State-Specific Information

Raw Material Assistance Scheme

in Gujarat

Last updated: 14 Apr 2026

View National Details All Gujarat Schemes

Raw Material Assistance Scheme in Gujarat

Raw Material Assistance Scheme is a government scheme available to eligible residents of Gujarat.

Apply for Raw Material Assistance Scheme in Gujarat

Scheme Overview

Raw Material Assistance Scheme aims to help MSMEs by way of financing the purchase of Raw Material (Both indigenous & imported). This gives an opportunity to MSMEs to focus better on manufacturing quality products.

Eligibility Criteria

Any Manufacturing/Service MSME having a Udyam Registration Certificate can apply for assistance under the Scheme.

**Note:** No trading activity is allowed under the scheme.

Benefits

Note: Security in the form of Bank Guarantee from Approved Banks.

Required Documents

#	Document	Details
1	A passport-size photograph of each of the Proprietor/Directors/Partners/Society office bearers.
2	Identity proof i.e. PAN Card, Aadhaar Card etc.
3	Residence proof i.e. Utility Bill (Latest Telephone/postpaid mobile /Electricity bill), Property or Municipal Tax receipt, Bank Account or post office savings bank account statement, Passport, Driving Licence, Voter’s Identity Card.
4	Self-attested photocopy of Udyam Registration Certificate/UAM, GST Registration Certificate,
5	Self-attested statement of personal assets and liabilities along with the residential address of Proprietor/Directors/Partners/ Society office bearers.
6	A copy of the Board Resolution in case of Pvt./Public Ltd. Co., Power of Attorney in case of a partnership firm & a Governing Body Resolution in case of Society authorizing the signatory to sign and to deal with NSIC in respect of financial assistance req
7	Specimen signatures of authorized signatory attested by the bank.
8	Copy of sanction letter for credit limit sanctioned by the FIs/ banks.
9	Audited/Provisional financial statements of the unit i.e. (i) Last year's Audited financial statements. (ii) Provisional current-year financial statements. (iii) For startup MSME unit Current year Estimates financial statements duly certified by its Audit
10	Bank statement of the unit for the last six months.
11	Copy of the latest Electricity Bill.
12	Conduct a Report of Accounts of the unit with Banks (Other than Bank Guarantee issuing Bank) and Financial Institutions in cases where the status/ conduct of loans is not available in the credit information report.
13	Certificate/ undertaking from the unit that their name(s), name of the company/its owners/associates/sister concern/ members/directors, in any way does not fall in the list of CIBIL/RBI defaulters list or any sort of case is there against them.
14	Copy of orders in hand, in case of enhancement of limit beyond five crores.
15	Unit’s request letter for renewal of limit and declaration that there is no change in constitution, promoters & address.
16	In case there is any change in the constitution, promoters & addresses, and relevant supporting documents are to be obtained.
17	Copy of the latest and valid Bank Sanction letter.
18	In case of renewal is due after the due date of filing of income tax return, a copy of the Audited Annual Accounts for the last financial year. In case, audited annual accounts are not finalized, a self-attested declaration of financial parameters of the
19	Projected/Estimated annual accounts of the Current Financial Year or self-attested financial parameters as per the appraisal note.

Common questions in Gujarat

Who can apply for Raw Material Assistance Scheme in Gujarat?

Eligible residents of Gujarat who meet the scheme’s overall criteria can apply for Raw Material Assistance Scheme. Refer to the eligibility section above for the complete checklist.

What documents are required for Raw Material Assistance Scheme in Gujarat?

Applicants in Gujarat typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.

Frequently Asked Questions

What is "Raw Material Assistance Scheme"?

In order to assist the Micro, Small and Medium Enterprises (MSMEs) in procuring the raw material(s), NSIC arranges to provide raw material as per specific needs and requirement of the unit(s).

Who can avail assistance under the Scheme?

Does NSIC facilitate procurement of raw materials for trading activities?

Does NSIC facilitate MSMEs for raw material procurement against advance payment or on credit?

How to apply for raw material assistance on credit under the Scheme?

Where to submit application for raw material assistance?

How the limit is sanctioned for procurement of material on credit?

Whether there is any ceiling of the limit to be sanctioned under the Scheme?

What is the validity of the limits sanctioned under the Scheme?

How does NSIC provide credit support to MSMEs for procurement of raw materials?

Whether payment is released to the MSME?

What is the credit period of the assistance provided?

What are the benefits to MSMEs under the Raw Material Assistance Scheme?

What is the rate of interest charged, if repayment is not made within 180 days?