ECB 6

ECB 6 (Application for permission to raise External Commercial Borrowings under USD 5 million Scheme/ USD10 million Scheme)


Instructions:
1. The application complete in all respects should be submitted in duplicate by the applicant
company through the authorised dealer to the Chief General Manager, Exchange Control
Department, Central Office, ECB Division, Reserve Bank of India, Mumbai - 400 001. In
case the credit facilities are availed of from a consortium of banks, the application should
be submitted through the lead bank.
2. No column should be left blank and/or omitted. Where any column/item is not applicable,
please indicate "Not applicable" against it.
3. Before forwarding the application to Reserve Bank, the authorised dealer should
carefully scrutinise the application for raising the proposed foreign currency loan and
ensure that the application is complete in all respects.
4. Please furnish the details in a separate sheet wherever space is not sufficient.
Documentation:
5. Following documents duly certified by Authorised Dealer should be forwarded with the
application.
(i) A copy of offer letter from the overseas lender furnishing complete details of the
proposed loan arrangement and its terms and conditions.
(ii) Bank certificates in respect of export realisation for last 3 years in case the
application is being made under Exporters’/Foreign Exchange Earners’ Scheme.
(iii) Copy of credit rating awarded by a recognised credit rating agency and copy of
RBI registration certificate if the applicant is a NBFC.
(iv) Copies of FIPB/SIA/CCEA approvals wherever applicable.