Overseas Investment Credit is a medium and long-term credit. Eximbank will evaluate the investment plan provided by the applicant and determine the tenor based on the investment payback period. In principle, the credit shall not exceed seven years. Depending on the status of the investment payback, Eximbank will also approve a grace period. During the grace period, the borrower needs only to pay for the interest and not the principal. The loan principal is paid once every six months, while the interest is paid once every three months.