Post Shipment Limit
Post Shipment Limit(PSL)
Post Shipment Limit(PSL) is provided to exporters for purchase/discounting/negotiating of foreign sight /Usance bills.
Features
- Provided to an exporter for purchase/discounting/negotiating of foreign sight /Usance bills.
- Post Shipment Credit is to be liquidated from the proceeds of export bills in respect of goods exported/services rendered.
- Eligible limit is Minimum Rs.25 Crores.
- No margin generally for bills under LC's
- Period of the facility is upto 12 months
Eligibility
- Applicant shall be an Exporter
- All Corporates having turnover of Rs.500 Crores and above.
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