Interest Equalization Scheme | Pre and post shipment rupee export credit by interest equalization with low interest rates

Operated by
Ministry of Textiles, Central Government
Purpose 
To provide export credit to exporters by providing five years interest equalization on pre and post shipment with low interest rates
Probable duration
2015

Eligibility

  •  The scheme would be available to all exports of MSME and 416 tariff lines

Benefit Description

Interest Equalization Scheme - Financial assistance by providing relief to textile exporters by export credit up to five years by interest equalization on pre & post shipment with low interest rates

Application process

-

Other Details

Conditions if Any
  • On completion of three years of operation of the scheme, Department of Commerce may initiate a study on impact of the scheme on export promotion and its further continuation.
More Information
Annexure Link: 
# Refer the following link for number of tariff lines: http://pib.nic.in/newsite/PrintRelease.aspx?relid=131591

Link: 
https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=10159&Mode=0

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