RBI Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit
Interest equalization subvention of 2% to 3% on pre-shipment and post-shipment export credit for MSME merchant and manufacturer exporters.
Quick Eligibility Snapshot
₹Benefits & Entitlement Breakdown
📊Budget Allocation & Beneficiary Reach
Backed by budgetary allocation under Department of Commerce exceeding ₹2,500 Crore annually
Official Budget Document ↗Over 28,000 MSME exporters supported with reduced export financing costs
As of: 2026-01-20PIB / Official Citation ↗Verified Eligibility Criteria
Manufacturer exporters and MSME merchant exporters holding valid IEC and shipping products under notified HS lines.
Required Documents Checklist
Verify readiness before applying for RBI Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit. Check off your papers or print this list before visiting your local CSC / Cyber Cafe.
Mandatory Documents(3)
Check off as readyKeep self-attested photocopies and clear digital scans (100 KB – 200 KB, PDF/JPG format) ready to avoid portal upload timeouts.
Worried About Application Rejection for RBI Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit?
Over 30% of applications on official portals get delayed or rejected due to minor certificate authority mismatches or unseeded bank accounts. Our civic research desk compiles a verified 1-page Scheme Blueprint tailored to your state and profile.
- ✓Valid issuing authority rules (Tehsildar/SDM)
- ✓Aadhaar-DBT bank seeding verification
- ✓Direct official portal guide (no middlemen)
- ✓Email delivery in 1–2 hrs during desk hours
🔒 Secure Razorpay Checkout • 100% Independent
Application Effort & Process Friction
Readiness assessment derived from official prerequisites, mandatory documentation, and submission channels.
Effort scores reflect portal accessibility, mandatory document burden, and physical verification requirements.
How to Apply
- 1
Obtain Import Export Code (IEC) from DGFT and Udyam MSME registration.
- 2
Approach financing bank with confirmed foreign export purchase order or letter of credit (LC).
- 3
Bank calculates packing credit / post-shipment rupee facility and applies interest subvention rate directly.
- 4
Bank claims reimbursement from Reserve Bank of India on a monthly basis.
✅Before You Begin — Pre-Application Checklist
⚠️Common Rejection Reasons — Avoid These
Exporter not holding valid IEC, export product falling outside eligible tariff lines, or delinquency on packing credit.
Official Government Application Portal
You will be redirected to the secure official portal: www.dgft.gov.in
Get Curated Scheme Alerts & Application Deadlines
Never miss an installment date, scholarship deadline, or new state subsidy. Voluntarily subscribe to receive verified government scheme updates directly on WhatsApp or Email.
Successfully Subscribed!
Your preferences are securely saved. You will receive verified alerts when application windows open. You can unsubscribe anytime.
💡 Need an immediate personalized document checklist & rejection audit for your profile?
Get Scheme Blueprint (₹49)→Frequently Asked Questions (Officially Sourced)
Verified answers sourced directly from official circulars, gazettes, and portal FAQs. Never AI-invented.
What is the subvention rate for MSME manufacturer exporters?
MSME manufacturer exporters receive an interest equalization subvention of 3% per annum on export credit.
Source: Official Scheme FAQ ↗Is the subvention available for both pre-shipment and post-shipment credit?
Yes, the subvention applies to both pre-shipment packing credit and post-shipment bill discounting.
Source: Official Scheme FAQ ↗How does the exporter receive the benefit?
The lending bank automatically reduces the interest rate charged on the export loan facility and claims the reimbursement from the RBI.
Source: Official Scheme FAQ ↗Can I track my RBI Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit application status?
Application status for RBI Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit can typically be tracked through the official portal at www.dgft.gov.in using your Aadhaar number, application reference number, or registered mobile number. Alternatively, contact the scheme helpline or visit your nearest Common Service Centre (CSC).
What should I do if my RBI Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit payment is delayed or rejected?
First, verify your Aadhaar-bank account seeding status on the NPCI mapper (npci.org.in). If seeding is confirmed and payment is still pending, register a complaint on the Central Public Grievance Redressal System at pgportal.gov.in. You may also file an RTI application at rtionline.gov.in to obtain official rejection reasons within 30 days.
Is there an income tax implication for receiving RBI Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit benefits?
Agricultural income and certain welfare subsidies may be exempt from income tax under Section 10 of the Income Tax Act, 1961. Tax treatment varies by scheme type and beneficiary income level. Consult a certified tax practitioner or visit incometax.gov.in for scheme-specific tax guidance.
Common Rejection Reasons & Warnings
Exporter not holding valid IEC, export product falling outside eligible tariff lines, or delinquency on packing credit.
Editorial Verification & Change Log
| Date | Field | Description / Update | Source Citation |
|---|---|---|---|
| 2026-10-19 | scheme_type | cs | Official Source ↗ |
| 2026-09-28 | initial_verification | Baseline verification of RBI Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit guidelines, benefits, and portal integration. | Official Source ↗ |
⚖Compare with Similar Schemes
Side-by-side eligibility, benefit, and effort comparison:
Application Window & Deadlines
Operational as extended by Directorate General of Foreign Trade (DGFT) and RBI
🛟Grievance & RTI Channels
Scheme Intelligence
How is this calculated? ↗Verified 7d ago from .gov.in source
Requires documentation or office visit
Related Welfare Programs
National financial inclusion mission ensuring universal access to banking facilities with zero-balance savings accounts, RuPay debit cards, and credit facilities.
Affordable government-backed one-year renewable life insurance scheme offering ₹2 lakh life risk cover on death due to any cause.
Highly subsidized accidental death and disability insurance offering ₹2 lakh cover for just ₹20 per year supporting citizen beneficiaries nationwide.
📅Scheme Milestone Timeline
Baseline verification of RBI Interest Equalisation Scheme for Pre and Post Shipm...
Official Source ↗Schemes You Can Stack With This
Complementary programs with non-conflicting eligibility that you can claim concurrently:
Official Helpline & Nodal Offices
Directorate General of Foreign Trade (DGFT)
Vanijya Bhawan, 16 Akbar Road, New Delhi 110011
Helpline: 011-23038700
Jurisdiction: NationalNotice a Discrepancy?
Help keep civic data 100% accurate. We audit every report against primary gazettes.
Verification Metadata
Last verified by Eligo researchers on 2026-10-12 against official government documentation.
Eligo is an independent information platform unaffiliated with any government body. Always confirm latest terms directly on the official portal.