TJSB LC Bill Discounting

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TJSB provides LC Bill discounting facility to its existing customers only for local LCs issued by acceptable scheduled/commercial Banks in India.
Bank offers the LC Bill Discounting facility to its existing customers only.
  1. Type of Loan : LC Bills Discounting.
  2. Purpose : Working Capital.
  3. Loan Amount : Need based– within the bank’s exposure limit
  4. Margin : As per Banks policy from tme to time.
  5. Repayment : Self liquidating.
  6. Rate of Interest : Linked with PLR As per Banks Credit rating
  1. Who can borrow : Individuals, Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies who are existing customers of TJSB.
  2. Bills not exceeding 180 days tenure.
  3. Prime Security : Accepted bills backed by LC
    (LC’s / bills payment confirmed by bank).
**“Conditions Apply. Loan at sole discretion of the Bank”

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