party opinion on capabilities and credit-worthiness of MSEs, and makes credit available at attractive interest rates and will ensure better productivity. Under this scheme (as per the turnover of the MSE) a percent of Rating Agency charges are reimbursed by Ministry of SSI.
Turnover of MSE Re-imbursement of fee through NSIC:
More details are available here
The application forms will be available at all the offices of NSIC and with the empanelled Rating Agencies. The forms will also be made available at the website of NSIC, IBA and the Rating Agencies. Interested Small Industries Associations will also be requested to make available the Application Form from their website. Any SSI unit wishing to apply for rating will have to fill up the prescribed application form and submit the same to NSIC or the rating agency chosen by it.
More details are given at: https://msme.gov.in/sites/default/files/PCRSchemeGuidelines.pdf
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