ECGC Limited, formerly known as Export Credit Guarantee Corporation of India was founded on the 30th of July, 1957. It is one of the oldest initiatives of the Government of India. The idea was initiated under the expertise of Mr. T.S Kapur, the finance minister of India in the cabinet of Pt. Jawaharlal Nehru. The first policy was issued on 14th October, 1957. The initial name was changed to Export Credit Guarantee Corporation of India Ltd. in the year 1983. It was in the year 2014 in August, that it was renamed as ECGC Ltd.
Apart from setting a base in providing credit Insurance support to Indian exporters, this company has also ventured into various other financial services. It started with the aim of covering the risk of exporting on credit to strengthen export promotion. Today, it stands as the seventh largest company in the world in terms of the export credit insurance market.
ECGC Health Insurance takes pride in being the seventh largest company in the world for export credit insurance. The company also has various other achievements added to its merit. In a span of 50+ years, it has achieved various notable records. It held a record of largest policy provided for short term which amounted to Rs. 450 Crores. Some of the other notable accolades include the largest database of buyers which added up to 8 lakhs, Largest credit limit (80 crores) , largest claim period (8 years) and quickest claim period of 2 day amongst many others. In the present day, ECGC has two branches in the Southern region and is spread in the Northern, Eastern and Western Regions as well.
As we are proceeding towards a digital age, ECGC has also always walked ahead with the times. It has evolved along with the changing needs of the consumers at every step. With the online payment option, it facilitates the convenience to many policy holders. The consumers do not need to stand in long lines for payment and renewals.
Since most of the users and policy holders are not as digitally advanced as the newer generations, the company has made it a point to keep its portal easy to use and extremely user friendly. There are various options available online for the functionalities of the ECGC Online Insurance Payment. Firstly, there is a recharge option available. Tracking the policies have also become very easy, thanks to the portal. The most integral function of the portal is that it provides various payment options, keeping in lieu with the convenience of the consumers. The details of all the policies are also elaborated upon on the portal and as a consumer; you can open a plethora of options with just a click.
The consumers can download proposal forms, credit limit application forms, and there are different sections for exporters and bankers. The portal is used by various consumers on a daily basis and it has become of the best features of the company to take benefit from.
ECGC has ventures into various sectors since its inception. The priority of the company is the convenience of their customers. The company is known to offer the best of services and products to its consumers.
We provide services that are divided on various different criterions. One category short term and turnover based, under which we have the SCR, SEP, SRC, ETP, CSA, and BWP. Another category covers Export Credit Insurance for Exporter and is short term as well as exposure based, under which there are policies ranging from SBEP, SITES, SME and SPP. There are many other services that you can take a look at below:
ECGC is one of the oldest initiatives in the country. It has succeeded in giving insurance to various exporters on various levels. Depending on the amount of export they do and the turn over their company has, ECGC offers various types of insurances. It also has a very user friendly online portal which helps consumers stay connected to their redemptions and premiums from anywhere in the world.
-Buyers Credit cover
-Line of credit cover
-Customer specification covers
10th Floor, Express Towers,
Nariman Point, Mumbai ? 400021
Tel :022-56590512-515 Fax : 022-56590517 022-56590530
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