Facilties for Exporters & Importers Exporters

Exporters are provided timely and adequate credit to meet the exports commitments.

Exporters are allowed pre and post-shipment credit at competitive interest rates.

Export Credit is made available both in Indian Rupee and Foreign Currency as well.

All eligible exporters are issued GOLD CARD HOLDER" status. In addition to better terms of credit, an additional in principle' export credit (standby) limit of 20% is sanctioned to Gold Card Holder Exporters for a period of 3 years to meet their urgent credit needs for executing sudden export orders.

GOLD CARD HOLDER' Exporters' requests are processed quickly within 25 days / 15 days and 7 days for fresh applications / renewals of limit and ad hoc limits, respectively.

GOLD CARD HOLDER' exporters are given preference in disbursal of foreign currency loans under PCFC.

Importers

We provide import loan at attractive rates to importers of imported inputs and capital goods.

Import loan is allowed in Indian Rupee and in Foreign Currency.

To enable importers avail of credit for their purchases, we also issue Documentary Credits (Letter of Credit and Standby Letter of Credit) favouring overseas supplier.

Import LCs are issued and transmitted by fastest electronic means using SWIFT' systems.

"Trade Credit" is arranged for importers in line with RBI guidelines. We arrange Buyers' Credit' and Suppliers' Credit'. We issue Letter of Credit, Letter of Comfort, Letter of Undertaking to facilitate importer arrange for Trade Credit' at better rates.