Exim Bank Fixed Deposit
Export-Import Bank of India is the premier export finance institution of the country, set up in 1982 under the Export-Import Bank of India Act 1981. Government of India launched the institution with a mandate, not just to enhance exports from India, but to integrate the country’s foreign trade and investment with the overall economic growth. Since its inception, Exim Bank of India has been both a catalyst and a key player in the promotion of cross border trade and investment. Commencing operations as a purveyor of export credit, like other Export Credit Agencies in the world, Exim Bank of India has, over the period, evolved into an institution that plays a major role in partnering Indian industries, particularly the Small and Medium Enterprises, in their globalisation efforts, through a wide range of products and services offered at all stages of the business cycle, starting from import of technology and export product development to export production, export marketing, pre-shipment and post-shipment and overseas investment.
| Rating | Period in Months & Interest Rates in % | |||||
| Minimum Amt | Interest Frequency | 12 | 24 | 36 | 48 | 60 |
| 10000 | Hly/Cum | 6.75 | 6.75 | 7.50 | 7.50 | 7.50 |
Remark: 0.5% extra for senior citizens.
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