External Commercial Borrowings
Features
Easy access to Foreign Currency Funds sitting in India..
No approval is required from RBI for ECB up to USD 750 Million or equivalent per financial year irrespective of the category of the borrower.
Minimum average maturity period for ECB is 3 years.
How to open an account?
Who can Apply
All entities eligible to receive FDI.
| Eligibility | All entities eligible to receive FDI. |
| Currency | USD, EUR, GBP & AUD |
| Regulations | Applicable regulatory norms of RBI / FEMA / IFSCA / Overseas Regulator |
| Pricing | Floating |
How to Apply
Please contact your relationship manager or nearest branch/ office.
Interest Rates & Service Charges
Market determined ceiling subject to maximum all-in-cost ceiling at per RBI guidelines.
Terms & Conditions
Master Direction - External Commercial Borrowings, Trade Credits and Structured Obligations by RBI latest Dec 10, 2021 and as amended from time to time.