What is EPM Niryat Protsahan?
If you are an Indian MSME exporter, 2026 is your year. After years of fragmented and short-lived export subsidy schemes, the Government has finally launched a single, six-year mission called the Export Promotion Mission (EPM) — announced in the Union Budget 2025–26 and now fully operational.
EPM has two wings. Niryat Protsahan handles the financial side — cheaper credit, risk cover, and guarantees. Niryat Disha handles the non-financial side — market access, trade fairs, overseas warehousing, and quality compliance. This article focuses on Niryat Protsahan, which directly puts money in your pocket.
Interest Subvention on Export Credit
Best for: All MSME exporters with export loans
This is the most universally useful scheme. If you have taken a pre-shipment or post-shipment rupee export credit from any scheduled commercial bank, the government will pay 2.75% of your interest cost directly to your bank — and your bank passes this benefit to you upfront.
In simple terms: if your bank charges you 10% on your export loan, you effectively pay only 7.25%. On a ₹1 crore loan, this saves you ₹2.75 lakh per year.
Important Update: RBI Out, Exim Bank In
From 1st April 2026, the implementing agency has shifted from RBI to Exim Bank of India (DGFT Trade Notice 17/2026–27). Ask your bank’s trade finance desk about the updated claim process.
Who is Eligible?
- MSME exporters with valid IEC and Udyam Registration
- Export credit availed for eligible product categories
- Both pre-shipment and post-shipment rupee credit covered
How to Get This Benefit
- Register on DGFT portal (dgft.gov.in) — get a Unique Identification Number (UIN)
- Link your UIN with your bank’s export loan account
- Bank automatically applies reduced interest rate upfront — no further action needed
Credit Assistance for E-Commerce Exporters
Best for: Sellers on Amazon, eBay, Etsy, Flipkart Global
India has over 1.5 lakh MSME exporters on platforms like Amazon Global Selling and eBay. Amazon alone has pledged to facilitate $80 billion in exports from India by 2030. Yet the biggest challenge for these businesses has always been working capital — you must buy stock and ship it before you receive payment.
This scheme solves exactly that. MSME e-commerce exporters can now get collateral-free working capital credit backed by a government guarantee of up to 90%.
Two Types of Credit Available
Type A — Direct E-Commerce Credit (courier/postal exporters): Credit limit up to 20% of your average e-commerce export sales in the past two years, maximum ₹50 lakh. No collateral.
Type B — Overseas Inventory Credit: If you store inventory in an overseas warehouse or E-Commerce Export Hub (ECEH), get credit up to 50% of inventory cost. Guarantee cover: 75%, fee: 1% p.a.
Who is Eligible?
- MSMEs with valid IEC and Udyam registration
- Selling through recognised e-commerce platforms (Amazon, eBay, Etsy, Flipkart Global etc.)
- Cross-border trade via courier, postal, overseas warehouse or ECEH routes
- At least 2 years of e-commerce export track record
How to Apply
- Generate UIN on DGFT portal
- Approach any scheduled commercial bank with your UIN and e-commerce export records
- Exim Bank approves in-principle within 3 working days
- NCGTC issues guarantee within 1 working day
- Bank sanctions your working capital — total turnaround: ~4 working days
Support for Emerging Export Opportunities
Best for: Exporters venturing into new or risky overseas markets
You have a buyer in Africa, Southeast Asia, or Latin America. The deal is real — but your Indian bank refuses to confirm the LC because it cannot assess the foreign bank’s creditworthiness. Result: you lose the order.
Under this scheme, Exim Bank provides risk cover to your bank so it can confidently handle LC-based trade with buyers in risky or new markets — through six internationally recognised mechanisms:
| Mechanism | What It Means for You | Cover |
|---|---|---|
| LC Confirmation | Your bank guarantees payment even if the foreign bank fails | 100% |
| Risk Participation | Exim Bank shares the payment risk with your bank | Up to 90% |
| SBLC | Standby LC — payment guarantee if buyer defaults | 100% |
| IRU | Exim Bank guarantees reimbursement to your bank | 100% |
| LC Negotiation | Your bank negotiates documents with Exim Bank covering payment risk | Variable |
| UPAS LC | Buyer gets 90-day credit; your bank gets paid on Day 1 | Exim-backed |
Who is Eligible?
- MSME exporters with LC-based export transactions
- Exports to markets where your bank cannot independently assess buyer’s bank risk
- Goods not prohibited under ITC(HS) 2022
- Transactions NOT involving FATF blacklisted or UN-sanctioned countries
How to Access
- Contact your bank’s trade finance desk with LC/instrument details
- Bank submits to Exim Bank for risk cover
- Exim Bank gives approval within 3 working days
- Your bank confirms LC / negotiates documents — you export with confidence
Quick Comparison: All 3 Schemes
| Feature | Interest Subvention | E-Commerce Credit | Emerging Markets Cover |
|---|---|---|---|
| Who needs it | All MSME exporters with export loans | MSMEs on Amazon, eBay, Etsy | Exporters using LC to new markets |
| Key benefit | 2.75% cheaper loans | Collateral-free working capital | Risk cover on LC transactions |
| Max limit | ₹50L/year saving | ₹50L credit | 100% of LC value |
| Collateral needed | As per loan | None | As per LC terms |
| Cost to you | Nothing extra | 0.5% p.a. fee | 0.5%–2.5% p.a. fee |
| Approval time | Automatic | ~4 working days | ~4 working days |
The Bottom Line for MSME Exporters
Export loan? → Ask for EPM interest subvention.
Sell on Amazon/eBay/Etsy? → Apply for e-commerce working capital credit.
Buyer in Africa/SE Asia/Middle East? → Ask your bank about Exim Bank risk cover.
Frequently Asked Questions
Can I avail more than one EPM scheme?
Yes. An MSME exporter who sells on Amazon and also has pre-shipment loans can benefit from both the e-commerce credit and interest subvention schemes simultaneously.
Do I need to register separately for each scheme?
The DGFT UIN is the starting point for all EPM schemes. Your bank handles the rest of the process with Exim Bank on your behalf.
My bank hasn’t heard of this. What should I do?
Ask specifically for the bank’s Trade Finance or Export Finance department and mention “EPM Niryat Protsahan” with DGFT Trade Notice 31/2025–26 and 32/2025–26. All scheduled commercial banks are eligible to participate.
Are service exports covered?
These schemes primarily cover physical goods exports. Service exporters should check the DGFT portal for applicable EPM interventions separately.
Disclaimer: This article is for informational purposes only, based on official DGFT Trade Notices and Exim Bank guidelines published in 2026. Scheme eligibility, rates, and limits are subject to change. Eximerge is not a bank, financial advisor, or government authority. Verify current details with your Authorised Dealer Bank or the DGFT portal (dgft.gov.in) before availing any benefit.