ECGC Export Credit Insurance for MSMEs

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Benefits

Export credit insurance cover against buyer and country risks for exporting MSMEs

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Source: manual

• ·Udyam registration certificate
• ·IEC (Importer Exporter Code)
• ·Export invoices
• ·Bank account

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How to Apply

1. 1

   Check Exporter Eligibility

   Confirm you have an active IEC (Importer Exporter Code) and have made export shipments

2. 2

   Apply for ECGC Cover

   Contact ECGC at ecgc.in and apply for Buyer-wise or Whole Turnover Export Credit Insurance

3. 3

   Submit Documents

   Provide Udyam certificate, IEC, export invoices, bank details, and buyer information

4. 4

   Policy Issuance

   ECGC issues insurance policy covering buyer non-payment and country political risks

5. 5

   File Claim if Needed

   In case of buyer default, submit claim with shipping documents, invoices, and correspondence within specified timeline

Note: Some schemes cannot be combined on the same expenditure item — verify co-applicability with the respective ministry before applying for multiple schemes.