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  #1  
February 4th, 2016, 03:22 PM
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About ECGC India

hii sir I wants to know about the Export Credit Guarantee Corporation of India will you please provide me the overview of the Export Credit Guarantee Corporation of India?
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  #2  
February 4th, 2016, 05:23 PM
Super Moderator
 
Join Date: Mar 2012
Re: About ECGC India

The ECGC Limited is a company wholly owned by the Government of India based in Mumbai, Maharashtra. It provides export credit insurance support to Indian exporters and is controlled by the Ministry of Commerce.

Services :

Provides a range of credit risk insurance covers to exporters against loss in export of goods and services.
Offers guarantees to banks and financial institutions to enable exporters to obtain better facilities from them.
Provides Overseas Investment Insurance to Indian companies investing in joint ventures abroad in the form of equity or loan.


It offered following services to Exporters that are
Offers insurance protection to exporters against payment risks
Provides guidance in export-related activities
Makes available information on different countries with its own credit ratings
Makes it easy to obtain export finance from banks/financial institutions
Assists exporters in recovering bad debts
Provides information on credit-worthiness of overseas buyers

Facts and Figures :
Largest Policy – short term Rs.450 crores
Largest database on buyers 8 lakhs
Largest credit limit Rs.80 Crores
Largest claim paid Rs.120 crores
Quickest claim paid 2 days
Highest compensation-Iraq Rs 788 Crore


for more details you may contact to the Export Credit Guarantee Corporation of India the contact details are as follow :

Contact details
Export Credit Guarantee Corporation of India:
Express Towers,10th Floor,

Nariman Point,

Mumbai - 400 021.

Tel : 6659 0500 / 6659 0510


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