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External Benefits

Credit Linked Capital Subsidy

Import Financing Buyers Credit

New DCS Benefits for exporters

PCFC & Factoring Services

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PCFC & Factoring Services (For Export & Local Bills)

PCFC – Packing Credit in Foreign Currency

Are you aware that your exports areeligible for Pre Shipment & Post Shipment Credit @ Libor Linked Rates? The interest is @ 6% !

Salient Features:

  • Discounting of Post shipment export bills @ Libor linked rates.
  • You can draw funds for export orders (pre shipment) for payment of both import and local supplies!.
  • Retain the funds in foreign currency in EEFC A/c and convert @ favorable exchange rates.
  • Apply for export gold card for automatic Working enhancement (for exports 25 Crs).

Factoring Services (For Export & Local Bills)

Factoring Services – Sales Bills Discounting @ lower rate of interest. 11% ~ 12% interest rate for domestic sales and 7% for export sales. No collateral required for fixing the limits

Salient Features:

  • No collateral required for fixing the Discounting Limits.
  • Reduction in borrowing cost.
  • Flexibility in operation.
  • Bills raised on reputed / top rated customers are only eligible.
  • Simple process and less documentation.

Pdfs

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