To provide post-shipment credit in foreign currency at internationally competitive rates of interest by discounting of usance export bills / purchase of sight/demand export bills and negotiation of bills under LCs.

All SME units and Export / Trading houses sourcing their requirements from SMEs with

• profit making units with proven track record in exports for last three years and sound financial position
• requirement of export finance assistance of at least Rs.100 lakh

Need based limit, depending on the normal trade terms and credit period given to overseas buyers by exporters not exceeding 180 days. Assistance in rupees is also considered independent of FC limits.

Rate of interest-

For EBF - Not exceeding 0.75% over 6 Month LIBOR.

For PSCR - As per RBI guidelines and the score chart introduced by SIDBI.