FA, 2020 amendment increasing...
Bank Name | Key Features | |
---|---|---|
|
Interest rate
8.10% - 9.10%
Document Handling Charge
1000 |
|
|
Interest rate
7.80% - 8.35%
Document Handling Charge
1000 |
|
|
Interest rate
7.00% - 8.00%
Document Handling Charge
1500 |
|
|
Interest rate
7.60% - 8.25%
Document Handling Charge
1000 |
|
|
Interest rate
8.45% - 8.55%
Document Handling Charge
1000 |
|
|
Interest rate
8.45% - 8.55%
Document Handling Charge
1000 |
|
|
Interest rate
7.90% - 8.50%
Document Handling Charge
1000 |
|
|
Interest rate
8.50% - 9.90%
Document Handling Charge
1000 |
|
|
Interest rate
7.55% - 8.10%
Document Handling Charge
1000 |
|
|
Interest rate
7.50% - 8.75%
Document Handling Charge
500 |
|
|
Interest rate
7.60% - 8.35%
Document Handling Charge
1000 |
|
|
Interest rate
8.71% - 10.31%
Document Handling Charge
1000 |
|
|
Interest rate
8.75% - 8.85%
Document Handling Charge
1000 |
|
|
Interest rate
8.45% - 8.55%
Document Handling Charge
500 |
|
|
Interest rate
7.80% - 8.35%
Document Handling Charge
500 |
|
|
Interest rate
7.95% - 8.20%
Document Handling Charge
1000 |
|
|
Interest rate
8.35% - 9.50%
Document Handling Charge
500 |
|
|
Interest rate
8.60% - 9.50%
Document Handling Charge
500 |
|
|
Interest rate
7.90% - 8.00%
Document Handling Charge
500 |
|
|
Interest rate
8.35% - 9.35%
Document Handling Charge
1000 |
|
|
Interest rate
9.35% - 10.05%
Document Handling Charge
1000 |
|
|
Interest rate
7.55% - 9.60%
Document Handling Charge
1000 |
|
|
Interest rate
8.40% - 9.45%
Document Handling Charge
1000 |
|
|
Interest rate
8.55% - 9-55%
Document Handling Charge
1000 |
|
|
Interest rate
8.00% - 8.55%
Document Handling Charge
500 |
|
|
Interest rate
8.10% - 9.10%
Document Handling Charge
500 |
|
|
Interest rate
9.00% - 10.00%
Document Handling Charge
500 |
|
|
Interest rate
8.35% - 9.35%
Document Handling Charge
1000 |
|
|
Interest rate
8.10% - 8.20%
Document Handling Charge
1000 |
|
|
Interest rate
7.50% - 8.30%
Document Handling Charge
1000 |
|
|
Interest rate
9.10% - 10.00%
Document Handling Charge
500 |
|
|
Interest rate
8.45% - 8.55%
Document Handling Charge
1000 |
|
|
Interest rate
8.20% - 8.75%
Document Handling Charge
1500 |
|
|
Interest rate
8.60% - 8.65%
Document Handling Charge
1000 |
|
|
Interest rate
8.45% - 8.55%
Document Handling Charge
1000 |
|
|
Interest rate
7.70% - 7.85%
Document Handling Charge
1000 |
|
|
Interest rate
7.95% - 8.15%
Document Handling Charge
1500 |
|
|
Interest rate
8.10% - 8.25%
Document Handling Charge
1500 |
|
|
Interest rate
9.20% -10.25%
Document Handling Charge
1000 |
|
Discounting of Letter of Credit (LC) is a short-term credit facility provided by the bank. In the Letter of Credit discounting process, the bank purchases the documents or bills of the exporter and in return make him the payment for a security or a fee.
While discounting a bill, the Bank buys the bill (i.e. Bill of Exchange or Promissory Note) before it is due and credits the value of the bill after a discount charge to the customer's account.
The business gets the cash instantaneously giving business cycle a better momentum. It allows an entrepreneur to do business without funds. This works like a bank overdraft, the borrower pays the interest only on the amount of money utilized. There is a tough competition in the market to extend such credit and hence there are a plenty of different products to suit the needs of the client. There are borrowers who even cover the risk of bad debt alon
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