Indian & Foreign banks Quotes
A) L+ 40 to 60 bps p.a. for 90 to 180 days usance discounting till maturity
B) 12 M L + 45 to 65 for 360 day usance
C) 6 M L+75 to 95 bps with half yearly reset for 3 years supplier credits of capital goods imports.
Letter of Credit reimbursement structure:
L+45 to 60 bps for 180 days usance from nationalized & foreign banks.
LC/SBLC Limits are available on major global banks for discounting at competitive rates without recourse to supplier.
Foreign currency financing against SBLC/ADVANCE PAYMENT GUARANTEE issued by major PSU banks:
L+ 2 to 3.5% pa or fixed rate of 3.5% to 5% pa inclusive of all.
Trade Financing/Pre & Post Shipment Financing offered without any collateral from our associated world’s largest shipping company.
(All rates for your reference subject to credit worthiness of the borrowers and quality of project)