Page-header-breadcrumb

Breadcrumb

Rediscounting of Export Bills Abroad (EBRD)

Rediscounting of Export Bills Abroad (EBRD)

Features

star-with-tick-icon
Provided to exporters for discounting of export bills at rates linked to internationally competitive interest rates at post shipment stage.
star-with-tick-icon
Rate of interest is linked to ARR
star-with-tick-icon
No margin generally for bills under LC's and period of the facility is upto 12 months

Eligibility

  • Applicant shall be an Exporter
  • All Corporates having turnover of Rs.500 Crores and above.

Security

Primary
  • Document of title to the goods
 
Collateral
  • Extension of charge over current assets / fixed assets
  • Additional tangible security such as immovable properties / bank deposits etc. 
Others
  • Personal guarantee of proprietors / partners / promoters
  • Corporate guarantee 
  • ECGC cover (required on a case to case basis)
Get a Call Back
Letter of Credit (LC) Bill Discounting Post Shipment Limit(PSL) Merchant Banking Services Project Finance IFSC Banking Unit (IBU)

YOU-MIGHT-BE-INTERESTED-PRODUCT-PAGE

You might be interested

Recommendations for a safe and easy banking experience

Blog

Stay tuned to banking innovations & trends and make smart financial decisions

Learn More
Tutorial Videos

Watch tutorial videos about our products & services and harness the power of digital banking.

Learn More
Safe Zindagi

Our guidelines and tips for secure banking with total peace of mind

Learn More