LOC: Lines of Credit

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Exim Bank extends Lines of Credit (LOCs) to overseas financial institutions, regional development banks, sovereign governments and other entities overseas, to enable buyers in those countries to finance developmental and infrastructure projects, or to import equipment, goods and services from India, on deferred credit terms. Indian exporters can obtain payment of eligible value from Exim Bank, without recourse to them,against negotiation of shipping documents.

LOCs Enable:

  • Entry to new markets
  • Financial Comfort
  • Consolidation and Expansion
  • Showcase Indian capabilities
  • Strengthen Bilateral cooperation
  • Build Partnerships
  • Promote International Trade
  • Synergy - A Winning Combination
  • Developmental Impact
  • Help enable the private sector to leverage its strengths
  • Local capacity enhancement – spread of associated goods and services
  • Cluster Effect
  • Tool for Market Diversification
  • Indian Footprint
  • Jobs– in India and Overseas Countries
  • Downstream linkages for further exports

In Sum

  • LOCs have contributed to greater visibility of Indian project export capabilities
  • Export of Indian goods and services have been facilitated to 60 countries
  • LOCs have strengthened bilateral cooperation with the comity of nations
  • www.eximbankindia.in/lines-of-credit


Exim Bank, on behalf of the Government of India, extends from time to time, concessional credit facilities under the Indian Development and Economic Assistance Scheme (IDEAS) to overseas governments / their nominated agencies in developing countries for financing projects involving procurement of goods, civil works, consulting and non-consulting services to be contracted to Indian entities. The Government of India has prescribed bidding, procurement and tendering procedures for these projects. Such projects are under the broad sectoral headings (illustrative, not exhaustive) of:

  • Agriculture (including crop improvement, research stations, supply of tractors and farm equipment)
  • Information Technology or Telecom insfrastructure (IT Parks/Centres, Microwave Links, V-SAT Terminals, optical fibre networks)
  • Civil construction (including housing, hospitals etc.
  • Fisheries (including pisiculture, cold storage)
  • Industrial projects (sugar, cement, food processing, textile, automotive etc.)
  • Irrigation (including micro/drip irrigation, canals etc.)
  • Mining and mining equipment
  • Power Generation (thermal, hydro)
  • Power transmission and distribution, including rural electrification
  • Railways (including track laying, route construction, signalling, locomotives and rolling stock)
  • Renewable energy (including solar, wind, bio-gas)
  • Roads and highways
  • Supply of vehicles (including trucks, buses, other commercial vehicles)
  • Water and sanitation (including desalination, water treatment and purification, storage and distribution)
  • Services such as software development

The LOC Contract Process is as under:


Lines of Credit

  • A milk processing plant under Exim Bank’s GOI-supported Line of Credit to the Government of Mauritania being inaugurated by the Hon’ble President of Mauritania
  • LOCs extended to the Government of Rwanda for financing the 28 MW Nyaborongo Hydro-power project in Rwanda being inaugurated by the Hon’ble President of Rwanda
  • The 27.5 km long Madhu Road to Talaimannar railway line project in Sri Lanka was completed and was flagged off by Hon’ble PM of India