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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.
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