Trust Receipt Loan
| Purpose | Financing on the imported consignment of the merchandise goods. |
| Financing Ratio: | Maximum 90% of the document value of the consignment of the merchandise goods. |
| Nature | (i) Credit limit-revolving & renewable. (ii) Loan under single deal – 'non-revolving'. |
| Disbursement | On the payment of the import document to the beneficiary or at the time of document retirement for the custom by booking the loan under deal. |
| Principal Repayment | Each deal within maximum period of 120 days or as per NRB Provision. |
| Interest repayment | On quarterly basis but prior to the maturity of the deal. |
| Security: | At least 111% coverage by the value of the hypothecated imported consignment and/or 50% coverage by the value of mortgaged collateral security. |
