What is pre-shipment finance and how do I access it?

Curated by Vinod Kumar Jain & Amit Jain · All Frontier Global · free, no login

Pre-shipment finance (packing credit) is a loan from an Indian bank to fund the procurement, production, and packaging of goods before shipment. Two types: (1) PCFC (Pre-Shipment Credit in Foreign Currency) — in USD/EUR at SOFR/EURIBOR-based rates, typically lower than INR credit; (2) Packing Credit in INR — at concessional rates for confirmed export orders. Apply with your confirmed purchase order or LC.

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