TJSB LC Bill Discounting

LC Bill discounting facility only for our existing customers for local LCs issued by acceptable scheduled/commercial banks in India.

All you need to know

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Type of Loan : LC Bills Discounting.
Purpose :Working Capital.
Loan Amount : Need based– within the bank’s exposure limit
Margin As per Banks policy from tme to time.
Repayment :Self liquidating.
Rate of Interest : Linked with PLR As per Banks Credit rating

Who can borrow
Individuals, Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies who are existing customers of TJSB.
Bills not exceeding 180 days tenure.
Prime Security
Accepted bills backed by LC
(LC’s / bills payment confirmed by bank).

* “Conditions Apply. Loan at the sole discretion of the Bank”