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National Toll Free No1800 425 00 000

Interest rate on Rupee Export Credit

Interest rate on Rupee Export Credit

PRE-SHIPMENT CREDIT Existing Rate
Up to 270 days BASE Rate + 2.00 %
Against incentives receivable from Government covered by ECGC guarantee upto 90 days BASE Rate + 2.00 %
POST-SHIPMENT CREDIT
(a) On demand bills for transit period ( as specified by FEDAI) BASE Rate + 2.00 %
(b) Usance Bills (For total period comprising usance period of export bills, transit period as specified by FEDAI and grace period wherever applicable).
(i) Upto 180 days
(ii) Up to 365 days for exporters under the Gold Card Scheme
BASE Rate + 2.00 %
(c) Against incentives receivable from Government covered by ECGC guarantee (upto 90 days.) BASE Rate + 2.00 %
(d) Against undrawn balance (upto 90 days) BASE Rate + 2.00 %
(e) Against retention money (for supplies portion only) payable within one year from the date of shipment (Upto 90 days) BASE Rate + 2.00 %