Credit assistance for e commerce exporters expands guarantee cover and interest relief to eligible MSMEs to boost cross border e commerce financing. Pilot Credit Assistance for E Commerce Exporters provides credit guarantee cover and interest subvention for Cash Credit, Overdraft and other working capital facilities to eligible MSMEs engaged in cross border e commerce. Implemented through Exim Bank and NCGTC with a dedicated trust, the scheme sets eligibility (IEC and Udyam registration, export track record or inventory in recognised hubs/overseas warehouses), distinct Direct and Overseas Inventory facilities with prescribed ceilings, guarantee coverage, tenure and fees, an online UIN based application process, claim invocation timelines, and governance by a Sub Committee on Trade Finance.
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Credit assistance for e commerce exporters expands guarantee cover and interest relief to eligible MSMEs to boost cross border e commerce financing.
Pilot Credit Assistance for E Commerce Exporters provides credit guarantee cover and interest subvention for Cash Credit, Overdraft and other working capital facilities to eligible MSMEs engaged in cross border e commerce. Implemented through Exim Bank and NCGTC with a dedicated trust, the scheme sets eligibility (IEC and Udyam registration, export track record or inventory in recognised hubs/overseas warehouses), distinct Direct and Overseas Inventory facilities with prescribed ceilings, guarantee coverage, tenure and fees, an online UIN based application process, claim invocation timelines, and governance by a Sub Committee on Trade Finance.
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