Export Finance

It can be Rupee or Foreign Currency denominated. The sanction of fresh or enhanced export credit limits should be made within 45 days from date of receipt of credit limit application. In case of renewal of limits, time taken should not exceed 30 days and for sanction of adhoc credit facilities, it is 15 days. Rate of Interest should not exceed LIBOR + 1%. Pre-shipment Finance are primarilyPacking Credit & Advance against Govt… More information...

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