Export Finance for every stage of your order
Working capital from raw-material purchase to final realization of export proceeds — Packing Credit before shipment and bill discounting / negotiation after. ECGC-backed.
Packing Credit Limit (PCL)
A short-term loan to buy raw materials, process, manufacture, pack and ship goods — given before shipment, based on a confirmed export order or LC.
Key Features
- Purpose — working capital for materials, wages, packing, transport to port
- Limit type — fund-based, running account
- Tenure — up to 180 days, extendable to 360 days with RBI approval
- Interest rate — Repo Rate + Spread; competitive PCFC rates in USD / EUR
- Currency — INR Packing Credit or Foreign Currency Packing Credit (PCFC)
- Security — export order / LC, hypothecation of stock, ECGC cover
How It Works
You receive an export order / LC from an overseas buyer.
We sanction a Packing Credit Limit against the order.
You withdraw funds to procure materials and execute the order.
Once goods are shipped, the PCL is liquidated by Post-Shipment Finance.
Documents: IEC, RCMC, Export Order / LC, Proforma Invoice, GST, last 2 years financials.
Get paid faster, the moment you ship
Advance given after shipment — bridging the gap between shipment and actual receipt of payment from your overseas buyer.
How It Works
You ship goods and submit export documents.
We discount the bill and pay you 80–95% upfront.
On the due date, the buyer pays and we adjust the loan.
Balance is released minus interest / charges.
Key Features
- Purpose — immediate cash post-shipment instead of waiting for buyer payment
- Limit type — fund-based, against export bills
- Interest rate — linked to Repo / T-Bill + Spread; PCFC for foreign currency
- Security — export documents, shipping bill, bill of lading, ECGC cover
Pre-Shipment vs Post-Shipment
Benefits of export credit limits
- Maintain cash flow — no blockage of funds from order to realization
- Take bigger orders — sanctioned limits grow with your export turnover
- Subsidized rates — Interest Equalization Scheme for MSME exporters
- Competitive edge — quote better prices with assured working capital
- ECGC backed — credit risk on the buyer covered up to 90%
Who can apply
- Exporter with valid IEC + RCMC
- Minimum 1 year export track record preferred
- Positive net worth + satisfactory CIBIL
- Confirmed export orders from reputed buyers
Keep these ready
Frequently asked questions
Ready to unlock your working capital?
Share your case and our team will assess eligibility and revert quickly. Only genuine cases with valid documents may contact.
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