Export Credit Refinancing (ECR)

Export Credit Refinancing (ECR) provides an alternative short term pre- and post-shipment financing to direct/indirect exporters to promote export of manufactured products, agriculture products and primary commodities.

It is available to a manufacturer or trading company with ECR credit line duly established with any participating commercial bank.

The pre-shipment ECR facility facilitates the production of eligible goods for export prior to shipment and to encourage the backward linkages between exporters and local suppliers in industrial development. The post-shipment ECR facility bridges the funding requirement of exporter from shipment to receipt of payment of the export bill.