Interest Equalisation Scheme UIN requirement: exporters must obtain and submit a UIN to banks to access scheme benefits. Exporters must obtain a Unique IES Identification Number (UIN) on the DGFT portal-after registering and ensuring IEC linkage-pay the user charge, and submit the auto generated UIN acknowledgement to their bank when applying for interest equalisation on rupee export credit; UINs are non amendable (requiring generation of a new UIN for corrections), have limited validity, and banks will continue internal scrutiny with separate validation guidelines from the central bank.
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Interest Equalisation Scheme UIN requirement: exporters must obtain and submit a UIN to banks to access scheme benefits.
Exporters must obtain a Unique IES Identification Number (UIN) on the DGFT portal-after registering and ensuring IEC linkage-pay the user charge, and submit the auto generated UIN acknowledgement to their bank when applying for interest equalisation on rupee export credit; UINs are non amendable (requiring generation of a new UIN for corrections), have limited validity, and banks will continue internal scrutiny with separate validation guidelines from the central bank.
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