To enable small scale industries to import capital equipment for new projects, expansion, diversification, technology upgradation and modernisation of existing units.

To enable import of raw materials, consumables etc. by SME units and Export / Trading Houses sourcing their requirements for export from SMEs

Industrial concerns in the small scale sector and Export / Trading Houses sourcing their requirements from SME sector.

Currency - USD, EUR, JPY

LC in other convertible currencies are also opened subject to the cross currency exchange risk being borne by the importer.

Amount - minimum of USD 25,000 or equivalent, however FLCs for lesser amounts may be considered on case to case basis.

Margin - 100% or backed by a term loan or Pre-shipment credit limits sanctioned by SIDBI/Primary Lending Institutions

Charges - As per FEDAI guidelines