Central · Export Incentive
Export Promotion Mission – Interest Subvention on Pre- and Post-Shipment Export Credit
- Maximum benefit
- 2.75% a year on rupee export credit, up to ₹50 lakh per exporter a year
- Who can apply
- Micro, Small, Medium enterprises, for specific activities only
- Status
- Open; current term ends 31 March 2031
Is EPM Interest Subvention open? Key facts at a glance
EPM Interest Subvention (Central): 2.75% a year on rupee export credit, up to ₹50 lakh per exporter a year.
Last verified: 20 Oct 2026. How we check our information
| Status | Open. Confirm the status before you apply (see the note on this page). |
|---|---|
| Level | Central government scheme |
| Type of benefit | Interest Subvention on Export Credit |
| Maximum benefit | 2.75% a year on rupee export credit, up to ₹50 lakh per exporter a year |
| Project cost range | Not applicable |
| Who can apply | Micro, Small, Medium enterprises (Manufacturing, Trading). Only for: Only for MSME exporters with an active IEC and Udyam registration, and only on export credit for products whose six-digit HSN tariff line is on the DGFT positive list. |
| Implementing agency | Directorate General of Foreign Trade (Department of Commerce); bank claims settled through EXIM Bank from 1 April 2026 |
| Where to apply | DGFT portal |
| Official notification | Read the notification (PDF) · notified 2 January 2026 |
| Current term ends | 31 March 2031 |
| Last verified | 20 Oct 2026 · How we check |
What is EPM Interest Subvention?
Under the Export Promotion Mission (EPM – Niryat Protsahan), approved by the Union Cabinet on 12 November 2025 for 2025-26 to 2030-31, micro, small and medium exporters get an interest subvention of 2.75% a year on rupee pre-shipment (packing) credit and post-shipment export credit, up to ₹50 lakh per exporter in a financial year.
Banks pass the subvention on upfront. Only exports of products on the DGFT positive list qualify, and the exporter must generate a Unique Identification Number (UIN) on the DGFT portal for each bank. EPM consolidates earlier export support, including the Interest Equalisation Scheme.
Official notification (PDF) · notified 2 January 2026
What are the key benefits of EPM Interest Subvention?
- Interest subvention of 2.75% a year on rupee pre-shipment (packing) credit and post-shipment export credit for micro, small and medium exporters (Trade Notice 20/2025-26, para 2(i)).
- Up to ₹50 lakh per exporter in a financial year (para 2(ii)).
- The bank passes the subvention on upfront and claims it back: from EXIM Bank for credit from 1 April 2026 (Trade Notice 17/2026-27), from RBI before that.
- Since 20 April 2026, 167 more iron and steel tariff lines (Chapter 72) are on the list, for micro and small exporters only (Trade Notice 01/2026-27).
What could a unit get under EPM Interest Subvention?
The ceiling the scheme sets. What a particular unit receives depends on its project cost, location and the conditions on this page, so no rupee figure is worked out here.
Up to the scheme’s limits: 2.75% a year on rupee export credit, up to ₹50 lakh per exporter a year
Illustrative only: this is the scheme’s maximum, not an estimate for your unit. Source: DGFT Trade Notice No. 20/2025-26, 2 January 2026 (F.No. 01/02/48/AM-26/EPM), amended by Trade Notices 22 and 33/2025-26 and 01, 03, 13 and 17/2026-27; Export Promotion Mission approved by the Union Cabinet on 12 November 2025.
Who can apply for EPM Interest Subvention?
- MSME manufacturer and merchant exporters with a valid, active IEC (not suspended, cancelled or on the Denied Entity List) and a valid Udyam registration.
- Only exports of products whose six-digit HSN tariff line is on the notified positive list (Annexure II of the trade notice).
- The export credit must be given under RBI's directions on credit facilities (Trade Notice 22/2025-26).
Eligible business types
MSME categories covered
Eligible industries
How do I apply for EPM Interest Subvention?
- Before taking the export credit, file an online intent on the DGFT portal to get a Unique Identification Number (UIN) linked to the IEC and the bank account.
- Give the UIN to the bank. One UIN covers one bank, pre-shipment and post-shipment credit need separate UINs (Trade Notice 13/2026-27), and a borrower who changes bank needs a new UIN (Trade Notice 03/2026-27).
- From 2026-27 the UIN must be generated within 15 days of the original disbursal (Trade Notices 03/2026-27 and 13/2026-27).
Apply at: DGFT portal
Which documents are needed for EPM Interest Subvention?
- IEC (Import Export Code)
- Udyam Registration
- UIN generated on the DGFT portal
- Export order or letter of credit
- Bank sanction of the export credit
Can EPM Interest Subvention be combined with other schemes?
In Haryana, it can be combined with:
Why are EPM Interest Subvention applications rejected?
- Product's HSN tariff line not on the DGFT positive list
- UIN not generated within 15 days of the original disbursal
- IEC suspended, cancelled or on the Denied Entity List
- No valid Udyam registration
Subsidy Setu's DPR preparation process addresses all common rejection points before filing.
Frequently asked questions about EPM Interest Subvention
- Is EPM Interest Subvention open?
- It is listed as open, but confirm the status before you apply: DGFT issued these guidelines as a pilot and reviews the rates every six months, so the 2.75% rate and the list of eligible products can change. Check the latest DGFT trade notice before relying on them. Status last verified: 20 Oct 2026.
- Who can apply for EPM Interest Subvention?
- Micro, Small, Medium enterprises (Manufacturing, Trading). Only for: Only for MSME exporters with an active IEC and Udyam registration, and only on export credit for products whose six-digit HSN tariff line is on the DGFT positive list.
- What is the maximum benefit under EPM Interest Subvention?
- 2.75% a year on rupee export credit, up to ₹50 lakh per exporter a year.
- How do I apply for EPM Interest Subvention?
- 1. Before taking the export credit, file an online intent on the DGFT portal to get a Unique Identification Number (UIN) linked to the IEC and the bank account. 2. Give the UIN to the bank. One UIN covers one bank, pre-shipment and post-shipment credit need separate UINs (Trade Notice 13/2026-27), and a borrower who changes bank needs a new UIN (Trade Notice 03/2026-27). 3. From 2026-27 the UIN must be generated within 15 days of the original disbursal (Trade Notices 03/2026-27 and 13/2026-27). Apply at: DGFT portal.
Related schemes
Want this subsidy? Talk to our expert team
Leave your name and mobile number. Our team calls you back within one working day (Monday to Saturday).
Your details are never sold; they are shared only as our Privacy Policy describes.