Export Credit Finance in India
Explore Pre-shipment Packing Credit, Post-shipment Finance, PCFC, Export Bill Discounting, Invoice Factoring and MSME Export Working Capital solutions. Compare available lender options and get professional loan application assistance across India.
Export Finance Solutions | INR & Foreign Currency Facilities | MSME & Corporate Exporters
Export Credit Finance – Overview
Export Credit Finance provides short-term working capital and trade finance facilities to eligible exporters for managing pre-shipment production expenses, procurement of raw materials, manufacturing, packaging, shipment and post-shipment receivables.
Exporters may explore Rupee-denominated credit facilities linked to applicable bank benchmarks or foreign currency facilities such as Pre-shipment Credit in Foreign Currency (PCFC), where offered by authorised lenders. Foreign currency finance may be benchmarked to SOFR or another applicable reference rate, depending on currency and lender terms.
Pre-shipment Finance
Typical tenure, extendable up to 360 days subject to lender norms.
Post-shipment Finance
Generally linked to export bill realization and facility terms.
Rupee Export Credit
Rates may be linked to applicable Repo, MCLR or other lender benchmarks.
Foreign Currency Credit
Foreign currency export finance subject to lender availability and currency risk.
Types of Export Credit Finance
Pre-shipment Packing Credit
Working capital assistance for purchasing raw materials, manufacturing, processing, packaging and preparing goods for export orders.
Apply NowEMI CalculatorPCFC – Foreign Currency
Pre-shipment credit in eligible foreign currencies for exporters with qualifying export orders and lender-approved requirements.
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Finance against eligible export bills after shipment to manage receivable cycles and business cash flow.
Apply NowEMI CalculatorExport Bill Discounting
Explore discounting or negotiation of eligible export bills to receive funds before the overseas buyer makes payment.
Apply NowEMI CalculatorExport Factoring
Receivables-based funding and collection support against eligible export invoices, subject to factoring arrangements.
Apply NowEMI CalculatorExport Working Capital
Working capital assistance for eligible exporters to manage procurement, production, shipment and receivable requirements.
Apply NowEMI CalculatorGovernment Interest Equalization Scheme
Eligible exporters may explore applicable Government interest support schemes, subject to current scheme validity, notified product coverage, exporter classification, bank participation, caps and prevailing government guidelines.
Scheme availability, rates and eligibility can change. Applicants should confirm the current status and applicable benefit with their bank and the relevant government authority before relying on any subsidy.
Commercial Banks – Export Credit Finance
Commercial banks authorised to handle foreign exchange transactions may provide eligible INR and foreign currency export credit facilities, including pre-shipment and post-shipment finance. Actual sanction depends on export orders, borrower profile, transaction documentation and bank policy.
| Institution | Min / Max Loan Amount | Typical Tenure | Benchmark Interest Rate (p.a.) | Processing Fee / Charges | Apply / EMI |
|---|---|---|---|---|---|
| State Bank of India (SBI) | ₹10 Lakh – Need-based (₹100+ Cr) | Pre: Up to 270 days Post: Up to 180 days | INR: Repo + 2.20% to 3.20% (approx. 7.35% – 9.20%) PCFC: SOFR + 1.50% to 2.50% | 0.25% – 0.50% of sanction limit (capped per norms) | Apply NowEMI Calculator |
| Bank of Baroda | ₹5 Lakh – ₹7.50 Cr (Micro/SME) / Need-based (Large) | Pre: Up to 270–360 days Post: Up to 180 days | INR: Repo / MCLR + 1.80% to 3.50% (approx. 8.00% – 10.00%) PCFC: SOFR + 1.75% to 3.00% | 0.25% – 0.75% of limit (concessional for Gold Card holders) | Apply NowEMI Calculator |
| HDFC Bank | ₹25 Lakh – Need-based (₹50+ Cr) | Pre: Up to 180–270 days Post: Up to 180 days | INR: Repo / 1-Yr MCLR + 1.50% to 3.00% (approx. 8.25% – 9.75%) PCFC: SOFR + 1.50% to 2.75% | 0.35% – 0.75% + GST | Apply NowEMI Calculator |
| ICICI Bank | ₹25 Lakh – Need-based | Pre: Up to 270 days Post: Up to 180 days | INR: I-MCLR / Repo + 1.75% to 3.25% (approx. 8.30% – 9.90%) PCFC: SOFR + 1.60% to 2.80% | 0.50% – 1.00% + GST | Apply NowEMI Calculator |
| Indian Bank | ₹10 Lakh – Need-based (up to ₹80 Cr under ECGC cover) | Pre: Up to 180–360 days Post: Up to 180 days | INR: Repo + 2.70% (Prime) to 6.40% (Overdue/Extended) PCFC: Alternative Reference Rate + margin | 0.25% – 0.50% of sanction limit | Apply NowEMI Calculator |
NBFCs & Export Factoring Institutions
NBFCs and digital trade finance providers may offer invoice discounting, export factoring and working capital solutions for eligible MSME exporters. Funding structure, currency, transaction eligibility and pricing vary by provider.
