|Purpose||Discounting of export/sales bill of the goods.|
|Financing Ratio:||Maximum 98% of the export/sales bill/document.|
|Nature||(i) Regular limit - revolving and renewable.
(ii) Each deal – 'non-revolving' & 'non-renewable'.
|Disbursement||Fully upon request of the client along with presentation of the export/sales bill/documents under export/purchase order.|
|Principal Repayment||Both principal and interest (for overdue time period) from export bill realization.|
|Security:||102% by export document/sales bill.|
|Tenure:||Maximum 15 days from document/bill purchase date.|
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