Document Purchase
| Purpose | Discounting of export/sales bill of the goods. |
| Financing Ratio: | Maximum 98% of the export/sales bill/document. |
| Nature | (i) Regular limit - revolving and renewable. (ii) Each deal – 'non-revolving' & 'non-renewable'. |
| Disbursement | Fully upon request of the client along with presentation of the export/sales bill/documents under export/purchase order. |
| Principal Repayment | Both principal and interest (for overdue time period) from export bill realization. |
| Security: | 110% by export document/sales bill. |
