TJSB Pre-Shipment Finance
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Packing credit (Pre-Shipment Finance) is a working capital advance granted to exporters to enable them
to purchase/import of raw materials, processing and packing of the goods meant for exports. The tenor
of the advance will be normally up to 90 days or production cycle period with maximum of 180 days.
We offer service in both local and foreign currency.
Offer service in both local and foreign currency.
**“Conditions Apply. Loan at sole discretion of the Bank”
Type of Loan :
Loan Amount :
Need based– within the banks exposure limit
As per Banks policy from time to time.
- Repayment :
Normally up to 90 days or production cycle period with maximum of 180 days.
Rate of Interest : INR - Linked to REPO Foreign Currency - Linked to LIBOR/EURIBOR
Who can borrow :
Individuals, Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies.
Prime Security :
Hypothecation of Stock & Book Debts.
Collateral Security :
If required, on case to case basis.