Post Shipment Finance
Post Shipment Finance - IDBI Bank
We provide ‘Post-shipment credit’ by way of Bill Discounting or Advance against Export Receivables upto 180 days or tenor as approved by Reserve Bank of India. The facility would be in the form of loan / advance granted to an exporter. The loan can also be given against the security of export incentives such as duty draw back and also against undrawn balances in the invoice.
Post-shipment finance is provided against the evidence of shipment of goods or supplies made to the importer or ay other designated agency. The Post Shipment Credit is provided both in INR and foreign currency.
We offer:
Same day dispatch of documents,
Payment tracking using special arrangement with our correspondent banks
Credit investigation on overseas buyers
Post Shipment Finance - IDBI Bank
Export bills purchased / discounted
Export bills negotiated
Advances against bills for collection
Advance against export on consignment basis
Advance against undrawn balance on exports
Advances against duty drawback receivable from Government