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Foreign Documentary Bill Purchased

A post-shipment export finance facility against eligible export bills drawn under documentary collections or other acceptable arrangements. The Bank purchases/finances eligible export documents and provides liquidity to the exporter pending realization of export proceeds.

As per prevailing interest/profit rate, discounting terms and applicable charges.

Eligible exporters with acceptable export documents and satisfactory transaction history, subject to Bank assessment.

Export documents including Bill of Exchange, Commercial Invoice, Packing List, Bill of Lading/Air Waybill, Certificate of Origin and other documents as applicable.

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