ECGC provides a variety of credit risk insurance plans to protect Indian exporters against losses suffered during the export of their goods and services. Export Credit Insurance is also provided to banks and other financial institutions, allowing exporters to obtain better services from them.
ECGC is primarily an export promotion agency that aims to increase the competitiveness of Indian exports by providing credit insurance. To fulfil the needs of commercial banks offering export credit, the Corporation has created a variety of export credit insurance plans.
ECGC is the world's fifth largest credit insurance firm dealing with exports. The Export Credit Guarantee Corporation of India provides insurance against importer nonpayment. Financial institutions are better positioned to lend and provide larger credit to exporters because of this insurance coverage.
ECGC provides banks with a variety of guarantees, including:
Guaranteed Packing Credit
Guarantee of Export Production Finance
Credit Guaranteed After Shipment
Guarantee for Export Finance.
Guaranteed Export Performance.
Guarantee for Export Finance (Overseas Lending).
Risks that are covered by commercial insurers are not covered by ECGC. Exporters can implement a complete programme that protects them from both commercial and political dangers. Depending on the requirements, the exporter might choose just policies that cover political risks.
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Reviews
J
Jay Vyas
5
This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
G
gopi krishna acharya
5
Amazing Practical approach to Export and Import Trading. Should be most useful for beginners.
G
gopi krishna acharya
5
Most Simple , Lucid explanation of intricate procedures involved in the Business of Exports N Imports. Thanks to Sri Kunal Sir and the Architects of the Course.
Y
Yadvendra Kumawat
5
कोर्स के अंदर जो आप प्रक्रिया बताते हैं उसे कैसे संबंधित दस्तावेज भी बताएं और दस्तावेजों में को कैसे भरना है इससे संबंधित भी वीडियो बनाएं बहुत अच्छा होगा
M
Mohammad Altaf
5
I wants to write lots of things for appreciate but firstly I need to confirm one doubt. But it's very useful.
D
Dinesh Kumar
5
यह कोर्स मेरे लिए उतना ही प्रभावशाली और जरूरी है जैसे एक इंसान को सांस की जरूरत होती है
L
Limbasiya Dax
5
Very good 👍🏻😊
H
Harshvardhan Maharnur
5
nice
D
Dinesh Kumar
5
Mere Hisab Se Isase Accha Course Ho Hi Nahi Sakata Etana Details Me Aur Etena Acchi Tarah Se Samajhaya Gaya H Ki Age Kucch Kahane Ke Liye Nahi Bachata Agar Ek Shabd Me Kahun To Superb.
R
Ramesh Solanki
5
Awesome, I want to know about exim word during questionaire what it indicates ?
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