External commercial borrowing applications require authorised-dealer submission and prescribed documentation under FEMA borrowing regulations for specific schemes.

Form ECB requires submission through an authorised dealer to the Reserve Bank for permission to raise External Commercial Borrowing, with documentary attachments including the lender's offer letter, relevant government approvals, import contracts/invoices, export realisation certificates where applicable, NBFC registration/credit rating, and lender ratings when required. The form captures scheme category, borrower history of ECBs and parked funds, full loan terms (interest, fees, all-in-cost, maturity, grace and repayment terms), lender identity, security, drawdown and repayment schedules, import particulars for short-term credit, project cost details for scheme applications, and mandatory applicant and authorised dealer certifications.

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