Import Advances


We offer varied type of facilities to finance your consignments imported under Letters of Credit or on Collection Bills i.e.

Documents against Payment (DP) or Documents against Acceptance (DA).

Facilities could be arranged expeditiously to avoid any additional costs by way of demurrage etc.The products available are Hypothecation/Trust Receipts/Series of Loans/Pledge Loans.

In case of Pledge Loans, the goods will be under dual control and releases can be obtained by making the payment as and when required for your production  process or sale. 

This product will therefore help you to manage  your cash flows properly.

Repayment of Short Term loans could be arranged to suit your cash flows up to a maximum of 06 months.

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