ECGC Limited
Last updated on 18 Feb 2024
Key facts
Indian export credit agency established to promote international trade by providing export credit insurance to goods and services.
PUBLIC
1983
Credit rating (S&P)
BBB-
BBB-
Foreign currency
Local currency
Authorizations and country export data
FY 2023 authorizations by type
Short Term ECIB
51%
Short-term policies
49%
Medium & Long Term Covers
0%
2022 export destinations
Financing modalities
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80%–95%
90%–100%
Products
- Types:
- Shipments comprehensive risks policy
- Small exporters policy
- Export turnover policy
- Specific shipment policy
- Export (specific buyers) policy
- Consignment policy
- Buyer exposure policy
- Multi-buyer exposure policy
- Micro exporters’ policy
- Service policy
- IT enabled service policy and software project policy
- Credit terms: Up to 180 days from the date of shipment
- Risks covered: Commercial, political, and/or letter of credit opening bank risk
- Types:
- Whole turnover packing credit1
- Whole turnover post shipment
- Individual packing credit
- Individual post shipment
- Branch-wise packing credit
- Surety covers
- Export finance
- Credit terms: Up to 180 days from the date of the advance
- Protection offered: Against losses that may be incurred in extending credit advances due to protracted default or insolvency of the exporter client
- Types:
- Construction works policy
- Specific policy for supply contract
- Specific shipment policy
- Specific service policy
- Other products
- Factoring Services for SMEs
- Overseas investment insurance
- Customer-specific covers
Policies
- ECGC's mission is to support the Indian export industry by providing cost-effective insurance and trade related services to meet the growing needs of Indian export market through optimal utilization of available resources
