BSE-NSE-web Portlet

Exporters Gold Card

Gold Card Scheme for exporters envisages issuing Gold Cards to credit worthy exporters with good track record ensuring easy availability of export credit on better terms

  • Features & Benefits
  • Eligibility
  • Annual Charges

Key Features

  •  Cards are issued to credit worthy exporters, with good track record, ensuring easy availability of export credit on better terms.
  •  Simplified and faster processing of credit requirements.
  •  Low charges & fee structure.
  •  Card holders are eligible for concession in interest rates, exchange on DD, commission on bills for collection, processing fee etc.
  •  Card holders are given preference over others for providing PCFC and foreign currency credit cards.
  •  Security norms will be relaxed for the card holders.
  •  Credit limits will be sanctioned for 3 years with provision for automatic renewal subject to the account being operated satisfactorily.
  •  The unit should have been in the export business at least for 3 years
  •  The unit should have earned profit during the preceding 3 years
  •  The unit/promoters/guarantors should not be/ have been in the Specific Approval List of ECGC or caution/defaulters list of RBI
  •  The credit facilities with the banks should be standard assets for the past 3 years
  •  PCL, LC, BG etc. should not have become overdue during the past 3 years
  •  There should not be any case of overdue import bills including collection bills