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Home >>Technical Training Courses >> Export Credit and Guarantee Corporation of India
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Export Credit Guarantee Corporation of India (ECGC)
Services offered by Export Credit Guarantee Corporation of India Ltd. (ECGC) Regd. Office - Express Towers, 10th floor, Nariman Point, Mumbai 400021. Northern Regional Office - Antriksh Bhawan, 8th Floor, 22, Kasturba Gandhi Marg, New Delhi 110001.
ECGC is a company wholly owned by the Government of India. It functions under the administrative control of the Ministry of Commerce and is managed by a Board of Directors representing Government, Banking, Insurance, Trade, Industry, etc. It offers a wide range of policies to cover practically every type of export transaction. Provides guarantee covers for banks including cover for pre-shipment finance.
Covers issued by ECGC-
The covers issued by ECGC can be divided broadly into four groups -
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(i) Standards policy issued to exporters to protect them against payment risks involved in exports on short-term credit and Small Exporter's Policy issued for the same purpose to exporters with small export;
(ii) Specific Policies designed to protect Indian firms against payment risks involved in (a) exports on deferred terms of payment (b) services rendered to foreign parties and (c) construction works and turnkey projects undertaken abroad
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(iii) Financial guarantees issued to banks in India to protect them from risks of loss involved in their extending financial support to exporters at the pre shipments as well as post-shipment stages, and
(iv) Special schemes, viz, Transfer Guarantee meant to protect banks which add confirmation to letters of Credit opened by foreign banks. Insurance cover for Buyer's Credit, Line of Credit, Overseas Investment Insurance and Exchange Fluctuation Risk Insurance.
ECGC Offices -
1. Gujarat and Union Territory of Daman and Diu, Nagar Haveli Branch Office - Ahmedabad Nagindas Chambers, 1st Floor, Opp. NTC Showroom, Usmanpura, Ashram Road, Ahmedabad 380014.
2. Western Part of Maharashtra, comprising of Pune, Nasik, Sholapur, Sangli, Kolhapur & Konkan Region including Ratnagiri and State of Goa. Branch Office - Pune Vastu Chambers, 1st Floor, 1202/39, Shirole Road, Shivaji Nagar, Pune 411005.
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3. Rest of Maharashtra including Vidharba and Madhya Pradesh Regional Office - Bombay Dalamal House, 2nd Floor, Jamanalal Bajaj Marg, Nariman Point, Mumbai 400021.
4. Orissa Branch Office - Bhubaneshwar A-77, Sahid Nagar, Bhubaneshwar 751007.
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5. Assam, Nagaland, Meghalaya, Manipur, Tripura, Arunachal Pradesh and Union Territory of Mizoram. Branch Office - Guwahati Assam Govt., Industrial Estate, Bamuni Maidan, Near Diptron, Guwahati 781001.
6. Eastern Parts of U.P. comprising of Allahabad, Bhadohi, Gopiganj, Khamaria, Mirzapur and Varanasi etc. Branch Office - Varanasi 5-20/ 560, Kennedy Road, The Mall, Cantonment, Varanasi 221002.
7. West Bengal, Bihar, Sikkim, Andaman & Nicobar Islands. Regional Office - Calcutta Appejay House, 4th Floor, Block' A', 15th Park Street, Calcutta 700016.
8. Rajasthan Branch Office - Jaipur B-17-B, Chomu House, Sardar Patel Marg, 'C' Scheme, Jaipur 302001.
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9. Central U.P. comprising of Lucknow, Kanpur, Kannuaj & Rai Bareli Branch Office - Kanpur 15/46, 1st Floor, Civil Lines, Kanpur 208001.
10. North Western U.P. Comprising of Moradabad, Bareily & Nainital Branch Office - Moradabad Vikas Manzil, Hall No.3, 3rd Floor, G.M.D.Road, Moradabad 244001 (UP.)
11. Punjab, Himachal Pradesh & Union Territory of Chandigarh Branch Office - Ludhiana Suryakiran Complex, 2nd Floor, 92, The Mall, P.B. No. 281 Ludhiana 141001
12. Jammu & Kashmir Branch Office - Srinagar O.S.D. Air Cargo Complex, M. Sheerwani Road, Srinagar 190001
13. Agra, Mathura, Hathras & Aligarh Brnllc1z Office - Agra 9/4, Sanjay Place, Ground Floor, Agra 282002
14. Rest of Western U.P. i.e., Meerut, Haryana & Union Territory of Delhi Regional Office - New Delhi Antriksh Bhawan, 8th Floor, 22, Kasturba Gandhi Marg, New Delhi 110001
15. Andhra Pradesh Branch Office - Hyderabad Haca Bhavan, 2nd Floor, Opp. Public Gardens, Hyderabad 500004
16. Karnataka Branch Office - Bangalore Raheja Towers, 11th Floor, West Wing, 265, M.G. Road, Bangalore 560001
17. Kerala and Lakshadweep Branch Office - Cochin " Abhivirdhi", XXXV 418-B,3 & 4 Durbar Hall Road, Ernakulam Cochin 682016
18. Districts of Coimbatore Nilgiris, Periyar & Trichy in Tamil Nadu. Branch Office - Coimbatore 195, 2nd Floor, West Tirunekataswamy Rd., RS. Puram Coimbatore 641002
19. Union Territory of Pondicherry and Tamil Nadu (other than districts mentioned at 17 above) Regional Office - Madras, 7th Floor, Spencer Towers, 770-A, Anna Sarai, Chennai 600002.
Apart from the above organisations helping the small entrepreneurs, we have also included addresses of some more specialised agencies in this regard. These are given in Annexure IV.
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