Trust Receipt Loan
Purpose Financing on the imported consignment of the merchandise goods.
Financing Ratio: Maximum 90% of the document value of the consignment of the merchandise goods.
Nature (i) Credit limit-revolving & renewable.
(ii) Loan under single deal – 'non-revolving'.
Disbursement On the payment of the import document to the beneficiary or at the time of document retirement for the custom by booking the loan under deal.
Principal Repayment Each deal within maximum period of 120 days or as per NRB Provision.
Interest repayment On quarterly basis but prior to the maturity of the deal.
Security: At least 111% coverage by the value of the hypothecated imported consignment and/or 50% coverage by the value of mortgaged collateral security.
Tenure: Regular credit limit for maximum one year period.

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