Bank Guarantee Charges Reimbursement Scheme

About this scheme

This scheme provides reimbursement of 80% or Rs. 1,00,000 (excluding GST and other applicable taxes), whichever is less, on Performance Bank Guarantee charges paid by SC/ST MSEs for participation in tenders of Central/State Govt. and Public Sector Enterprises (PSEs).

**Documents to be submitted:**
* Self-certified copy of Udyam Registration & GST (if applicable).
* Self-certified copy of PAN card. In case of proprietorship, PAN card of the SC/ST proprietor is required.
* Copy of Caste Certificate of all promoters.
* Details of shareholding for partnership, Pvt. Ltd, or LLP firms. For partnership concerns, the shareholding of the SC/ST entrepreneur must be > 51%. A copy of the Partnership Deed or Memorandum and Articles of Association is required.
* Bank attested debit statement with PBG charges mentioning Bank Guarantee number and applicant MSE's name.
* Bank attested and stamped copy of the PBG issued by the bank.
* Cancelled cheque of the enterprise's current account from which Bank Charges were debited.
* Proof of any prior reimbursement received from NSSHO/NSIC under the scheme within the same financial year.
* Supply Order / Purchase Order/ Work Order from the government entity against which the PBG was taken, stating the PBG requirement.

Who can apply

• For Micro & Small Enterprises (MSEs) with at least 51% shareholding by SC/ST entrepreneurs.
• Applicants must have Udyam Registration and be applying for reimbursement of Performance Bank Guarantee charges incurred for tenders from Central/State Government or Public Sector Enterprises.

Eligible entity types: Proprietorship, Partnership, Private Limited, LLP

Frequently asked questions