Interest Equalization Scheme

The government has approved the extension of Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit up to March 31, 2024 or till further review, whichever is earlier.

The Interest Equalization Scheme for pre and post shipment rupee export credit is formulated to provide credit to the exporters at competitive rates. The scheme provides for specified interest rate subvention to all Manufacturers & Merchant Exporters (MSME & NON MSME) exporting Under 410 HS line.