TJSB LC Bill Discounting
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LC Bill Discounting
TJSB provides LC Bill discounting facility to its existing customers only for local LCs issued by acceptable scheduled/commercial Banks in India.
Bank offers the LC Bill Discounting facility to its existing customers only.
**“Conditions Apply. Loan at sole discretion of the Bank”
Type of Loan :
LC Bills Discounting.
Loan Amount :
Need based– within the bank’s exposure limit
As per Banks policy from tme to time.
- Repayment :
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).