NSIC assists you to become a trusted verified supplier by way of evaluating Performance Credit Rating by internationally renowned rating agencies like CARE , CRISIL ,FITCH , ICRA , ONICRA , SMERA , Dun & Bradstreet(D&B) (Empanelment of  D&B under this scheme was valid upto 31.03.2009. Thereafter rating is being done by SMERA as "NSIC-D&B-SMERA Rating") and  BRICKWORK RATINGS (BWR)

A scheme for MSMEs has been formulated in consultation with Indian Banks’ Association(IBA) and Rating Agencies. NSIC has been appointed the nodal agency for implementation of this scheme through empanelled agencies.

• An independent, trusted third party opinion on capabilities and credit-worthiness of MSMEs.
• Availability of credit at attractive interest.
• Recognition in global trade.
• Prompt sanctions of Credit from Banks and Financial Institutions.
• Subsidized rating fee structure for MSMEs.
• Facilitate vendors/buyers in capability and capacity assessment of MSMEs.
• Enable MSMEs to ascertain the strengths and weaknesses of their existing operations and take corrective measures.

Availability of an independent evaluation of the strength and weaknesses of an MSME unit seeking credit and thereby enabling banks and financial institutions manage their credit risk.

• A combination of credit and performance factors including operations, finance, business and management risk.
• Uniform Rating Scale for all empanelled rating agencies.
• MSME have the liberty to choose among the empanelled Rating Agencies.
• Turn-Over based Fee structure.
• Partial Reimbursement of Rating Fee through NSIC.

Please contact the respective rating agency

Click here to view/download  Performance & Credit Rating Scheme 

Click here to view/download the application form 

Criteria for empanelment of new rating agencies under Performance and Credit Rating scheme

Concession by NSIC in rate of interest for units rated under Performance & Credit Rating Scheme.

Circular of concession given by Banks for Performance & Credit Rating.