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ECB-FORM-LRNcriticalReserve Bank of India

Form ECB 1 due date — Loan Registration Number for an External Commercial Borrowing

Also searched as: ECB LRN · loan registration number for ECB · ECB-FORM-LRN

Form ECB 1, with the details of the borrowing, filed through the AD bank to obtain a Loan Registration Number. No drawdown may be made until the number is allotted. The regulations count no days from the signing; the deadline is the first drawdown, which Lawzer cannot see, so it raises this on the day the agreement is signed.

When it is due

On signing the loan agreement

If it is late: Compounding under FEMA s.13 — up to 300% of the amount involved — ₹2,00,000

Track Form ECB 1 and every other filing — free for 14 days
Due
On signing the loan agreement
Frequency
Event based
If it lapses
Compounding under FEMA s.13 — up to 300% of the amount involved — ₹2,00,000
Statutory reference
Schedule I, paras 10(1) and 16(1)(a), FEM (Borrowing and Lending) Regulations 2018, as amended by FEMA 3(R)(5)/2026-RB

Where this date comes from

The instrument
Schedule I, paras 10(1) and 16(1)(a), FEM (Borrowing and Lending) Regulations 2018, as amended by FEMA 3(R)(5)/2026-RB

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chartered accountant can record that they have checked it, against the rule as it read on the day — and that record is withdrawn automatically if the rule later changes.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 1 binds an entity:

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

Common questions

What is the due date of Form ECB 1?
On signing the loan agreement. It falls due whenever the triggering event happens.
Who has to file Form ECB 1?
It applies to has an external commercial borrowing.
What is the penalty for filing Form ECB 1 late?
Compounding under FEMA s.13 — up to 300% of the amount involved — ₹2,00,000
Where is Form ECB 1 filed?
AD Category-I bank.
What is the full form of ECB in Form ECB 1?
ECB stands for External Commercial Borrowing. Form ECB 1 is the Loan Registration Number for an External Commercial Borrowing.

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