Scheme for Small Exporters Policy-SEP Financial Assistance


Ministry

Ministry of commerce & industry

Description

This is a basically Standard Policy, incorporating certain improvements in terms of cover, in order to encourage small exporters to obtain and operate the policy. It is issued to exporters whose anticipated export turnover for the period of one year does not exceed Rs.5 crore. The maximum liability shall not exceed Rs.2 crore. The nature of commercial risks and political risks cover is similar to that of the Shipment Comprehensive Risk (SCR) or standard policy.

Sponsored By

Central Government of India

Objective

For exporters with anticipated export turnover below Rs.5 crore, for one year; standard policy with certain improvements

It aims to provide financial assistance to exporters.

Eligibility

Exporters whose anticipated export turnover for the period of one year does not exceed Rs.5 crore are eligible.

Beneficiaries

Exporters

Benefits

An insurance policy for small exporters issued for a period of 12 months

How To Apply

A Udyami Helpline: Dial 1800-180-6763 [Toll Free Number] for queries relating to this Schemes.

Contact to

 To the nearest branch office of the corporation.

Status

Active

Sector

Commerce & Industry



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