NIRYAT PROTSAHAN - Interest Support Launched for Pre- and Post-Shipment Export Credit for MSMEs
Niryat Protsahan is a financial support initiative under the Export Promotion Mission (EPM) of the Government of India, announced in the Union Budget 2025–26 and formally approved by the Union Cabinet in November 2025. This sub-scheme is implemented by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce & Industry, in collaboration with the Ministry of MSME and the Ministry of Finance. Its main aim is to improve access to affordable trade finance for MSME exporters by providing interest support (subvention) on pre- and post-shipment export credit, alongside other credit enhancement tools, so that MSME exporters can compete internationally with better liquidity and lower borrowing cost.
Key Features
- Interest Support on Pre-Shipment Export Credit: This feature provides interest support on loans taken by MSMEs before goods are exported. Pre-shipment credit is typically used for procurement of raw materials, manufacturing, processing, packaging, and transportation of export goods. The scheme reduces the effective interest rate paid by the exporter on such credit.
- Interest Support on Post-Shipment Export Credit: Post-shipment credit support applies to loans taken after goods are shipped, while the exporter waits for payment from overseas buyers. This feature helps MSMEs manage cash-flow gaps during the payment realisation period and prevents working-capital stress.
- Support Limited to Bank-Sanctioned Export Credit: Interest support is available only on export credit extended by scheduled commercial banks or approved financial institutions. The scheme does not provide direct loans; it only reduces the interest burden on eligible export credit facilities.
- Exclusive Focus on MSME Exporters: The scheme prioritises MSME-registered exporters, including first-time exporters. Large enterprises are not the primary beneficiaries unless separately notified under Export Promotion Mission guidelines.
- Part of a Structured Export Promotion Framework: Niryat Protsahan operates as a financial pillar of the Export Promotion Mission, aligning export credit support with broader national export growth objectives.
Financial Assistance
Note - Exact rate of interest support is subject to notification and may change based on government circulars.
Eligibility Criteria
Who can apply:
- MSMEs with valid Udyam Registration
- Exporters holding a valid Import Export Code (IEC)
- MSMEs availing pre-shipment or post-shipment export credit from banks
Who cannot apply:
- Non-exporting businesses
- Entities without IEC
- Loans not linked to export activity
Documents Required
- Udyam (MSME) Registration Certificate
- Import Export Code (IEC)
- Export order / invoice / shipping bill
- Bank sanction letter for export credit
- GST registration (if applicable)
- KYC documents of proprietor/partners/directors
Application Process for the scheme
Option 1: Apply with Bullit (Recommended)
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Recommended for: Lean teams. Save time and effort with expert assistance.
Option 2: Through Lending Bank (Official Route)
- Approach your export-credit-providing bank.
- Apply for pre- or post-shipment export credit.
- Bank processes interest support claim under Niryat Protsahan once guidelines are notified.
Power Combo with the scheme