The following are the schemes of assistance extended by Export- Import Bank of India
A. It extends as assistance to exporters engaged in export of plant, equipment, machinery and related services by way of medium term loans for the period exceeding six months. This credit assistance enables exporters to extend deferred credit to the foreign buyer.
B. It extends financial assistance to Indian promoters who promotes overseas joint ventures to support their equity investments through overseas investment finance.
C. It extends overseas buyers credit to foreign importers for import of Indian Capital goods and related services.
Under its Foreign Currency Pre shipment Credit (FCPC). Exim Bank gives short term foreign currency finance to eligible exports for procurement of inputs and to commercial banks for on-lending to export customers; the terms of finance are
A. Interest rate on finance is maximum 2% over LIBOR (London Inter Bank Offered Rate).
B. Maximum period of finance is 180 days from the date of disbursement.
C. For commercial banks, loans availed from EXIM Bank are exempted from the requirement of Cash Reserve Ratio. Statutory Liquidity Requirement and Incremental Credit-Deposit Ratio requirements.