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schemes of ecgc |
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Re: schemes of ecgc
The Export Credit Guarantee Corporation of India Limited Schemes is provides detail in order to provide export credit insurance support to Indian exporters the government of India set up the Export Credit Guarantee Corporation of India Limited (ECGC). Functions of ECGC: Provides a range of credit risk insurance covers to exporters against loss in export of goods and services, Offers guarantees to banks and financial institutions to enable exporters obtain better facilities from them, Provides overseas investment insurance to indian companies investing in joint ventures abroad in the form of equity or loan. ECGC services Provides: Offers insurance protection to exporters against payment risks Provides guidance in export-related activities Makes available information on different countries with its own credit ratings Makes it easy to obtain export finance from banks/financial institutions Assists exporters in recovering bad debts Information on credit-worthiness of overseas buyers Get detail of ECGC Scheme: Funded: Packing Credit Post Shipment Overdraft Rupee Loan Non – Funded: Bid Bond Advance payment Performance guarantee Retention Money guarantee Overseas Lending Finance guarantee |
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