Overseas buyers/importers can avail this facility for import of eligible goods and services from India on deferred payment terms. The facility enables exporters/contractors to expand abroad and into non-traditional markets. It also enables exporters/contractors to be competitive when bidding or negotiating for overseas jobs.
Buyer's Credit is extended to a foreign project company that intends to award the project execution to an Indian project exporter. The financing will be available to all kinds of projects and service exports from India.
Facility is available for development, upgrading or expansion of infrastructure facilities; financing of public or private projects such a plants and buildings; professional services such as surveyors, architecture, consultations, etc.