Incentive Data

Shipping industry allowed to avail Long Term Finance Facility.

2. In light of the shipping industry's significance in overall economic development and foreign exchange savings, shipping industry has been allowed to avail LTFF/ILTFF subject to the following terms and conditions:

  1. Refinance will be allowed for purchase of ships & vessels as per existing rate & tenor of LTFF/ILTFF.



No. IH&SMEFD/8230/2020 dated July 15, 2020