A. Project Implementation Finance
- Letter-of-Credit (Local/Foreign)
- To import capital machineries for Greenfield or BMRE project.
- Considerable cash margin is required as per bank credit policy.
- Investment against Trust Receipt (LTR)
- LTR facility can only be allowed against imported goods under sight L/C.
- Investment against Trust Receipt (LTR) is a post-import short-term funded facility provided to the importer who is a trusted client of the Bank involved in manufacturing/trading business to retire L/C-related shipping documents.
- LTR facility can only be allowed for retirement of L/C documents against imported raw materials.
- Term Investment
- To meet credit requirement for retirement of documentary credit facilities against the import of capital machineries of the project.
- Disbursement to be made phase-by-phase upon assurance of proper utilization of both equity and debt participation.
- Sale proceeds/rent must be deposited to the Investment account for adjustment purposes.
- Maximum Investment Tenor to be fixed considering the payback period or project life.
- Lease Financing
- To meet credit requirement for import of capital machineries of the project.
- It is a term financing repayable through lease rental in the form of equal monthly installments (including principal and profit).
- Ownership of the leased-out equipment/vehicle under the lease agreement covering comprehensive risks belongs to the Bank.
B. Working Capital Finance
- Cash Credit (Hypo)
- To meet credit requirement for smooth running of the project after implementation.
- Facility will cover the justifiable amount of working capital assessment.
- Letter-of-Credit (Local/Foreign)
- To import raw materials for manufacturing goods for the purpose to sell locally or export.
- Considerable cash margin is required as per bank credit policy.
- Investment against Trust Receipt (LTR)
- LTR facility can only be allowed against imported goods under sight L/C.
- Investment against Trust Receipt (LTR) is a post-import short-term funded facility provided to the importer who is a trusted client of the Bank involved in manufacturing/trading business to retire L/C-related shipping documents.
- LTR facility can only be allowed for retirement of L/C documents against imported raw materials.