Get Certificate for ECB Utilization by Chartered Accountant – For RBI, AD Bank & FEMA Compliance
If your company has received funds from abroad in the form of External Commercial Borrowing (ECB), it is mandatory to report and certify the end-use of those funds to comply with FEMA (Foreign Exchange Management Act), RBI guidelines, and Authorized Dealer (AD) bank requirements.
At Taxfixy, we help Indian companies, startups, and corporates obtain accurate and timely ECB Utilization Certificates, certified by a Chartered Accountant (CA) and accepted by banks, RBI, and compliance authorities.
What is an ECB Utilization Certificate?
An ECB Utilization Certificate is a CA-certified document that verifies:
- The amount of ECB (loan) received in India from a foreign entity
- The authorized and permissible use of those funds
- Confirmation that the borrowing complies with RBI’s end-use norms
- No diversion or misutilization of funds for non-permitted activities
This certificate is often requested by:
- Authorized Dealer (AD) banks
- RBI during inspection or quarterly returns
- Company auditors
- Foreign lenders or investors for reporting
Who Needs This Certificate?
- Companies that have received ECB from foreign lenders
- Entities filing Form ECB-2 with RBI
- Borrowers asked for fund utilization by AD banks
- Companies under FEMA or statutory audit
- Firms applying for additional ECB or rollover approvals
- Businesses presenting utilization details to investors
Permissible Uses of ECB (as per RBI)
- Capital expenditure (plant, machinery, modernization)
- Infrastructure development
- Import of capital goods
- Refinancing of earlier ECB
- Working capital (for certain sectors)
- On-lending to eligible sectors
- Repayment of Rupee loans (under approval route)
Prohibited uses:
- Real estate or land acquisition
- General corporate expenses
- Investment in capital markets
- Purchase of equity shares or repayment of domestic loans (unless permitted)
Documents Required
- ECB Loan Agreement (borrower and lender)
- RBI approval / automatic route documents
- ECB LRN (Loan Registration Number)
- Bank advice / SWIFT receipt of foreign inflow
- Board resolution authorizing fund usage
- Utilization proofs (invoices, payment entries, etc.)
- Bank statement and ledger entries
- FEMA declarations (if applicable)
What the Certificate Includes
- Company Name, CIN, and PAN
- ECB Lender details and amount received
- Date and mode of receipt (SWIFT/Bank)
- Purpose of borrowing and end-use certification
- Details of fund utilization in INR
- Declaration of FEMA compliance
- CA’s signature, UDIN, membership number, and seal
Optional annexures and detailed fund deployment statements can also be provided on request.
Why Choose Taxfixy?
- Chartered Accountants with deep FEMA & ECB expertise
- Certificate accepted by RBI and all major AD Banks
- 100% Online Service – PAN India Support
- 48-hour turnaround time
- Help with Form ECB-2, board resolutions, and compliance mapping
- Transparent pricing, full confidentiality
- Assistance during RBI audits or investor queries
How It Works
- Call / WhatsApp: +91 7048914151 or Email: support@taxfixy.com
- Share ECB documents, fund inflow proof, and utilization details
- CA verifies the details and certifies fund usage
- Make a secure online payment
- Get digitally signed PDF certificate with UDIN (hard copy optional)
- Optional: We also help you file Form ECB-2 if needed
When is This Certificate Required?
- Monthly filing of Form ECB-2 to RBI
- On AD Bank’s request for utilization verification
- As part of statutory or FEMA audit
- For overseas investor reporting
- While applying for fresh ECB or extension
- In response to RBI scrutiny or compliance queries
Accepted By
- Authorized Dealer Banks (ICICI, HDFC, Axis, SBI, etc.)
- Reserve Bank of India (RBI)
- Auditors and compliance officers
- Foreign lenders and private equity investors
- FEMA and Income Tax departments
Get Your ECB Utilization Certificate Now – RBI-Compliant & Bank Approved
Whether you're reporting to RBI or responding to an AD bank query, Taxfixy delivers your certificate accurately, quickly, and professionally.
Email: support@taxfixy.com
Call / WhatsApp: +91 7048914151
Website: https://taxfixy.com
Taxfixy – India’s trusted platform for FEMA, RBI, and CA-certified business documentation.
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