Q
What are the benefits of NSIC-ONICRA rating?
A The rating improves
MSME's credit acceptability with Banks (lower interest rates) and adds credibility
among
buyers and suppliers.
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Q
What is the eligibility for NSIC-ONICRA rating?
A Any SSI registered
unit with plant & machinery up to Rs.5 Crores is eligible for this rating.
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Q
What is the validity of NSIC-ONICRA Rating?
A This rating is valid
for one year.
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Q
How will we get the reimbursement?
A The unit
has to pay only 25% of the rating fee. The rest 75% of the fee will be collected
directly by us from NSIC.
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Q
How many cases have you done so far?
A We have rated over
2500 MSME units.
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Q
What if my unit is new?
A As long as your unit is SSI certified,
we can assess your case.
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Q
What about acceptance by banks?
A Our rating has been approved by
the Indian Banks Association (IBA). This leads to acceptance with various banks.
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Q
How to apply for NSIC-ONICRA rating?
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Q
How does the rating scale work?
A The rating
scale is based on parameters of Performance and Credit assessments in 5 X 3 matrix
methodology.Points range from
1 to 5 to highest to poor performance. A, B, C for high, moderate, low financial
strength.
Performance
capability |
Financial Strength |
|
High |
Moderate |
Low |
|
Highest |
SE 1A |
SE 1B |
SE 1C |
|
High |
SE 2A |
SE 2B |
SE 2C |
|
Moderate |
SE 3A |
SE 3B |
SE 3C |
|
Weak |
SE 4A |
SE 4B |
SE 4C |
|
Poor |
SE 5A |
SE 5B |
SE 5C |
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