TJSB Bills Discounting

A facility for our customers for short term finance from the date of sale to date of receipt of payment thereof.

All you need to know

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Type of Loan : Bills Discounting.
Purpose : Working Capital
Loan Amount : Need based– within the bank’s exposure limit
Margin : As per Bank’s policy from time to time.
Repayment : Self liquidating.
Rate of Interest : Linked with PLR As per Banks Credit rating

Who can borrow

Individuals, Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies.
Bills not exceeding 90 days usance.
Prime Security

Accepted bills of exchange/hundis
(Bills accepted of reputed Ltd. Companies with good repute backed by PDC on case to case basis).
Collateral Security

If required, on case to case basis.

* “Conditions Apply. Loan at the sole discretion of the Bank”