§1Who it is for

  • Was for MSME manufacturer exporters and exporters of 410 identified tariff lines

Useful if

Nobody — closed.

Do not spend time on it if

All.

§2Eligibility

Not published

The guideline does not list eligibility conditions. Ask the portal or bank before you apply — we do not make up lists.

§3Benefits

  • Was 3% for MSME manufacturer exporters and 2% for 410 tariff lines (per secondary summary)
  • Cap ₹50 lakh per MSME for FY2024-25 till 31 Dec 2024

§4Norms — pattern of assistance

Not published

The guideline does not list the norms. Ask the portal or bank before you apply — we do not make up lists.

§5Documents

Not published

The guideline does not list the documents. Ask the portal or bank before you apply — we do not make up lists.

§6How to apply

  1. 1

    Closed — use EPM interest subvention instead

§7Pros and cons

Merits

  • Arrears cleared under EPM

Demerits

  • No longer available

→Related schemes

Need help with IES?

Eligibility check, DPR and application file — ask us on WhatsApp.

WhatsApp usServices

Our interestHelp is our paid service. You can also apply for the scheme yourself.

Sources

  1. RBI notification: Interest Equalization Scheme (IES) on Pre and Post Shipment Rupee Export Credit
  2. PIB backgrounder: Export Promotion Mission — Integrated Pathway for MSMEs (24 Feb 2026)

Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.