HOw to calculate ECGC CHarges

ECGC Charges

Export Credit Guarantee Corporation charges is payable on Packing credit on monthly basis.

How To Calculate ECGC Charges:-

1)      1) Calculate total of Per day Closing balance

2) 2)      Calculate Average of per day closing balance

3)  3)     Then multiply average calculated above with 0.6* & Divide with 1000*.

*Note: This rate may differ depends on bank to bank.