• Submission of application by MSME unit 
• Application has to be accompanied by the list of documents and MSME share of rating fee (i.e.25% of the total fee). (The payment should be in the name of "Onicra Credit Rating Agency of India Ltd." payable at Delhi)
• Collection of information from MSME unit 
• Conduct basic research
• Site visit & meeting with MSME management
• Research analysis and preparation of report approval by rating committee
• Approval of rating by the Rating Committee
• Communicate rational of Rating to MSME and NSIC
• ONICRA will assign rating within a month after the receipt of all the documents from the MSME unit 

A Registered MSME Unit in India is eligible to avail the benefit of the rating scheme. A proof of registration is required.  Register Yourself

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.