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ECB-2highReserve Bank of India

Form ECB 2 due date — Form ECB 2 on Proceeds Received and Debt Serviced

Also searched as: ECB-2

Report the receipt of external commercial borrowing proceeds, and any debt servicing, within 7 calendar days of the end of the month in which the proceeds were received or the debt was serviced, together with any other event that changes the amount outstanding under the loan registration number. The 2026 amendment replaced the monthly return, so a month with none of these needs no return.

When it is due

7 days from the end of the month in which the proceeds were received or the debt serviced

If it is late: Late Submission Fee on the amount involved and the period of delay

Track Form ECB 2 and every other filing — free for 14 days
Due
7 days from the end of the month in which the proceeds were received or the debt serviced
Frequency
Event based
If it lapses
Late Submission Fee on the amount involved and the period of delay
Statutory reference
Schedule I, para 16(1)(c), FEM (Borrowing and Lending) Regulations 2018, as substituted by the First Amendment Regulations 2026 (FEMA 3(R)(5)/2026-RB), in force 16 Feb 2026

Where this date comes from

The instrument
Schedule I, para 16(1)(c), FEM (Borrowing and Lending) Regulations 2018, as substituted by the First Amendment Regulations 2026 (FEMA 3(R)(5)/2026-RB), in force 16 Feb 2026

Mallah Software Services Private Limited has not independently verified this against the gazette. The citation above is the instrument this date is taken from, and it is exact enough for a professional to check. Inside Lawzer a company secretary or chartered accountant can record that they have checked it, against the rule as it read on the day — and that record is withdrawn automatically if the rule later changes. A date nobody has checked says so.

Who has to file it

Every one of these has to hold before Form ECB 2 binds an entity:

  • has an external commercial borrowing
Filed on:
AD Category-I bank
Usually owned by:
Accountant
Typical effort:
2 hours

Common questions

What is the due date of Form ECB 2?
7 days from the end of the month in which the proceeds were received or the debt serviced. It falls due whenever the triggering event happens.
Who has to file Form ECB 2?
It applies to has an external commercial borrowing.
What is the penalty for filing Form ECB 2 late?
Late Submission Fee on the amount involved and the period of delay
Where is Form ECB 2 filed?
AD Category-I bank.
What is the full form of ECB in Form ECB 2?
ECB stands for External Commercial Borrowing. Form ECB 2 is the Form ECB 2 on Proceeds Received and Debt Serviced.

This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.

Other FEMA / RBI obligations