Trade Finance Advance Against Export LCs
  •           The finance is provided to exporters for procurement and production of goods
  •           Facility given in the form of pre-shipment and post-shipment credit
  •           Pre-shipment credit is provided upto a period of 180 days
  •           Post-shipment advance for Sight bills 45 days and Usance bills based on tenor of bills which generally extends to 90 days
  •           Pre-shipment credit is adjusted from post-shipment finance
  •           Rate of Interest as per Facility Agreement.