Revolving Export Credit Facility

Revolving Export Credit Facility is an advance extended to exporters to bridge their temporary working capital requirement upon presentation of all valid and acceptable export documents, except a bill of loading. The Revolving Export Credit Facility loan amount to be advanced is up to a maximum of 90% depending on the financial strength and track record of the customer.

In addition to the General Eligibility Criteria, customers are required to fulfill the following specific requirements for the facility.

• It is approved for exporters with a clean track record in the export business.
• The customer’s Credit Risk Grade should be 1, 2, or 3 with a clean record of accomplishment.