Amendments to Guidelines for Interest Subvention Support for Pre- and Post-Shipment Export Credit under Export Promotion Mission - Niryat Protsahan

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....der Export Promotion Mission (EPM) in Trade Notice No. 20/2025-26 dated January 02, 2026, and Trade Notice No. 22/2025-26 dated January 16,2026 the following amendments and insertions are hereby issued for operational clarity and certainty. These shall form part of the Interest Subvention Support for Pre- and Post-Shipment Export Credit under Export Promotion Mission (EPM) - Niryat Protsahan as issued earlier-  Para No. Existing Text Revised/Inserted Text Draft HBP Para X.1(b) Export credit extended by lending institutions in accordance with the Reserve Bank of India's consolidated Directions on Credit Facilities, as amended from time to time, shall qualify for support under this component. The credit facility shall b....

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....urnish the applicable UIN to their lending bank, and the bank shall report interest subvention claims mapped to the corresponding UIN. A new Unique Identification Number (UIN) shall be required to be generated reflecting the revised bank details in cases where the borrower changes the lending bank. Portability of UIN shall not be permitted, and the existing UIN shall not be transferred to the new bank. Further, the UIN must be generated on or before the date of disbursal of pre-shipment or post-shipment export credit, failing which interest subvention support shall not be admissible in respect of such disbursal. The rate of interest subvention applicable shall be the rate prevailing on the date of loan disbursal. Inserted Dra....

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....the documents generated on the DGFT portal refer to the same unique identification number for the interest subvention benefit. • SAMPLE UIN under EPM would be as per the format below - EPMIESxxxxxxxxxxxx. • UIN obtained under the erstwhile Interest Equalisation Scheme(IES) shall not be eligible to pass subvention benefits to exporters under EPM Interest subvention. • Exporters can only apply for a UIN against the notified Positive List of HS Codes at the time of application. Draft Appendix A Para 4(d) In cases where the borrower repays the entire loan amount in advance before the stipulated tenure, the lending institution shall report the early foreclosure of the loan account to the RBI. In ca....