Скачать или смотреть SBI Loans Export Packing Credit

For purchase of raw materials, processing, packing, transportation and warehousing of goods meant for export,It has two essential features,VIZ:
Existence of an export order and / or letter of credit and
liquidation of the packing credit by submission of export documents within a stipulated perio

Features

Nature of Facility Pre-shipment finance extended as working capital.

Target Group : Manufacturers as well as merchant exporters, are eligible to avail Rupee Packing Credit at concessional rate of interest.

Quantum of loan (Min/Max) : Need based Finance

Margin (%) The percentage of margin is determined depending on the nature of order, commodity, capability of exporter, etc. keeping in view the spirit behind RBI guidelines for liberal finance to the export

Pricing : Competitive Pricing

Collateral Security : As applicable in case of Cash Credit / Working capital limits)

Repayment Period : The period for which the Bank gives packing credit depends on the manufacturing / trade cycle or specific requirements of the individual export, normally not exceeding 180 days.

Processing Fee/Upfront Fee : As applicable to cash Credit Facility/Working Capital Limits



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