| Institution | Min / Max Loan Amount | Typical Tenure | Typical Interest / Discount Rate | Processing & Factoring Fee | Apply / EMI |
|---|---|---|---|---|---|
| Bajaj Finserv | ₹5 Lakh – ₹75 Lakh | 90 days – 24 months (unsecured working capital) | 10.00% – 15.00% p.a. (unsecured export working capital) | Up to 1.50% – 2.00% + GST | Apply NowEMI Calculator |
| Tata Capital | ₹10 Lakh – ₹5 Cr | 90 – 360 days | 10.50% – 14.00% p.a. | 1.00% – 2.00% + GST | Apply NowEMI Calculator |
| Credlix / Digital Trade NBFCs | ₹1 Lakh – ₹10 Cr ($10k – $1M+) | 30 – 120 days (per invoice tenor) | 5.50% – 10.00% p.a. (USD/foreign invoice discounting) | 0.50% – 1.20% factoring charge (or nil based on model) | Apply NowEMI Calculator |
| Drip Capital | $20,000 – $2.5 Million | 30 – 120 days (post-shipment factoring) | SOFR + 4.00% – 7.00% (effective 6.00% – 10.50% p.a.) | 0.75% – 1.50% factoring transaction fee | Apply NowEMI Calculator |
Small Finance Banks – Export Credit Finance
Small Finance Banks may cater to eligible micro and small manufacturing exporters through MSME and priority-sector export credit facilities, subject to their applicable product policies.
| Institution | Min / Max Loan Amount | Typical Tenure | Typical Interest Rate (p.a.) | Processing Fee / Charges | Apply / EMI |
|---|---|---|---|---|---|
| AU Small Finance Bank | ₹5 Lakh – ₹5 Cr | Pre: Up to 180 days Post: Up to 90–120 days | 9.50% – 13.00% p.a. (Repo/EBLR linked) | 0.75% – 1.50% + GST | Apply NowEMI Calculator |
| Equitas Small Finance Bank | ₹3 Lakh – ₹2 Cr | Pre: Up to 180 days Post: Up to 90 days | 10.00% – 13.50% p.a. | 1.00% – 1.50% + GST | Apply NowEMI Calculator |
| Ujjivan Small Finance Bank | ₹2 Lakh – ₹1.5 Cr | 90 – 180 days | 10.50% – 14.00% p.a. | 1.00% – 2.00% + GST | Apply NowEMI Calculator |
| Capital Small Finance Bank | ₹5 Lakh – ₹3 Cr | Up to 180–270 days | 9.25% – 12.50% p.a. | 0.50% – 1.25% + GST | Apply NowEMI Calculator |
Export Credit Finance – Eligibility Criteria
Registered Export Business
Business entities engaged in eligible export activities with relevant business registration and export documentation.
IEC & Export Orders
Importer Exporter Code (IEC), valid export orders, purchase orders or other transaction evidence as required.
Financial Track Record
Business financial statements, bank transactions, turnover and repayment history acceptable to the lender.
Creditworthiness
Satisfactory credit profile, banking conduct, repayment capacity and lender-specific risk assessment.
MSME Classification
Eligible MSME registration and compliance documents, where applying under relevant MSME export credit products or schemes.
Export Compliance
Compliance with applicable foreign trade, customs, FEMA, RBI and lender documentation requirements.
Documents Required for Export Finance
Business KYC
- PAN of entity and promoters
- Business registration proof
- Address proof
- Director / partner KYC
Export Documents
- IEC certificate
- Export purchase orders
- Export contracts
- Shipping bills
- Bill of lading / airway bills
Financial Documents
- Audited financial statements
- ITR and GST returns
- Bank statements
- Debtor and creditor details
- Existing loan details
Trade & Receivables
- Export invoices
- Bill of exchange
- Letter of Credit, if applicable
- Overseas buyer details
- Receivable ageing report
How to Apply for Export Credit Finance
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Funding for eligible industrial machinery, plant and business equipment.
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Working capital limits for eligible business cash flow requirements.
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Working capital facilities against eligible stock and receivables.
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Funding assistance for eligible complex corporate and project requirements.
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Explore multi-lender financing structures for eligible large projects.
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Working capital assistance against eligible business invoices and receivables.
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Funding assistance for eligible factory, plant, production and industrial expansion.
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Business & Corporate Finance
Explore solutions for MSMEs, exporters, manufacturers, traders and corporate borrowers.
Frequently Asked Questions – Export Credit Finance
What is Export Credit Finance?
Export Credit Finance provides eligible exporters with working capital before or after shipment through facilities such as Packing Credit, PCFC, export bill discounting, negotiation and factoring.
What is Pre-shipment Finance?
Pre-shipment finance, also known as Packing Credit, supports eligible expenses incurred before goods are shipped, such as raw material procurement, manufacturing, processing and packaging.
What is Post-shipment Finance?
Post-shipment finance provides funding against eligible export bills and receivables after goods have been shipped to an overseas buyer.
What is PCFC?
Pre-shipment Credit in Foreign Currency is an export finance facility denominated in an eligible foreign currency, subject to the bank's product terms and applicable regulations.
Can MSME exporters get interest subsidy?
Eligible MSMEs may explore applicable government interest support schemes. The availability and benefit depend on current scheme guidelines, product coverage and eligibility.
Which documents are generally required?
Common documents include IEC, business KYC, financial statements, bank statements, export orders, invoices, shipping documents and other records requested by the lender.
Does LoansBazaar India sanction export credit?
No. LoansBazaar India provides financial product comparison, loan enquiry and application assistance. The respective bank or NBFC independently assesses and decides on sanction and disbursement.
Apply Online for Export Credit Finance
Looking for pre-shipment finance, post-shipment credit, PCFC or export invoice discounting? Connect with LoansBazaar India for loan comparison and application assistance across India.
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