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<h1>Interest subvention eligibility clarified: UIN generation and non-portability govern admissibility, claim process, and bank reporting.</h1> Interest subvention is payable only for export credit disbursed on or after scheme commencement and at the rate prevailing on disbursal; subvention ceases from the date an account becomes an NPA and applies only for the actual outstanding period in case of early foreclosure. A UIN must be generated on or before loan disbursal and is non-portable; change of bank requires a new UIN. Where multiple banks provide credit, the exporter is solely responsible for ensuring aggregate claims remain within the annual ceiling. Banks must register online, submit claims mapped to borrower UINs, and verify IEC status.
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