What changed

The RBI has extended the enhanced 450-day export credit period for both pre-shipment and post-shipment credit, originally applicable for disbursals made until March 31, 2026, to now cover disbursals made until June 30, 2026. The underlying 15-month timeline for exporters to realize and repatriate the full export value of goods, software, and services (extended from the standard 9 months via Press Release dated November 14, 2025) continues to remain in effect.

Exporters should verify their export credit arrangements with respective banks to confirm eligibility for the extended 450-day disbursement window. Financial institutions should update systems to accommodate disbursals under the extended timeline. These measures are temporary relief measures in response to geopolitical disruptions, with the RBI indicating continued monitoring of the situation.

What to do next

Verify existing export credit arrangements qualify for 450-day extended period for disbursals made by June 30, 2026
Confirm with banks that the 15-month realization timeline applies to outstanding exports
Ensure documentation for export proceeds realization aligns with the extended timelines

Source document (simplified)

Press Releases

| () | |
| Date : Mar 31, 2026 | |
| Trade Relief Measures for Exporters | |
| | Due to ongoing geopolitical uncertainties and logistical disruptions, Reserve Bank of India has been receiving representations from various stakeholders regarding challenges in adhering to the timelines for realisation of export proceeds.

In this regard, Reserve Bank, vide Press Release No. 2025-2026/1510 dated November 14, 2025, had advised extension in the time period for realisation and repatriation of full export value of goods/software/services exported from India from nine months to fifteen months from the date of export from India. It is clarified that the above relaxations shall continue to remain in force. Exporters may continue to avail the facility in accordance with the conditions stipulated therein.

Additionally, as part of the above measures, the period for realisation of both pre-shipment and post-shipment export credit was enhanced to 450 days, for disbursals made till March 31, 2026. Given the continuing logistical disruptions due to the West Asia crisis, it has been decided to extend the enhanced export credit period of 450 days for all disbursals made till June 30, 2026. The Reserve Bank of India (Trade Relief Measures) Directions, 2026 are, accordingly, being issued today.

Reserve Bank shall continue to monitor the situation closely and intervene in most appropriate manner, as and when required.

(Brij Raj)
Chief General Manager

Press Release: 2025-2026/2362 | | Due to ongoing geopolitical uncertainties and logistical disruptions, Reserve Bank of India has been receiving representations from various stakeholders regarding challenges in adhering to the timelines for realisation of export proceeds.

In this regard, Reserve Bank, vide Press Release No. 2025-2026/1510 dated November 14, 2025, had advised extension in the time period for realisation and repatriation of full export value of goods/software/services exported from India from nine months to fifteen months from the date of export from India. It is clarified that the above relaxations shall continue to remain in force. Exporters may continue to avail the facility in accordance with the conditions stipulated therein.

Additionally, as part of the above measures, the period for realisation of both pre-shipment and post-shipment export credit was enhanced to 450 days, for disbursals made till March 31, 2026. Given the continuing logistical disruptions due to the West Asia crisis, it has been decided to extend the enhanced export credit period of 450 days for all disbursals made till June 30, 2026. The Reserve Bank of India (Trade Relief Measures) Directions, 2026 are, accordingly, being issued today.

Reserve Bank shall continue to monitor the situation closely and intervene in most appropriate manner, as and when required.

(Brij Raj)
Chief General Manager

Press Release: 2025-2026/2362 |
| Due to ongoing geopolitical uncertainties and logistical disruptions, Reserve Bank of India has been receiving representations from various stakeholders regarding challenges in adhering to the timelines for realisation of export proceeds.

In this regard, Reserve Bank, vide Press Release No. 2025-2026/1510 dated November 14, 2025, had advised extension in the time period for realisation and repatriation of full export value of goods/software/services exported from India from nine months to fifteen months from the date of export from India. It is clarified that the above relaxations shall continue to remain in force. Exporters may continue to avail the facility in accordance with the conditions stipulated therein.

Additionally, as part of the above measures, the period for realisation of both pre-shipment and post-shipment export credit was enhanced to 450 days, for disbursals made till March 31, 2026. Given the continuing logistical disruptions due to the West Asia crisis, it has been decided to extend the enhanced export credit period of 450 days for all disbursals made till June 30, 2026. The Reserve Bank of India (Trade Relief Measures) Directions, 2026 are, accordingly, being issued today.

Reserve Bank shall continue to monitor the situation closely and intervene in most appropriate manner, as and when required.

(Brij Raj)
Chief General Manager

Press Release: 2025-2026/2362 | |