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Packing Credit Loan, Letter of Credit for Importer & Exporter
To facilitate the task of importers and exporters, for activities like essential purchase, processing, manufacturing or packing of goods before shipment, we provide out PCL services. This can be on the basis of a LC, confirmed and irrevocable order for the export of goods or other relevant documents. Packing Credit is granted for a period depending upon the circumstances of the individual case, such as the time required for procuring, manufacturing or processing (where necessary) and shipping the relative goods. This pre-shipment / packing credit granted has to be liquidated out of the proceeds of the bill dawn for the exported commodities.
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